"Premier Roger Cook said during the election campaign that the 50-megawatt, $150 million battery would use locally sourced and processed vanadium."
Both levels of government definitely want this to happen. With governments having to prop up coal-fired power stations at a loss, and renewables curtailing during the day, there is no doubt private industry wants long-duration energy storage too.
Who else is there in the >4hr market in Aus, other than pumped hydro? Answer is zero, zip, nada.
AVL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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