In an era where the discourse around climate change, renewable energy, and sustainable technology is more critical than ever, the "Just Have a Think" YouTube channel emerges as a beacon of well-researched, nuanced analysis.
With a tone that strikes a balance between academic rigour and accessibility, the channel serves as an invaluable resource for professionals, academics, and laypersons alike.
Below is an example of their great content, in this case, it is a video about a focused exploration of Redox Flow Batteries, a technology gaining traction for its potential in long-duration energy storage. In the description of the video you can as always find a lot of useful links.
Sample information from the video:
Advantages Over Lithium-Ion
Longer Cycle Life: Suited for frequent charge and discharge cycles.
Full Discharge Capability: Can be almost fully discharged without affecting lifespan.
Modularity and Scalability: Easier to scale or modify.
Thermal Stability: Operates well at higher temperatures.
Low Self-Discharge Rate: Ideal for long-term energy storage.
Disadvantages
Flow batteries have a lower energy density than lithium-ion batteries, making them bulkier and heavier for the same energy storage. This is a disadvantage in space and weight-sensitive applications like electric vehicles.
Additionally, their complex design, involving separate tanks for electrolytes and a pumping system, leads to higher initial costs and potential maintenance challenges.
The Economics: LCOE Comparison
A 2022 study by the University of Sheffield found that both Redox Flow and Lithium-ion batteries achieved an LCOE of less than 22 cents per kWh. However, Redox Flow Batteries had a distinct advantage in hotter climates due to their thermal stability. Read the full paper here.
Market Highlights
The global Vanadium Redox Flow Battery Market size is estimated to reach USD 1,214.97 Million by 2030 and grow at a CAGR of 19.5% during the forecast period (2023-2030). Consegic Business Intelligence Pvt Ltd
From the above-mentioned report from Consegic Business Intelligence Pvt Ltd the Vanadium Redox Flow Battery Market Growth Drivers are:
Renewable Energy Storage: Rising demand for energy storage in renewable sectors like solar energy is a key driver for market growth.
Automotive Sector: The growing need for rechargeable electric batteries in automotive applications is significantly boosting the market.
Temperature Versatility: The ability of these batteries to operate across a wide temperature range further accelerates market growth.
Further Reading
Organic Flow Batteries from Rivus: https://www.giveinnovation.net/post/rivus-batteries-pioneering-a-sustainable-energy-future-with-organic-redox-flow-batteries
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