A New Path to Market for Flow Batteries: Rent anElectrolyte
Thenewfangled arrangement lowers the upfront price of vanadium flow batteries,potentially making them more competitive with lithium.
Julian SpectorFebruary 20, 2019
A 10-year vanadium rental arrangement eliminates aboutone-third of the upfront capital expense of a flow battery purchase, said MattHarper, president and chief product officer at Avalon Battery.
.The key is that it turns a large upfront charge into a smaller one.
Strategicarrangements with vanadium suppliers offer a workaround for high prices.
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