AVL 6.67% 1.6¢ australian vanadium limited

Big Batteries, page-5

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    News today in The Australian that Energy Australia with the head of the ‘portfolio development’ division, Dan Nugent has broader horizons in mind than just lithium batteries:
    There’s no mention of vanadium flow batteries but maybe he’s holding his cards close to his chest?


    … “More than $100m is expected to be spent on the first stage of the project, which has been earmarked for a site adjacent to the company’s Hallett power station in Canowie, 210km north of Adelaide.
    It would support an initial storage capacity of 50MW and discharge capacity of up to 200MWh - the equivalent of powering up to 81,000 homes for four hours.
    There are plans to expand the battery’s capacity to 200MW/800MWh over time as the company looks to retire its gas-fired power station at the site.”


    https://www.theaustralian.com.au/bu...a/news-story/3c24c1298df4c0240fa1af363fd52a6f

    cheers and, FWIW, here’s a spoiler with a bit more from that report from and Nugent ;
    Last edited by sabine: 22/01/24
 
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