Looks like we are going to make heaps out of selling vanadium flow batteries . . .
I just got my new electricity pricing today. My retailer is now only giving me only 5c/kwh for my exported solar power. I have looked at the gov's energy comparison website and its about the same now with all electricity retailers.
So, instead of buying power from the power stations for 10-15c/kwh, the retailers are now buying it from us for 5c/kwh and selling it back to us and industry for 500-2000% profit. Phew! What retailer makes that sort of profit from the goods they sell?
And their business plan is not just about reselling solar power in the daytime. They will use high capacity vanadium flow batteries to deliver base load power for big profits - especially after they shut down the coal fired power stations. This new solar tariff means they can recharge their flow batteries for just 5c/kwh and sell it back to the grid in times of high demand for up to 5000% profit. So the flow battery will pay for itself in no time and deliver big profits too. - For energy retailers they are a must have item!
So its not hard to see why they wanted us all to get solar panels and why the energy suppliers want all the coal fired power stations shut down? => They want our solar power for next to nothing and have big plans for storing it and reselling it for big profits.
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