Energy Storage News•about 2 months ago
Western Australia seeks local vanadium for 500MWh Kalgoorlie battery storage project
Key Takeaway
This large-scale, government-backed vanadium flow battery project highlights the increasing demand for long-duration storage and the potential for localized supply chains, creating significant opportunities for developers and OEMs.
AI Summary
- •Western Australian government has launched an Expression of Interest (EOI) for a 50MW/500MWh vanadium flow battery energy storage system (VBESS) in Kalgoorlie.
- •The project emphasizes seeking local vanadium resources, indicating potential for domestic supply chain development and reduced commodity price volatility for developers.
- •This initiative represents a significant government-backed investment in long-duration energy storage, signaling a growing market for such solutions to enhance grid stability and renewable integration.
- •Developers and OEMs should note the opportunity in large-scale, government-supported battery projects, particularly those with a focus on local resource utilization.
Topics
financingoempolicyppastorage