Today’s dedication of a new ‘flying intensive care unit’ by the Royal Flying Doctor Service (RFDS) marks the start of a five-year wave of investment by the RFDS in the communities of South and Central Australia.
The $7 million aircraft, Foxtrot–X-ray–Juliet (VH-FXJ), is the first of five new medically-equipped Pilatus PC-12 aircraft to replace five ageing aircraft. In addition, the RFDS will take delivery of SA’s first permanently configured aeromedical jet in three years’ time.
VH-FXJ features state-of-the art avionics and emergency services communications technology, and will replace an aeromedical aircraft which has served the SA community for the past 13 years and transferred more than 10,000 patients.
“Like its predecessor – and the other aeromedical aircraft in our fleet – VH-FXJ will assist two South Australians every day for the next decade, and I can’t think of a better return on investment,” David Hills Chairman of RFDS Central Operations, said at the official dedication ceremony of the VH-FXJ.
Australian company Redflow is charged up to meet growing demand for robust long-life batteries that enable both homes and businesses to store electricity generated by their solar panels.
A recent report by the Climate Council states that Australia is predicted to become one of the world’s largest markets for battery storage due to its high cost of electricity, the large number of households with solar panels and Australia’s excellent solar resources. The research by Morgan Stanley says that half of surveyed households were interested in solar systems with battery storage on the basis of $10,000 battery systems with a payback of 10 years, creating a market potentially worth $24 billion.
This means Australia is becoming a battery battleground with global giants such as Tesla and Enphase targeting it as an early market for their respective batteries.
Redflow, an Australian Stock Exchange-listed company (ASX:RFX) which has commercialised its innovative flow battery for use by enterprise, business and residential customers, welcomed this global focus on Australia as the sign of a market that is taking off.
Redflow Chairman Simon Hackett said Tesla’s entry into the market in mid 2015 had made the energy storage market “sexy”. “I believe that, in future years, 2015 will be seen as the year that the renewable-energy storage sector hit its inflection point,” he said.
Australian energy storage specialist Redflow has advised the country’s beleaguered mining companies to deploy renewable energy with on-site power storage to cut energy costs at remote mine sites.
As iron ore and coal prices have halved while metals such as copper and aluminium fell to near six-year lows, miners are increasingly looking for ways to maintain their profitability or even viability.
Redflow is an Australian Stock Exchange-listed company (ASX:RFX) that has developed and commercialised innovative Zinc-Bromide Modules (ZBMs) flow batteries that can be used everywhere from individual homes to grid-scale storage applications.
Redflow CEO Stuart Smith said that embracing renewable energy coupled with energy storage could assist miners to drive down the cost of their energy expenditure. “Despite mining’s current decline, Australia will remain a major supplier of coal, iron ore and metals well into the future,” he said.
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