Ann: AVL Awarded $49 Million Federal Government Grant, page-548

Global Energy Storage Market is set to rise from U$1.2bn to $12bn+p.a over next 4 years

That's 12x...

Vanadium is or will be at the centre of that. No wonder it's a US critical metal.

This doesnt include EVs...which VRFBs can be adapted for as the technology advances. So the Non EV storage Market is growing at 12x over 4 years...that's exponential growth....not bad.....

Add back grabbing some Market share in the Car OR Truck EV Market .....which VRFB technology is advancing toward....with low heat, low weight and instant charge.

Some car manufacturer will likely make the jump to differentiate. Why ?? Lithium is now very expensive, its alos heavy, highyl heat retentive and slow charge....all solved or mitigated with VRFBs.....They are NextGen. Current battery tech is basically nearing 20 years old. It's not new nor efficient for Industrial energy or Grid storage

Here are the current Energy Storage market drivers from the 2022 Researchandmarkets.com report...

It's a loooong juicy list....basically reasons to hold AVL Enjoy.

1. Growth of Intermittent Renewable Energy Sources and the Resulting Need for Energy Storage:
2. A Key Opportunity for Battery Energy Storage Systems
3. Investment in Renewable Energy
4. Inevitable Rise in Energy Demand Post COVID-19 to Throw Spotlight on Renewable Energy & Energy Storage Technologies
4. Burgeoning Global Population Propels Demand for Electric Power
Growing Investments in Renewable Energy to Trigger Growth in Energy Storage Domain
6. Optimization of Plant Efficiency Using Smart Solutions for Energy Storage
6. Established Image of Lithium-ion Batteries to Drive Market Momentum
Li-ion Batteries Vs New Flow Batteries
7. Flow Batteries: One of the Key Battery Chemistries of BESS
8. Growing Opportunities for Flow Batteries in Clean Energy Space
9. New Solar Flow Battery with Increased Energy Conversion Efficiency
10. Pandemic Impact on the Vanadium Redox Battery Market
Vanadium Redox Flow Batteries Face Replacing Li-ion Batteries for Utility-Scale Storage
11 Utilities: The Major End-Use Market for Battery Energy Storage Systems
12 Need for Improved Energy Management amidst Increasing Demand for Electricity Benefits Market Expansion
13. Grid Modernization Programs Emphasize Grid Connected Energy Storage
14. Smart Grids Elevate the Prospects for BESS
15. Residential Applications to Witness Increased Penetration of BESS in the Long Run
16. Robust Outlook for EVs Opens New Avenues of Growth for EV Batteries & BESS Integrated EVCS Market
17. With COVID-19 Pandemic Affecting EV Sales, Prospects Hit for Battery Materials and BESS Market
18. Increasing Importance of Batteries in the Modern World Presents Opportunities for Cathode Materials
19. Recycling of Battery Systems
20. Other Challenges to current Grids

AVL may look cheap soon given it was 10c when the lithiums last rallied to current levels (April/May) and now its project and drivers all getting positive newsflow and advancing. Retest highs?? If it breaks 6c it could run hard like last time. Hit 5.8c this past week. I thought we would soar thru this week to 7c...who knows 2 days left in the week.

Alot happening in this energy storage space and first mention of VRFB in US grid or an EV or Truck and AVL should rally strongly. IMHO that's inevitable It's Battery metal and tech 2.0 so alot of exciting news to come.

DYOR. Get advice from an advisor and never listen to me on any post ever. Information purposes only. Always seek a second or third opinion. Read all company reports. Always bet responsibly.