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22:19
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Originally posted by Precipitate
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Grid operators aren't opposed to renewables or battery storage. They are not big bad meanies who want everything to stay the same. There are regulatory and pricing hurdles in Australia that need to be overcome to facilitate a smooth transition to high penetration of grid-connected renewables. You are correct in saying that 100% renewables is technically possible, but again transitioning to that reality requires careful system design and targeted investment in current networks (protection systems, automation, voltage control, and even capacity in some cases). The current system is already starting to really struggle in areas with 20-30% residential solar penetration. At the moment Australian regulators have their heads conveniently in the sand and are expecting everyone else to do their job for them. Unencumbered by draconian idiocy, China, Europe, and the USA will no doubt show us the way in this space...we just have to hope our economic and technical systems don't break before the penny (or POWR token) drops. The main thing for us investors is that there is NOTHING stopping Australia from exporting our Vanadium to smarter countries and getting rich from it!
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Technically looking good. Fundamentally excellent! In fact Vesey and Turnbull may be talking right now!! There is a serious shift occurring in Australian energy storage, Vanadium is a requirement. This is serious business folks. Undervalued in my personal opinion.
