AVL 5.88% 1.6¢ australian vanadium limited

I am not sure how they can report on anything after being on the...

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    I am not sure how they can report on anything after being on the job only six weeks, alecfra…

    … About anything exciting anyway

    Speaking of which I have nothing exciting upon which to report either…
    bar a reminder that when Dr Yifeng Li and Steve Banning’s appointments were announced in early June.CEO Graham Arvidson made the point that Ultimately, these two appointments are about growing our capability within VSUN Energy to deliver outsized value to existing and future customers within Australian energy markets.”

    ……. I trust   that ‘ultimately’ will  come along one day, along with all that outsized value ​


    But the University of New South Wales - from whence hails our new product development manager, Dr Yifeng Li (and some of the people he still collaborates with)
    …. Well it seems to have  nothing exciting upon which to report either.
    But it is  keeping the VFB pot bubbling with a new university page published last the other day …

    So to anyone out there  bored  with the wait on price-affecting vanadium news…
    why not  seek out the  weather truisms in the article below from Emeritus Professor  Maria Skyllas-Kazacos because sometimes a smile can make the sun shine at night.
    And that stirring with the price at present may signify that, whilst the winds of change don’t always blow either, well sometimes they do.

    Cheers



    https://www.unsw.edu.au/news/2024/07/storage-solutions-for-a-sustainable-future

    IMG_9213.jpeg
    Storage solutions for a sustainable future

    The vanadium battery breakthrough revolutionising renewable energy technology

    Published on the 18 July 2024


    After 40 years of research, vanadium battery technology developed at UNSW is being used to ensure better resilience and reliability of renewable energy sources.


    While wind and solar generate affordable electricity, these energy sources are intermittent and rely on large-scale storage to avoid outages.
    As the demand for renewable energy continues to rise, so too does the need for more efficient and sustainable energy storage.


    Since the invention of the very first all-vanadium redox flow cell by UNSW Professor Maria Skyllas-Kazacos and her team in 1984, the university has been at the forefront of Vanadium Redox Flow Battery (VRFB) technology.
    This work has been especially significant in the context of renewable energy and Australia’s uptake of net-zero policies.


    Prof. Skyllas-Kazacos explains the simple challenges presented by wind and solar:
    “The sun doesn’t shine at night and the wind doesn’t always blow.”





    Energy storage, however, allows users to still enjoy their renewable power systems as needed by ensuring battery systems remain charged even without sunlight or wind.


    “With coal fire or gas generators, you can control how much energy you produce, so if that demand goes up you can produce more, but we can’t do that with renewable energy,” says team member Professor Jie Bao.
    “The key technology that’s required here is energy storage,” he adds.
    “Vanadium flow batteries are ideal for renewable energy storage since their cost per kWh decreases with increasing storage capacity, making them the cheapest form of energy storage for long duration applications.”


    Another of the many advantages of the vanadium battery is that it can be used to help remote off-grid communities store more energy.
    What’s more, if the grid fails power can be taken from the VRFB and placed back into the grid to ensure less disruption and negative impact.
    “If the electricity transmission system went down, batteries would help keep that essential infrastructure running,” he adds.
 
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