40 MW for continuous operation; treble for solar: 120 MW required at AUD 1.00 = AUD 120M.
Add VRFB at 16hrs x 40MW = 640 MWh
https://www.thebushveldperspective.com/blog/public-articles-1/post/vrfbs-the-numbers-218 :
"We are told that the Vanadium or the electrolyte comprises some 30% of the cost of a VRFB battery, if 30% = 76 USD then the overall cost would be 253 USD per kW.h"
VRFB cost = (640 MWh) x (USD 0.253/Wh) x 1.438 AUD / 1 USD = AUD 232.84
Very naïve cost: AUD 120 + 233 = AUD 353M.
Feel free to tear into my calculations.
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