COMMERCIAL ADVANTAGE OF VANADIUM RFB

 • Next GenERATION RFB Development at PNNL – US DOE • $20,000,000 USD led to significant improvements and reduced costs • Competitive advantage over lithium-ion – scale decreases cost per kWhr Source: Pacific Northwest National Laboratory (PNNL)

• Next GenERATION RFB Development at PNNL – US DOE
• $20,000,000 USD led to significant improvements and reduced costs
• Competitive advantage over lithium-ion – scale decreases cost per kWhr
Source: Pacific Northwest National Laboratory (PNNL)

COMMERCIAL OPPORTUNITY FOR IES

 • Vanadium Electrolyte (VE) makes up 55% of RFB cost     • IES opportunity – exploring low cost VE production at both Stina’s Bisoni McKay and EU Energy’s Viken mine sites

• Vanadium Electrolyte (VE) makes up 55% of RFB cost

 

• IES opportunity – exploring low cost VE production at both Stina’s Bisoni McKay and EU Energy’s Viken mine sites