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Bullboard - Stock Discussion Forum Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company... see more

TSX:LGO - Post Discussion

Largo Inc > LDES procurements for non-lithium tech still in infancy
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Post by kha341 on Jul 08, 2024 1:07pm

LDES procurements for non-lithium tech still in infancy

LDES = Long-duration energy storage


https://www.energy-storage.news/arizona-utility-srp-launches-rfp-for-non-lithium-long-duration-energy-storage/


Excerpt

LDES procurements for non-lithium tech still in infancy

While solicitations for LDES resources are so far quite rare, in both the US and the international energy industries, solicitations for prescribed non-lithium sources are rarer still.

Technology-agnostic LDES RFPs have been hosted by a number of Community Choice Aggregator (CCA) energy suppliers in California and while two prominent solicitations were won out by 8-hour duration lithium-ion BESS projects, others have seen vanadium flow battery (VRFB) bids awarded contracts. Australia’s first LDES tender similarly picked out an 8-hour Li-ion project by RWE.       

However, while Li-ion remains broadly competitive for applications requiring up to 8-hour discharge duration, technology options are being sought around the world for technologies that might cost-effectively compete at longer durations, while also offering the chance to decouple from Li-ion supply chains.

During June, New York’s state government launched a competitive solicitation for LDES technologies with US$5 million budgeted towards it, again to develop and demonstrate scalable solutions, and the first-ever vanadium redox flow battery (VRFB) tender in India was launched through state-owned power producer NTPC a couple of weeks ago.

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