Battery Energy Storage Breakthroughs Flowing
Is This Finally A Real Energy Storage Breakthrough?
Irina Slav, August 12, 2016 (OilPrice)
“…[Energy storage is one of the keys to making New Energy] sustainable and reliable…[which is why there] is a truly huge race on to create cheap storage systems, and the greener they are, the better…[Quinones, pigments found in a variety of plants, can be used to make] an organic flow battery that is cheap, environmentally friendly, and easily scalable…The storage system uses external tanks, which is what makes it so easy to scale up or down, for use in households or factories. It’s cheap because the organic molecules it uses are abundant and easily accessible. It’s environmentally friendly, because it uses water solutions and non-toxic chemicals…[Such flow batteries could bring power storage costs down to $100 per kWh (currently costs are about twice this amount)… McKinsey, the international consultants, have estimated, as quoted by the Telegraph, that the global market for energy storage systems will be worth $90 billion annually in 2025…” click here for more