Over the last decade, redox flow battery (RFB) deployments have been sporadic and few compared to ever-growing Li-ion battery deployments for stationary energy storage applications. However, as the penetration of variable renewable energy (VRE) sources into electricity grids increases globally, so will the need to manage more uncertain and variable electricity supply. IDTechEx’s new report, “Redox Flow Batteries Market 2024-2034”, shows that the RFB market will be valued at US$2.8B in 2034. There are several factors that...