A novel sulfonated poly(ether ether ketone) (SPEEK) membrane embedded with the short-carboxylic multi-walled carbon nanotube (we name it as SPEEK/SCCT membrane) for vanadium redox flow battery (VRB) has been prepared with low capacity loss, low cost and high energy efficiency. The mechanical strength, vanadium ions permeability and performance of the membrane in the VRB single cell were characterized. Results showed that the SPEEK/SCCT membrane possessed low permeability of vanadium ions, accompanied by higher mechanical strength than the Nafion 212 membrane. The VRB single cell with SPEEK/SCCT membrane showed 7% higher coulombic efficiency (CE), 6% higher energy efficiency (EE) but lower capacity loss in comparison with the one with Nafion 212. The good cell performance, low capacity loss and high vanadium ions barrier properties of the blend membrane is of significant interest for VRB applications.