QEM’s Julia Creek Vanadium Project, an answer to the Energy Storage Puzzle
As per the Australian Energy Market Operator (AEMO), renewable power could supply as much as 75% of the electricity in the National Energy Market (NEM) and laid out an action plan for the same.
Further, AEMO predicts that wind and solar power could rise to 27 gigawatts in 2025 from 17 Gigawatts currently. The rising adoption of renewable energy provides a mega opportunity for Vanadium Redox Batteries on the domestic turf of Australia and abroad.
QEM Limited (ASX:QEM), the Queensland based Vanadium explorer is advancing on the World’s only Vanadium and Oil shale combination project at the flagship Julia Creek Project. QEM is committed to pursuing innovative and environment-friendly power storage opportunities within Australia and globally.
Content in the public domain and is for general information purposes only, with no representation, guarantees of completeness, warranty of any kind, express or implied regarding the accuracy, adequacy, validity, availability, completeness, usefulness or timeliness of any information contained within. Please also excuse any syntax as authors and reposted articles are sourced from global origins. UNDER NO CIRCUMSTANCE SHALL WE HAVE LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THIS REPOSTED ARTICLE. THE USE OF THIS ARTICLE AND YOUR RELIANCE ON ANY INFORMATION CONTAINED HEREIN IS SOLELY AT YOUR OWN RISK. VANADIUMCORP ALSO ASSUMES NO RESPONSIBILITY OR LIABILITY FOR ANY ERRORS OR OMISSIONS IN THE CONTENT OF THIS ARTICLE.
Continue reading the full story here >>