Proposal Papers for Policy Making and Governmental Action toward Low Carbon Society

LCS-FY2016-PP-02

Secondary Battery System (Vol. 4):
Structure Analysis and Cost Evaluation of a Redox Flow Battery System

Summary

 Dissemination of renewable energy is moving forward to realize a low carbon society. However, fluctuations in output occur with sources such as solar energy and wind. For this reason, it is essential to create low cost, large scale, long duration electrical energy storage technology which can ensure grid stability by absorbing output fluctuations.

 In this study, we focused on a redox flow battery, regarded as one of the promising large scale stationary storage technologies. Specifically, for a state-of-the-art vanadium redox flow battery system of 1 MW / 5 MWh, manufacturing cost was estimated to be 91 JPY/Wh for annual production of 100 MWh in battery capacity. Although the system has a much longer life time than other power storage systems, it is thus still necessary to significantly reduce manufacturing cost.
 In the future, we will explore the possibilities of reducing manufacturing cost by using cheaper, high performance materials for the electrolytes, separators, electrodes, intermediate frames and bipolar plates, as well as by improving manufacturing technology and battery evaluation methodologies.

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