Romanian Minister of Energy, Sebastian Burduja, has announced the signing of a memorandum of understanding with Lockheed Martin for the construction of a facility in Romania to produce redox flow batteries based on GridStar Flow technology. On Sunday, February 11, the Minister wrote on his Facebook page: “This is a long-term, efficient, and cost-effective technology with an operational lifespan of 20 years. Importantly, it is independent of critical raw materials and environmentally friendly.”
Redox flow battery technology is relatively simple but has gained popularity due to the need for energy storage to match intermittent generation from renewable sources such as wind and solar power.
These types of batteries are capable of storing energy for longer periods than lithium-ion batteries but have lower energy density, meaning they require more space for the tanks containing the liquid with the dissolved chemical components involved in the redox reaction. Another advantage of such batteries is the ability to independently adjust storage capacity (MWh) and power (MW) through tank design and the reaction device.
Minister Burduja emphasizes that these types of batteries are cost-effective, efficient, and environmentally friendly. Their introduction to Romania will contribute to increasing energy storage capacity and adapting it to the unstable nature of generation from renewable sources.
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The source of the article is from the blog jomfruland.net