US Department of Energy Cites Flow Batteries as the Best Choice for Large Scale, Economic Energy Storage [Financial Post (Toronto, Ontario, Canada)]
Ivanhoe Electric Inc. (IE)
Company Research
Source: Financial Post
TORONTO, Aug. 22, 2024 (GLOBE NEWSWIRE) — Sparton Resources (TSX-SRI-V), (“the Company”), is pleased to report today that the US Department of Energy (“DOE”) has, after an extensive study, selected flow batteries as the best option for long duration and low-cost energy storage. Sparton's interest in the flow battery industry is a 9.975% interest in VRB Energy Inc. held through Sparton's 90% interest in VanSpar Mining Inc. Full information regarding the history of the Company's VRB Energy investment is available in its various news releases and corporate filings available at www.sedar.com , and on the Sparton website at www.spartonresources.com DOE Report On August 16, 2024, The US Department of Energy's (DOE's) Office of Electricity, published a comprehensive report on different options for long-duration energy storage (LDES) costs, with flow batteries having been shown to the best rate between costs and performance. The 51-page document ( Achieving the Promise of Low-Cost
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IE
Sec Filings
- 9/23/24 - Form 8-K
- 8/13/24 - Form 8-K
- 8/7/24 - Form 8-K
- IE's page on the SEC website