Vanadium Redox Flow Battery - Energy Storage System (VRB-ESS)
The VRB-ESS can economically store and supply large amounts of
electricity on demand and is focused on stationary applications.
It is a long life, cost effective, low maintenance, efficient
technology that allows for the scalability of power and storage
capacity independently. The VRB-ESS is particularly beneficial to
renewable energy providers, utilities and end users through its
ability to “inventory” electricity, allowing for the optimal
match of supply and demand. The VRB-ESS is well suited for a
variety of applications. Enabling the provision of “firm”
capacity from intermittent renewable generation such as wind and
solar; more cost effective and efficient generation of electricity
in remote areas; capital deferral for utilities; and load leveling
(peak shaving) applications. The VRB-ESS is also capable of
providing backup power solutions including applications for
utility sub-stations and telecommunication sites. The VRB-ESS is
characterized by having the lowest ecological impact of all energy
storage technologies and is unlike most other conventional energy
storage systems that rely on substances such as lead or cadmium.
"The asset purchase includes all patents, trademarks,
know-how, equipments and most of material owned or controlled by
VRB Power. Additionally the core technical team of VRB Power will
join the combined company. The North American operation will be
called Prudent Energy International."