Evaluating the profitability of VFB Evaluating the profitability of vanadium flow batteries
https://www.pv-magazine.com/2024/03/15/evaluating-profitability-of-vanadium-flow-batteries/
Excerpt
Their estimations indicate that technological and market evolutions are heading to much more competitive systems, with capital costs down to €260 ($284.2)/kWh at an energy/power duration of 10 hours. Namely, this is the breakeven point where the present values of total costs equate the present values of total revenues and no economic result is obtained.
“This is to be compared with a break-even point in the net present value of 400€ kWh, which suggests that flow batteries may play a major role in some expanding markets, notably the long duration energy storage,” the researchers stated.