The Prospect Of Vanadium Batteries

As one of the three technical routes in the field of electrochemical energy storage, vanadium batteries have become a hot spot in the capital market recently. Why are vanadium batteries so favored by the market? It is understood that vanadium batteries have a series of advantages such as long life, no pollution in closed operation, no site selection requirements, fast start-up speed, high charge and discharge efficiency, and are the best technical route as energy storage materials.

Not only that, vanadium batteries also have a reserve advantage that lithium batteries cannot match. It is understood that under the hot wave of lithium batteries, what is disturbing is that my country's lithium resource reserves only account for 7% of the global reserves, and most of the lithium resources need to rely on imports. The vanadium resources are different. my country's vanadium reserves account for 42% of the world's proven reserves. The rich vanadium reserves are not only fully self-sufficient, but most of them are easy-to-extract vanadium-titanium magnetite.
Therefore, in terms of safety, convenience, cost and resource strategy, vanadium batteries are one of the best options for energy storage materials in my country in the future.

In addition, the relevant documents issued by the National Energy Administration recently added a policy "fire" to the development of vanadium batteries. Opinion Draft) clearly stated that "medium and large electrochemical energy storage power stations should not use ternary lithium batteries and sodium-sulfur batteries, and cascade utilization power batteries should not be used."
This means that in order to prevent fire accidents in electrochemical energy storage power stations, batteries with high energy density such as ternary lithium have been kept out of the door, while vanadium batteries have opened up more broad imagination space, and the market space for vanadium batteries in the future will be exceptionally wide. According to the estimates of Zheshang Securities, it is estimated that by 2025, the cumulative installed capacity of vanadium batteries will reach 4.3GW, and the five-year compound growth rate will reach 112%. It can be said that the "money" scene is unlimited.