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Australia's first commercial vanadium battery installed
The ABC's article discusses Australia's first commercial vanadium-flow battery, which has been completed in South Australia's mid north.
The battery is expected to be running and exporting power by August. Vanadium batteries typically last longer than lithium-ion batteries and are non-flammable, making them a good option for grid energy storage. The battery in South Australia is expected to store around 10 gigawatts of power each year, which is enough to power about 100,000 homes. This is a significant step forward for the use of vanadium batteries in Australia, and could help to make the country's energy grid more reliable and sustainable. Here are some additional details from the article: The battery is being built by Australian company Redflow, and is located at the Whyalla Energy Storage Facility. The battery is made up of 200 vanadium flow cells, each of which can store 200 kilowatt-hours of electricity. The battery is expected to cost around $10 million to build. The battery is being funded by a combination of government and private investment. Read full article: https://www.abc.net.au/news/2023-06-...alia/102515616
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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