American Vanadium Corp (TSXV:AVC,OTCQX:AVCVF) will partner with the New York State Research and Development Authority (NYSERDA) to demonstrate its CellCube(TM) vanadium redox flow energy storage system. The New York City Transit Office of Strategic Innovation and Technology and the Metropolitan Transportation Authority will host the demonstration at the MTA’s Energy Star Certified facility in downtown Manhattan. Also supporting this effort are ConEdison and the Advanced Research Technology Center at Stony Brook.
As quoted in the press release:
This demonstration is intended to augment existing successful facility energy management measures at the MTA’s 1.6 million square foot office building. The CellCube(TM) batteries will complement an automated demand response system developed for the building by Lawrence Berkley National Laboratory and previously funded by NYSERDA. The project will demonstrate how vanadium flow battery technology, capable of multi-hour and multi-megawatt energy storage, can enable NYC commercial buildings to be “smarter” about how and when they use energy, and provide resiliency in times of need.
American Vanadium CEO, Bill Radvak, said:
New York is clearly creating a leading energy storage marketplace and the knowledge gained from this demonstration will help realize gains in building and grid energy efficiency, save money for electric ratepayers and, importantly, add a new weapon to the arsenal of resiliency tools in the event of future grid outages. As we continue the development of the only vanadium mine in the United States to provide the critical source of vanadium electrolyte for these advanced battery systems, we are honored to be working on this groundbreaking energy storage installation with the MTA, one of the largest energy consumers in the United States.