Vanadium enables the holy grail of renewable energy

[Sparty]

Vanadium has recently described as being central to the "Holy Grail of Renewable Energy" - Grid Scale Power Storage
That the ability to provide grid scale energy storage will revolutionise green energy is obvious as it will allow the energy derived from sun and wind to be stored and used on demand over extended periods and it is here that vanadium's remarkable properties will be put to use. According to Marc Davis, www.BNWnews.ca: "Governments the world over are directing billions of dollars of grants into vanadium's fast-emerging role in the electrification of society's energy supplies. And major corporations are likewise investing in this ?next big thing? in the hopes of addressing global warming and society?s dependence on dwindling fossil fuel reserves.
By way of explanation, a new generation of advanced green batteries is set to do everything from beefing up electric cars to providing uninterrupted solar and wind power to whole cities. That's because of a crucial new battery ingredient, vanadium, which can cost-effectively supercharge batteries of any size, even ones so big they have to be housed in substations for large-scale power grid usage.

Most significantly, vanadium-enhanced batteries can store prolific amounts of energy, which solves the major drawback of alternative energy. For instance, solar power currently cannot be harnessed for use when the sun doesn't shine, and at night-time. Likewise, the electricity generated by wind turbines presently goes to waste when the wind stops blowing or when the wind speed is too high or too low.

The only limitation to this breakthrough battery technology is the scarcity of the planet's economically viable vanadium deposits. So the world's few primary vanadium producers will be pressed to their very limits in trying to satisfy a looming year-on-year exponential surge in demand for this increasingly invaluable 21st century metal." Read full article

Yet again it seems that Australia has a very large part to play in this cutting edge energy technology as Australia has 12 companies with more than a million tons of vanadium as JORC resources.




Of particular interest is the microcap ASX listed Intermin Resources ASX: IRC who have one of the world's largest Vanadium resources at Julia Creek, North Queensland. The resource is a vanadium-Molybdenum deposit that has some very attractive features.... read about IRC

Australia has 17 companies with vanadium JORC resources plus several other companies with with some interest in vanadium