The vanadium redox flow battery (VRFB) technology is the most commercially deployed flow battery chemistry. However, high electrolyte costs have inhibited the wider market penetration of the technology, especially since Li-ion battery energy storage system (BESS) costs continue to fall. Vanadium electrolyte leasing models may help to reduce upfront cost to some degree, though the commercialization of cheaper, alternative flow battery chemistries will also drive global flow battery market growth. This article examines the current state of VRFBs and the evolving commercialization of alternative redox flow battery (RFB) technologies.

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The growth of Li-ion batteries creates surging demand for lithium, but there is an increasing need for extraction methods that are efficient, sustainable, and versatile across different environments and regions. This article highlights how the emergence of direct lithium extraction (DLE) technologies will allow producers to satisfy these needs while scaling up to meet global lithium demand in the coming decade.

Global battery energy storage system (BESS) deployments continue to be deployed at a rapid pace, with surging deployments seen especially in grid-scale markets. Giant Li-ion BESS players dominate this market leaving untapped opportunities for smaller players to exploit in commercial and industrial (C&I) sectors, behind-the-meter (BTM). However, operating in this underappreciated market can be complex, given the vast end-use applications and changing regional drivers. This article highlights the emerging demand for C&I BESS technologies.