Posh Electric is trialling the use of sodium-ion batteries in EES. Sodium is more naturally abundant than lithium, making it a potentially cheaper alternative to conventional lithium-ion batteries in future, according to EMA.
The Energy Market Authority (EMA) has awarded a total of $7.8 million in grants to two companies — Posh Electric and VFlowTech — to explore cost-effective solutions for energy storage systems (EES).
EES refers to a device or group of devices that are capable of storing energy in order to supply electrical energy at a later time. In an Oct 23 announcement, EMA says EES plays an important role in supporting the adoption of more solar energy as it mitigates the intermittency of renewable energy sources by storing and discharging energy when required, and can also play a role in mitigating power supply disruptions.
