Sichuan introduces groundbreaking policy for vanadium battery industry to drive growth in energy storage sector

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Gamingdeputy reported on May 9 that six departments including the Sichuan Provincial Department of Economy and Information Technology jointly issued the “Implementation Plan for Promoting the High-Quality Development of the Vanadium Battery Energy Storage Industry” (hereinafter referred to as the “Implementation Plan”). It is reported that this policy is the country’s first special policy for the vanadium battery industry.

The basic conditions for the development of Sichuan's vanadium battery energy storage industry are relatively good. Gamingdeputy inquired about the official announcement and learned that,Sichuan Province’s vanadium resource reserves rank first in the country, and its vanadium pentoxide production ranks first in the country.there are many vanadium product processing and production enterprises in the province, among which Panzhihua Iron and Steel Group Vanadium and Titanium Resources Co., Ltd. currently has a production capacity of more than 40,000 tons of vanadium products (named V2O5 count).

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The Implementation Plan proposesSupport the promotion and application of vanadium batteries in photovoltaic, wind and other new energy power generation with energy storage, grid peak and frequency regulation, communication base station energy storage and other aspects.. The policy also proposes six key tasks:

Carry out application pilot demonstrations

Sichuan Province has selected a number of high-standard vanadium battery energy storage pilot demonstration projects to support the promotion and application of vanadium batteries in photovoltaic, wind and other new energy power generation with energy storage, power grid peak and frequency regulation, communication base station energy storage and other aspects.

At the same time, Sichuan will also accelerate pilot demonstrations in key areas, support relevant load centers in the province and areas with solid vanadium industry foundations such as Panzhihua, Neijiang and Leshan, build a number of vanadium battery energy storage power stations based on actual needs, and actively explore technology, business models and Institutional and mechanism innovation will promote the marketization and large-scale application of vanadium battery energy storage.

Strengthen independent technological innovation

The “Implementation Plan” proposes to support enterprises and local governments, scientific research institutes, universities, and financial institutions to jointly create an integrated innovation chain and build high-energy innovation platforms such as vanadium battery energy storage laboratories and pilot-scale maturation platforms.

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Expand production and supply of vanadium products

The policy proposes to promote the development and utilization of vanadium-titanium magnetite resources such as the Honggenan mining area, and support the Panxi region to carry out demonstrations of comprehensive utilization of mineral resources and green mine construction.

Promote industrial cost reduction and efficiency improvement

The policy plans to improve the effective utilization rate of vanadium electrolyte, reduce the amount of vanadium used, promote cost reduction, increase capacity, and improve the economics of vanadium battery energy storage.

Accelerate the creation of industrial clusters

The “Implementation Plan” proposes to support Chengdu, Panzhihua, Guangyuan, Neijiang, Leshan, Dazhou, Liangshan and other places to focus on key areas such as basic research and innovation of vanadium batteries, vanadium resource development and vanadium electrolyte preparation, vanadium stacks and system integration equipment manufacturing. .

Cultivate and improve standard brands

The “Implementation Plan” plans to accelerate the establishment of a technical standard system for the vanadium battery industry, guide and support leading enterprises and scientific research institutions in the province to participate in the formulation of standards for the R&D and production links of electrolytes, separators, electrodes, bipolar plates, and electronic control systems in the vanadium battery industry, and lead the participation Formulate international, national and industry standards for new energy storage to increase industry influence.

The “Implementation Plan” proposes the Sichuan PlanEstablish and improve the vanadium battery energy storage technology standard system and create a whole industry chain of “vanadium resource development – key materials – stack manufacturing – system integration – terminal application”build an industrial cluster with stable development and complete supporting facilities in the upstream, midstream and downstream industrial chain and supply chain, promote the high-quality development of the vanadium battery energy storage industry, and help the advanced materials industry improve and double its quality.

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