The global flow battery market is valued at USD 0. 34 billion in 2024 and is projected to reach USD 1. Renewable energy storage is a key use of flow batteries. . This technology strategy assessment on flow batteries, released as part of the Long-Duration Storage Shot, contains the findings from the Storage Innovations (SI) 2030 strategic initiative. The objective of SI 2030 is to develop specific and quantifiable research, development, and deployment (RD&D). . "Flow batteries are gaining momentum as the energy transition fuels demand for innovative battery technologies and government support for long-term storage. " BOSTON, Jan. 31, 2025 /PRNewswire/ -- According to the latest study from BCC Research, "Flow Batteries: Global Markets" is expected to grow. . Dublin, Jan. 14, 2025 (GLOBE NEWSWIRE) -- The "Flow Battery Market by Battery Type, Material, Storage, Use Cases and Region - Global Forecast to 2030" report has been added to ResearchAndMarkets. com's offering. 34 billion in 2024 and is projected to. . This analysis is brought to you by Inkwood Research, a premier market intelligence firm specializing in North American energy storage and grid modernization sectors. Our research team combines extensive experience analyzing flow battery deployments, utility-scale energy storage projects, and. . Will flow batteries accelerate the energy transition and support critical infrastructure? Discover 20 hand-picked Flow Battery Startups to Watch in 2025 in this report & learn how their solutions impact your business. These solutions span long-duration and grid-scale energy storage, scalable flow. . Flow batteries are emerging as a lucrative option that can overcome many of lithium-ion's shortcomings and address unmet needs in the critical mid- to long-duration energy storage (LDES) space. Residential, commercial and grid-scale. .