Lockheed Martin is commercializing a new energy storage system technology – GridStar® Flow. GridStar Flow is an innovative redox flow battery designed for long-duration, large-capacity energy storage applications. GridStar Flow’s properties enable the system to deliver durability, flexibility and safety, with a competitive total cost of ownership. By placing a priority on long-duration technologies, such as GridStar Flow, the Australian Federal Government will fill an important gap left by existing storage technologies and address the challenges of integrating large amounts of renewables across geographically diverse regions in Australia.
TMT Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
