German Energy Vanadium-Flüssigenergiespeicher
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How much vanadium will Germany need in 2050?
Assuming a need of vanadium of 5,500 t/GWh, in 2050 Germany would demand to the vanadium market something between 65 kt (in case of a market share of 10% of VRFBs at the energy storage market) and 650 kt (100% market share) depending on the realized policy, the market share of VRFBs and the installed capacity [ 12, 13 ].
Does Germany have a vanadium market?
In Germany, the steel industry alone absorbs about 90% of the total vanadium imported . Since vanadium for batteries is not recyclable yet , the entry of the energy sector in the vanadium market would significantly intensify the competition and put a significant risk on the reliability of the vanadium availability.
Does vanadium have a supply chain?
In total, 242 variables were selected to characterize vanadium's supply chain. Considering a successful energy transformation in 2050, four logic-stochastic models were created to assess the supply risks associated with four different market shares of VRFBs at the storage market, i.e. 10%, 25%, 50%, and 100%.
What is a vanadium flow battery?
The vanadium flow battery (VFB) can make a significant contribution to energy system transformation, as this type of battery is very well suited for stationary energy storage on an industrial scale (Arenas et al., 2017 ). The concept of the VFB allows conver electrical energy into chemical energy at high efficiencies.
Why should Germany use energy storage systems?
Germany is under increasing pressure to rapidly decarbonize its electricity system, while ensuring a secure and affordable electricity supply. In this context, energy storage systems (ESSs) can play a crucial role in enabling a high share of variable renewable electricity generation.
Are vanadium redox flow batteries a good solution for energy storage?
In this context, Vanadium Redox Flow Batteries (VRFBs) are seen as the most promising solution for medium and large energy storage systems , , .