AVL's place in the sun (hehe) has arrived. Vince just re-tweeted this from the PM;
QUOTE:
Energy storage, long neglected in Australia, will also be a priority this year.
Last week at my request, ARENA and the Clean Energy Finance Corporation, agreed to work together on a new funding round for large-scale storage and other flexible capacity projects including pumped hydro.
I've also written to Alan Finkel, asking him to advise on the role of storage and pumped hydro in stabilising the grid.
Large-scale storage will support variable renewables like wind and solar. It will get more value out of existing baseload generation and it will enhance grid stability. We're going to get on with it.
It's happening...
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