With major decarbonising efforts to remove thermal electric power generation and scale up renewable energies, the widespread adoption of energy storage continues to be described as the key game changer for electricity systems. Affordable storage systems are a critical missing link between intermittent renewable power and a 24/7 reliability net-zero carbon scenario.
Increased focus on renewable energy has presented a need for long-duration energy storage in the market. As part of the integrated Tharisa resource group, Redox One is positioned to provide a safe solution, capable of decades of reliable performance, at a significantly lower cost than incumbent technologies. Iron chrome redox flow batteries uniquely demonstrate this potential.
Redox One has a unique development process for producing a low-cost electrolyte directly:
With the significant expansion of renewable energy via solar and wind, cost-effective storage of such energy on demand remains a constraint for many industries while a large gap remains in longer duration systems (+4 hours).
The opportunity in the flow battery industry for low-cost electrolyte is proven to be the safest, most reliable, large-scale energy storage option.
low cost per kWh
1.8 Mt Redox One has direct access to chromite concentrate
~520 kt Cr
~380 kt Fe
~55 GWh Redox One potential storage supply per annum