Vanadium-Energiespeicher-Kraftwerksmaterial
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Is vanadium a critical metal for energy transformation?
The potentially increasing relevance of vanadium for the energy transformation gives the respective governments a strong leverage for acting . Taking into account the risks outlined above, including vanadium in the list of critical metals by the European Commission (EC) was inevitable .
Is vanadium a scarce material?
Vanadium is considered relatively abundant and has many orders of magnitude greater global resources than scarce materials such as platinum group metals (PGMs, common catalysts in clean energy conversion and storage technologies).
Why is vanadium a problem?
High and volatile vanadium prices limit deployment of vanadium flow batteries. Vanadium is globally abundant but in low grades, hindering economic extraction. Vanadium's supply is highly concentrated as co-/by-product production. Opportunities for growth of vanadium supply lie in principal and secondary streams.
What is a 'vanadium supply system'?
This means that the “vanadium supply system”, i.e. the macro system, is less vulnerable or more reliable than its most critical “mine subsystem”. The absence of qualified personnel is the first criticality identified, with a weight of 34.56% to the overall risk.
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.
Can vanadium production be stabilized?
In the longer term, the largest potential to grow and stabilize vanadium production – contingent upon crucial technological advances in vanadium extraction and recovery from low-grade sources – likely lies in principal mining, as vanadium is relatively abundant globally with major deposits in each inhabited continent [ 79 ].