Proactive Investors - Run By Investors For Investors

Australian Vanadium throws hat in the ring for large demonstration project

The aim of the project is to improve power reliability and reduce electricity network costs.
registration printed on rubber stamp in authority
Western Power is a government-owned supplier of electricity in Western Australia

Australian Vanadium Ltd (ASX:AVL) through its subsidiary VSUN Energy has registered its interest for Western Power’s standalone power systems (SPS) project.

Western Power has been authorised by the Western Australian government to conduct a large demonstration of SPS.

SPS are hybrid systems which are not physically connected to the existing network.

The systems use a combination of renewable energy, batteries and back-up diesel generators, enabling generation, storage and reliable delivery of power.

An opportunity to showcase vanadium redox flow batteries

Vanadium redox flow batteries (VRFB) have particular strengths which are useful in SPS.

The ability to store large amounts of energy means that there is a reduced reliance on diesel, if sized correctly diesel can be removed altogether.

READ: Australian Vanadium adds another expert to lead vanadium pre-feasibility study

AVL’s managing director Vincent Algar said: “We have been in talks with Western Power since before we installed the battery in Busselton, members of the Western Power staff have visited the battery and been provided with analytical data to further their understanding.

“As a distributor rather than generator, it’s hard for Western Power to install renewable energy systems without regulatory change.

"It’s great to see WA Energy Minster, Hon. Ben Wyatt MLA supporting the renewable energy industry and allowing this type of project to proceed. It will provide valuable lessons to Western Power and the wider energy industry.

“Vanadium batteries aren’t a panacea, but they have their place in the energy market.

“With recently announced projects at Monash University and the University of Adelaide, we are starting to see this Australian invented technology being embraced in its home country.”

The project will involve up to 60 locations

The project will involve up to 60 locations in regional areas and builds on the successful trial of the technology on six properties in 2017.

With all of the identified customers engaged, Western Power is now running a tender procurement process for the demonstration project.

This provides opportunities for Western Australian companies like AVL to supply and install equipment and systems, with national and global interest expected.

View full AVL profile View Profile

Australian Vanadium Ltd Timeline

Related Articles

Hayes Creek and Burnside projects in the NT
February 06 2019
The Northern Territory is PNX’s focus as exploration efforts move indoors during the wet season.
1528701921_Minto-mine.jpg
June 11 2018
Pembridge has secured US$30mln from a major Japanese trading house
Tomingley gold mine
February 26 2019
Potential offtake partners may have electric-vehicle market demand in mind.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use