Bangkok--29 Jun--PTT
PTT collaborates with Cellennium in conducting a research study to develop the application technology of Vanadium Redox Flow Battery (VRFB), a Thai innovative technological device for more efficient and eco-friendly energy storage, focusing on stationary and mobile applications in both industry and transport sectors, while helping drive the production and utilization of renewable energy.
On June 11, 2010, at PTT Research and Technology Institute, Wang Noi, Ayutthaya Province, Dr.Songkiert Tansamrit, Executive Vice President, PTT Research and Technology Institute (PTT RTI), PTT Public Company Limited (PTT), signed a Mutual Nondisclosure Agreement with Mr.Krisada Kampanatsanyakorn, Executive Chairman, Cellennium (Thailand) Company Limited (Cellennium) for undertaking a collaborative research study to develop the application technology of Vanadium Redox Flow Battery (VRFB), a viable technology for higher capacity of energy storage. The study will be geared to enhance the stationary and mobile applications in industry and transport sectors, while focusing on dynamically driving the use of renewable energy generated from power resources such as wind, solar and biomass.
In 1978, Vanadium Redox Flow Battery (VRFB), was patented by a founder of Cellennium (Thailand) Co.,Ltd. It is a kind of rechargeable flow battery that provides unlimited capacity by using larger and larger storage tanks. It can be recharged simply by replacing the electrolyte if there is no available power source to charge it. This unique and useful device of battery is suitable for energy-storage applications, especially in small-scale electricity generation driven by renewable energy whereby the efficiency for storing and discharging of electricity will be significantly enhanced.
Dr.Songkiert Tansamrit, Executive Vice President, PTT Research and Technology Institute, stated that this collaborative research study for the development and evaluation of the application technology of Vanadium Redox Flow Battery, will help stimulate Thailand’s production and utilization of renewable energy. It is aimed to correspond with “Thailand’s Renewable Energy Development Plan” (15 years : 2008-2022) with the target to increase the use of renewable energy from 6.4 percent in 2008 to 20 percent of total energy consumption in 2022.
Mr.Krisada Kampanatsanyakorn, Executive Chairman, Cellennium (Thailand) Company Limited, added that the results from this collaboration would contribute to the achievement of the country’s energy development scheme. The key driver of this technological device is the reliable and efficient VRFB battery that will be capable of storing and discharging electricity, gearing towards the transition from a petro/electric economy to a fully electric one thereby being eco-friendly and partly generated from renewable energy sources, as well as being motivated by the end of affordable fossil fuels.