AVL 6.25% 1.7¢ australian vanadium limited

Some basic facts, page-5

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    The big influx of battery storage on the California grid in the past two years is starting to have a lasting impact on one of the world’s biggest state grids, reshaping the demand curve, sucking in the tummy of the huge solar duck, and reducing the impact and dominance of fossil gas.
    What has been happening over the past few months in California – with battery storage pushing out gas as the major provider of power into the evening peaks, and soaking up rooftop solar in the middle of the day – is seen as a postcard for the future for many grids around the world..
    It is of particular interest to Australia, which has also been investing heavily in battery storage – and leading the world in terms of battery size and applications – and which is also rich in solar resources and solar installations
 
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