Why is the Metal Vanadium Called the New "Green Gold"?
Batteries are vital to the clean energy transition, which explains the popularity of lithium. But now, vanadium is finally starting to get the recognition it deserves. Some even call the metal the new "green gold."
Cutting-edge vanadium redox flow batteries (VRFBs) are superior to lithium batteries in delivering a consistent amount of power over significantly longer periods.
While lithium batteries decay over time and lose capacity, VRFBs can run at 100% capacity forever. In addition, VRFBs are safer than lithium batteries.
The problem is, only 5% of vanadium is mined in the U.S. We’re at the mercy of China and Russia for our supply of this critical energy metal.
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