Passive components limit the cost reduction of conventionally designed vanadium redox flow batteries. (November 2018)
- Record Type:
- Journal Article
- Title:
- Passive components limit the cost reduction of conventionally designed vanadium redox flow batteries. (November 2018)
- Main Title:
- Passive components limit the cost reduction of conventionally designed vanadium redox flow batteries
- Authors:
- Lüth, Thomas
König, Sebastian
Suriyah, Michael
Leibfried, Thomas - Abstract:
- Abstract: A superior scalability and low energy-related costs promote flow batteries to be a promising large-scale storage technology. To date however, flow batteries struggle to compete with lithium-based batteries regarding system costs. To identify costs which are susceptible by the flow battery industry, we study the technology's value chain by breaking down the costs. The main components of a flow battery system are illustrated in Figure 1. The highlighted components are "off-the-shelf" components which are not exclusively made for flow batteries. Hence, the flow battery industry will hardly influence the price of these components, because they are already manufactured in large numbers. Our key finding is that regarding power-related costs, the conventional stack technology is at its limits. Lower electrolyte costs positively affect the system costs. However, to undercut today's prices of lithium-based systems only by reducing electrolyte costs, a much longer storage time than requested by today's business models is required. Hence, the power-related costs have to decrease. We show that new technologies, such as fully welded or clued stacks without using metal framing can dramatically reduce these costs. Furthermore, emphasis should be put on the control system. A programmable logic controller (PLC) is too expensive for small and medium scale energy storage systems. Hence, a more cost-efficient, smarter control system, comparable to the one used for balancingAbstract: A superior scalability and low energy-related costs promote flow batteries to be a promising large-scale storage technology. To date however, flow batteries struggle to compete with lithium-based batteries regarding system costs. To identify costs which are susceptible by the flow battery industry, we study the technology's value chain by breaking down the costs. The main components of a flow battery system are illustrated in Figure 1. The highlighted components are "off-the-shelf" components which are not exclusively made for flow batteries. Hence, the flow battery industry will hardly influence the price of these components, because they are already manufactured in large numbers. Our key finding is that regarding power-related costs, the conventional stack technology is at its limits. Lower electrolyte costs positively affect the system costs. However, to undercut today's prices of lithium-based systems only by reducing electrolyte costs, a much longer storage time than requested by today's business models is required. Hence, the power-related costs have to decrease. We show that new technologies, such as fully welded or clued stacks without using metal framing can dramatically reduce these costs. Furthermore, emphasis should be put on the control system. A programmable logic controller (PLC) is too expensive for small and medium scale energy storage systems. Hence, a more cost-efficient, smarter control system, comparable to the one used for balancing Lithium-based batteries, has to be developed. … (more)
- Is Part Of:
- Energy procedia. Volume 155(2018)
- Journal:
- Energy procedia
- Issue:
- Volume 155(2018)
- Issue Display:
- Volume 155, Issue 2018 (2018)
- Year:
- 2018
- Volume:
- 155
- Issue:
- 2018
- Issue Sort Value:
- 2018-0155-2018-0000
- Page Start:
- 379
- Page End:
- 389
- Publication Date:
- 2018-11
- Subjects:
- vanadium flow battery -- stack technology -- costs -- passive components -- energy storage -- VRFB -- RFB -- stack -- battery stack -- battery
Power resources -- Congresses
Power resources -- Periodicals
Power resources
Conference proceedings
Periodicals
333.7905 - Journal URLs:
- http://www.sciencedirect.com/science/journal/18766102 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.egypro.2018.11.040 ↗
- Languages:
- English
- ISSNs:
- 1876-6102
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3747.729700
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