A battle around the periodic table has begun in the field of new energy batteries. From the previous lithium "nouveau riche" to the current vanadium. Vanadium batteries have once again caught people's attention, with leading company Pangang Vanadium Titanium doubling its stock price in nearly 19 trading days. And the sector index has risen by nearly 4%. In the vanadium market, it is generally believed that 'whoever obtains vanadium wins the world'. 
Vanadium batteries use vanadium ions to store and discharge electricity. Objectively speaking, the popularity of vanadium batteries is inseparable from the overall upward trend of the new energy industry. However, many experts also point out that "energy storage" is the core of the development of the new energy industry, not "power generation". The root cause of this lies in "peak shaving", which can only be solved by energy storage at present. But currently, the main energy storage method is pumped storage, which is like a large power bank. At this time, it is necessary to equip some "small and medium-sized power banks", which is very necessary. The safety and capacity of building energy storage power stations are very important. In summary, vanadium batteries have one sentence: "What is safer than it cannot be installed, and what can be installed is not as safe as it." Moreover, compared with other batteries, vanadium batteries have a simpler component like a clear stream. 
In addition, with the rapid growth of new energy, the demand for installed capacity and energy storage is also increasing. The previously released "Guiding Opinions on Accelerating the Development of New Energy Storage" mentioned that by 2025, the installed capacity of energy storage, except for pumped storage, should be over 30GW, and energy storage should be upgraded from commercialization to scale. In addition, compared to lithium batteries, China has the world's largest vanadium reserves and production, and its resources are controllable. In this situation, vanadium batteries naturally became popular. 
Advantages of Vanadium Batteries 
1. High safety: There is no risk of explosion or fire, which cannot be compared to other batteries. Energy storage safety comes first. 
2. High efficiency: Its catalytic activity is high, with an energy conversion rate of over 75%, while lead-acid batteries only have 45%. 
3. High power: It can increase power by increasing the number and area of single cells, and currently the operating power abroad can reach 6 megawatts. 
4. Instant charging: Changing the electrolyte can achieve instant charging. 
5. Fast response: Switching between charging and discharging during runtime takes only 0.02 seconds. 
6. Low cost: It is mostly made of cheap materials, abundant, easy to recycle, and has low cost, including vanadium. 
Under these advantages, vanadium batteries are expected to achieve rapid improvement in new energy storage technologies in the future, helping to achieve rapid growth in installed capacity. A major "preferred" option for future energy storage, which is also the reason why people are optimistic about vanadium batteries. 
With the sharp increase in vanadium consumption for energy storage, it is predicted that the global vanadium supply gap will be around 30000 tons by 2025 and may reach 96000 tons by 2030, which undoubtedly stimulates the vanadium industry chain.