RE: Better Understanding and Relations12 May 2021 13:26
All very reasoned points BBN - I am sure that Siemens will have done extensive due diligence.
They will have no doubt visited the VRFB's in Karlsruhe ICT, at EPFL and in Liege, just like I have.
They will know about all the excellent engineering work going on in Germany, by Fraunhofer Umischt and Volterion, by people such as Voltstorage and Schmalz and Thyssen-Krupp, all of which I have described in articles on the Bushveld Perspective (eg https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-416 ) and like all of us they will have seen the effects of the 2018 Vanadium price spike on the nascent VRFB manufacturing industry. They will have concluded, just as I did at the 2018 Vanitec and IFBF meeting in manchester, that whoever controls the supply of reliably priced Vanadium will be catalytic to the development of the VRFB energy storage industry. This is precisely where BMN comes in, because unlike FAR or any of the other hopefuls BMN actually has significant global production potential.