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Advanced Batteries & Energy Storage Research
Posted on October 4, 2023 by  & 

Webinar - Are Redox Flow Batteries in High Demand?

Webinar Title: Are Redox Flow Batteries in High Demand?
Date: Thursday 19 October 2023
Presenter: Conrad Nichols, Technology Analyst at IDTechEx
Space is limited - book your seat today!
IDTechEx forecasts that by 2034, the redox flow battery (RFB) market will be valued at US$2.8B.
RFBs can store energy for longer durations at a lower levelized cost of storage versus Li-ion, and this is mainly facilitated by their longer cycle life. Demand for long duration energy storage technologies, including RFBs, is expected to increase to facilitate increasing variable renewable energy penetration in the future.
This unlocks opportunities for players across the value chain, including material suppliers, RFB developers and utility companies. For instance, various RFB chemistries being developed and commercialized by different players will be partly responsible for overall market growth. Some of these alternative chemistries will be cheaper than commercially deployed vanadium RFBs, and thus attractive to customers.
However, in the meantime, will redox flow batteries be in high demand? Several factors will contribute to the rate of RFB installations over the coming years, including player activity, material costs, technical challenges, market applications, among more.
This webinar, presented by Conrad Nichols, aims to answer this question, and give an overview of the redox flow battery market, drawing upon research from IDTechEx's newly updated report "Redox Flow Batteries Market 2024-2034: Forecasts, Technologies, Markets".
This webinar will cover:
  • Introduction to and working principles of redox flow batteries
  • Energy and power decoupling explained
  • Levelized cost of storage (LCOS) vs. Li-ion
  • Introduction to RFB chemistry benchmarking
  • Current and future market applications of RFBs; discussion on long duration energy storage
  • Membranes used in redox flow batteries and introduction to other components
  • Overview of market analysis and recent RFB installations made by key players
  • IDTechEx's outlook and conclusions

Register Your Free Place

We will be holding exactly the same webinar three times in one day. Please register for the session most convenient for you.
Date: Thursday 19 October 2023
Duration: Approx. 25 Minutes
Webinar #1: Asia-Pacific
9:00am (UTC+8) Singapore, Taipei, Beijing
9:00am (UTC+8) Australian Western Standard Time
10:00am (UTC+9) Tokyo, Seoul
10:30am (UTC+10.30) Australian Central Time
11:00am (UTC+11) Australian Eastern Time
1:00pm (UTC+13) Auckland, New Zealand
Click here to register for this session
Webinar #2: Europe
10:00am (UTC) London
11:00am (UTC+1) Amsterdam, Berlin, Rome
12:00noon (UTC+2) Athens, Jerusalem
Click here to register for this session
Webinar #3: Americas
9:00am (Pacific Time PT) USA & Canada
10:00am (Mountain MST) USA & Canada
11:00am (Central CST) USA & Canada
12:00noon (Eastern EST) USA & Canada
5:00pm (UTC) London
Click here to register for this session

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Posted on: October 4, 2023

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