‘Tsunami of need’ possible for long-duration energy storage: Australian Vanadium CEO

Amid the green transition and global endeavors to move away from fossil fuels and toward renewables as a primary source of energy, there is likely to be a “tsunami of need” for long-duration energy storage, Graham Arvidson, chief executive officer of Australian Vanadium, told Fastmarkets.

This means more demand for long-duration energy storage options such as vanadium redox flow batteries, also known as vanadium flow batteries (VFBs) — and, in turn, more demand for vanadium.

That...

Published

Claire Patel-Campbell

October 20, 2023

22:13 GMT

London