The U.S. Department of Energy (DOE) has selected CleanTech Strategies (CTS) to receive a $5 million award as part of its Storage Innovations 2030 initiative, aimed at advancing energy storage technologies. CTS, working in collaboration with the Flow Battery Industry Group (FBIG), will lead research efforts to accelerate the development of flow batteries for long duration energy storage (LDES).
Flow batteries, a type of electrochemical storage system, offer potential advantages for LDES applications due to their scalability, cost-effectiveness, and long cycle life. The project team, which includes industry experts, flow battery companies, and research institutions, will focus on key technical and non-technical areas, including system and component lifetime testing, supply chain development, and standards development.
The project aims to align with the DOE’s Energy Storage Grand Challenge Roadmap goal of achieving a levelized cost of less than $0.05 per kilowatt-hour for a 10+ hour system output by 2030. The collaborative efforts between CTS, FBIG, and the research institutions will leverage existing industry knowledge and expertise to accelerate the maturation of flow batteries as a cost-effective and reliable LDES solution.
CTS, founded in 2018, is a subject matter expert firm specializing in energy storage, power electronics, microgrids, and advanced materials. The company has played a significant role in establishing FBIG as part of the Battery Council International (BCI) and promotes a comprehensive approach to energy storage, encompassing various technologies and applications.
The DOE’s award to CTS is a testament to the growing recognition of flow batteries as a promising technology for LDES. The project will contribute to advancing the development and commercialization of flow batteries, supporting the transition towards a clean and resilient energy future.
