There’s a lot of talk about firming up Australia’s plentiful and cheap renewable energy with storage. But are we putting our time and money in the right place?
Australia’s population mass lives at a latitude of regular weather fronts, where there’s a pattern of a few days of sunshine, then wind, sunshine then clouds, translating into days of good renewable output, and inevitably some with a lot less.
As the proportion of renewable energy in the grid increases, these gaps in energy generation are going to be increasingly problematic, with massive amounts of storage needed to fill them.
Ferro-Alloy Resources Limited (LON:FAR) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan. The ore at this deposit is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process.