Techno-Economic Modeling and Analysis of Redox Flow Battery Systems

Jens Noack, Lars Wietschel, Nataliya Roznyatovskaya, Karsten Pinkwart and Jens Tübke
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Jens Noack: Fraunhofer-Institute for Chemical Technology, Applied Electrochemistry, Joseph-von-Fraunhofer-Str. 7, Pfinztal 76327, Germany
Lars Wietschel: Fraunhofer-Institute for Chemical Technology, Applied Electrochemistry, Joseph-von-Fraunhofer-Str. 7, Pfinztal 76327, Germany
Nataliya Roznyatovskaya: Fraunhofer-Institute for Chemical Technology, Applied Electrochemistry, Joseph-von-Fraunhofer-Str. 7, Pfinztal 76327, Germany
Karsten Pinkwart: Fraunhofer-Institute for Chemical Technology, Applied Electrochemistry, Joseph-von-Fraunhofer-Str. 7, Pfinztal 76327, Germany
Jens Tübke: Fraunhofer-Institute for Chemical Technology, Applied Electrochemistry, Joseph-von-Fraunhofer-Str. 7, Pfinztal 76327, Germany

Energies, 2016, vol. 9, issue 8, 1-15

Abstract: A techno-economic model was developed to investigate the influence of components on the system costs of redox flow batteries. Sensitivity analyses were carried out based on an example of a 10 kW/120 kWh vanadium redox flow battery system, and the costs of the individual components were analyzed. Particular consideration was given to the influence of the material costs and resistances of bipolar plates and energy storage media as well as voltages and electric currents. Based on the developed model, it was possible to formulate statements about the targeted optimization of a developed non-commercial vanadium redox flow battery system and general aspects for future developments of redox flow batteries.

Keywords: redox flow battery; techno-economic analysis; materials; cost (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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