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Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications

Redox flow battery (RFB) is a promising technology to store large amounts of energies in liquid electrolytes attributable to their unique architectures. In recent years, various new chemistries have been introduced in both aqueous and non-aqueous electrolytes as pathways to lower-cost systems, event...

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Main Authors:	Tang, Lina, Leung, Puiki, Mohd Rusllim, Mohamed, Xu, Q., Dai, Shuyang, Zhu, Xun, Flox, Cristina, Shah, Akeel A., Liao, Qiang
Format:	Article
Language:	English
Published:	Elsevier 2023
Subjects:	T Technology (General) TA Engineering (General). Civil engineering (General) TK Electrical engineering. Electronics Nuclear engineering
Online Access:	http://umpir.ump.edu.my/id/eprint/40622/1/Capital%20cost%20evaluation%20of%20conventional%20and%20emerging%20redox.pdf http://umpir.ump.edu.my/id/eprint/40622/ https://doi.org/10.1016/j.electacta.2022.141460 https://doi.org/10.1016/j.electacta.2022.141460
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spelling	my.ump.umpir.406222024-04-30T06:36:05Z http://umpir.ump.edu.my/id/eprint/40622/ Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications Tang, Lina Leung, Puiki Mohd Rusllim, Mohamed Xu, Q. Dai, Shuyang Zhu, Xun Flox, Cristina Shah, Akeel A. Liao, Qiang T Technology (General) TA Engineering (General). Civil engineering (General) TK Electrical engineering. Electronics Nuclear engineering Redox flow battery (RFB) is a promising technology to store large amounts of energies in liquid electrolytes attributable to their unique architectures. In recent years, various new chemistries have been introduced in both aqueous and non-aqueous electrolytes as pathways to lower-cost systems, eventually meeting the long-term cost target of USD$ < 100 (kW h)−1 for board market penetration. Since there is a lack of capital cost data available for flow batteries under the same criteria and assumptions, a fact-based techno-economic analysis is evaluated based on real systems to facilitate the explorations of more competitive systems. In total, nine conventional and emerging flow battery systems are evaluated based on aqueous and non-aqueous electrolytes using existing architectures. This analysis is attempted to evaluate the feasibility of these emerging systems to meet the cost target and to predict their technological prospects for energy storage applications. The capital costs of these resulting flow batteries are compared and discussed, providing suggestions for further improvements to meet the ambitious cost target in long-term. Elsevier 2023-01-01 Article PeerReviewed pdf en cc_by_nc_nd_4 http://umpir.ump.edu.my/id/eprint/40622/1/Capital%20cost%20evaluation%20of%20conventional%20and%20emerging%20redox.pdf Tang, Lina and Leung, Puiki and Mohd Rusllim, Mohamed and Xu, Q. and Dai, Shuyang and Zhu, Xun and Flox, Cristina and Shah, Akeel A. and Liao, Qiang (2023) Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications. Electrochimica Acta, 437 (141460). pp. 1-11. ISSN 0013-4686. (Published) https://doi.org/10.1016/j.electacta.2022.141460 https://doi.org/10.1016/j.electacta.2022.141460
institution	Universiti Malaysia Pahang Al-Sultan Abdullah
building	UMPSA Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Malaysia Pahang Al-Sultan Abdullah
content_source	UMPSA Institutional Repository
url_provider	http://umpir.ump.edu.my/
language	English
topic	T Technology (General) TA Engineering (General). Civil engineering (General) TK Electrical engineering. Electronics Nuclear engineering
spellingShingle	T Technology (General) TA Engineering (General). Civil engineering (General) TK Electrical engineering. Electronics Nuclear engineering Tang, Lina Leung, Puiki Mohd Rusllim, Mohamed Xu, Q. Dai, Shuyang Zhu, Xun Flox, Cristina Shah, Akeel A. Liao, Qiang Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications
description	Redox flow battery (RFB) is a promising technology to store large amounts of energies in liquid electrolytes attributable to their unique architectures. In recent years, various new chemistries have been introduced in both aqueous and non-aqueous electrolytes as pathways to lower-cost systems, eventually meeting the long-term cost target of USD$ < 100 (kW h)−1 for board market penetration. Since there is a lack of capital cost data available for flow batteries under the same criteria and assumptions, a fact-based techno-economic analysis is evaluated based on real systems to facilitate the explorations of more competitive systems. In total, nine conventional and emerging flow battery systems are evaluated based on aqueous and non-aqueous electrolytes using existing architectures. This analysis is attempted to evaluate the feasibility of these emerging systems to meet the cost target and to predict their technological prospects for energy storage applications. The capital costs of these resulting flow batteries are compared and discussed, providing suggestions for further improvements to meet the ambitious cost target in long-term.
format	Article
author	Tang, Lina Leung, Puiki Mohd Rusllim, Mohamed Xu, Q. Dai, Shuyang Zhu, Xun Flox, Cristina Shah, Akeel A. Liao, Qiang
author_facet	Tang, Lina Leung, Puiki Mohd Rusllim, Mohamed Xu, Q. Dai, Shuyang Zhu, Xun Flox, Cristina Shah, Akeel A. Liao, Qiang
author_sort	Tang, Lina
title	Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications
title_short	Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications
title_full	Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications
title_fullStr	Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications
title_full_unstemmed	Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications
title_sort	capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications
publisher	Elsevier
publishDate	2023
url	http://umpir.ump.edu.my/id/eprint/40622/1/Capital%20cost%20evaluation%20of%20conventional%20and%20emerging%20redox.pdf http://umpir.ump.edu.my/id/eprint/40622/ https://doi.org/10.1016/j.electacta.2022.141460 https://doi.org/10.1016/j.electacta.2022.141460
_version_	1822924246158934016
score	13.239859

Capital cost evaluation of conventional and emerging redox flow batteries for grid storage applications

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