Power shortages and a transition to a lower-carbon future, in line with SA’s Paris Agreement commitments, will require the country to harness new technologies. Energy storage, which will be a critical element of a modern power system, offers potential for local industrialisation and job creation.
South Africans, rattled by Eskom’s latest round of load shedding, may have to experience more inconvenience in the longer term as the country makes the transition to greener power. New technologies could ease this transition.
Some of the battery technologies currently being tested in SA include platinum fuel-cell batteries, which use platinum as a catalyst, and vanadium redox flow batteries (VRFBs) using vanadium in an electrolyte solution.
Bushveld Minerals Limited (LON:BMN), together with its subsidiaries, engages in the exploration and development of mineral projects in South Africa. It operates through three segments: Vanadium and Iron Ore, Coal Exploration, and Vanadium Mining and Production.