IDTechEx Asks, Will Redox Flow Batteries be a Widely Deployed Energy Storage Technology
IDTechEx's new report, " Redox Flow Batteries Market 2024-2034 ", shows that the RFB market will be valued at US$2.8B in 2034.
- IDTechEx's new report, " Redox Flow Batteries Market 2024-2034 ", shows that the RFB market will be valued at US$2.8B in 2034.
- Redox flow batteries are well suited to large, grid-scale applications for stationary energy storage.
- Therefore, energy storage technologies that can provide longer durations of storage, such as RFBs, will be needed to dispatch energy over these longer timeframes.
- This presents an advantage for RFBs to be used as an energy storage technology versus Li-ion.