What is flow batteries Europe?

Flow Batteries Europe represents flow battery stakeholders with a united voice to shape a long-term strategy for the flow battery sector. We aim to provide help to shape the legal framework for flow batteries at the EU level, contribute to the EU decision-making process as well as help to define R&D priorities.

How many flow batteries are installed in Europe?

Between 2010 and 2019, only 7% of the world’s flow battery projects were installed in Europe, with much more R&D and commercial support taking place in North America and Asia. “Forming FBE is a great opportunity to ensure that Europe takes full advantage of this exciting, safe and efficient battery energy storage technology”.

Are flow batteries safe?

Flow batteries are also safer than comparable technologies given that the liquid electrolytes are chemically stable. Finally, flow batteries are an easy fit with existing renewable energy infrastructure; they are often designed to work with renewable energy systems and can be easily controlled through energy management systems.

What are the advantages of flow batteries?

Flow batteries also have environmental and safety advantages over alternative LDES technologies. They have long life cycles of around 20 years, reducing replacement and maintenance costs. Flow batteries can moreover be built using low-cost, non-corrosive and readily-available materials.

Why do flow batteries need a target?

Targets signal consistency of future demand in the market. They provide a sense of stability and predictability that encourages private sector investments in associated supply chains. Such stable foundations are necessary for flow batteries as they are still at an early market creation stage.