Webinar: The Future of the Vanadium Redox Flow Battery: Cost Reduction, Market Adoption, and Demand Growth

After a tumultuous start, lithium-ion batteries have begun to find their footing in the grid storage market with over $300 million worth of projects active on the grid as of March 31, 2012. While Lux Research projects continued growth and adoption of lithium-ion chemistries, many stakeholders are looking towards vanadium redox (VaR) flow batteries to surpass lithium-ion batteries and carry the grid storage market to new heights. On paper, the vanadium redox battery has the cost and performance metrics to do so, but technology developers have yet to bring an economically viable and commercially scalable system to the market. In this webinar, we will examine the true potential for the vanadium redox flow battery and determine the following:

• Real-world global demand for the VaR battery across all stationary applications
• Various cost-reduction approaches, and the impacts these approaches have on demand
• Impacts of supply chain fluctuations on cost and demand