FUTURES EXPO SERIES
Vecor technologies
> Energy : high-performance batteries made from low-cost and readily available raw materials .
> Environment : aqueous-based and low-power-demand processing using non-toxic materials .
> Industry : contribution to Australian Public Service ( APS ) Net Zero 2030 target .
High-performance sodium-ion rechargeable batteries
Research project
Since its inception in 2008 , Vecor Technologies Pty Ltd ( Vecor ) has established itself as a leader in environmental remediation , green recycling , and the renewable energy sector . It operates out of UNSW Sydney and extends its reach with locations in the USA and Philippines . At its core , Vecor is committed to transforming waste , especially from the power generation sector , into valuable products for industries such as mining , metallurgy , transport , and structural ceramics . Its innovative research has led to the development of the Vecor Ceramic Pigment ( VCP ), marking Vecor ' s entry into the paint and polymer markets .
In response to the growing demand for renewable energy solutions and the need to address the limitations of intermittent energy sources , Vecor has ventured into the energy storage and conversion arena . The company is at the forefront of creating technologies in catalysis , batteries , and hydrogen production from seawater . This diversification aligns with the projected surge in the global battery market , which is expected to grow from $ 102 billion in 2021 to $ 284 billion by 2030 , at a compound annual growth rate of 12 %.
Vecor is now tackling the challenges associated with lithium-ion batteries - such as high cost , security of raw material supply , safety , and environmental concerns - by developing rechargeable sodium-ion batteries . The project leverages novel electrochemical techniques to create sodium-rich transition metal oxide cathodes through electrodeposition at room temperature in water . This method eliminates the need for traditional binding and conductive agents , enhancing the mass reduction and efficiency of active materials used for energy storage . Vecor ' s approach not only reduces costs but also prioritises safety , scalability , and environmental friendliness by allowing precise control over the cathode ' s composition . It presents a promising solution to the renewable energy sector ' s storage challenges .
16 •