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Martin has a significant presence in Australia and has developed strong relationships with Australia’s manufacturing sector through our extensive industry partnerships. Our substantial experience and relationships can be leveraged for planning local requirements over the medium- and long-term. Regarding scale, GridStar Flow is specifically designed for large-scale projects, with a flexible configuration enabling hundreds of MW of power, and thousands of MWh of energy, as the technology is commercially deployed. E. CONCLUSION: AUSTRALIA IS POSITIONED TO LEAD ENERGY INNOVATION As a world leader in low emissions and technological innovation, Australia is well positioned to further lead decarbonization and clean energy efforts. To support continued growth, Australia’s technology investments should be responsive to emerging trends, along with the drivers influencing technology innovation. Priority should be given to technology which can scale inline with Australia’s evolving requirements during the medium- to long-term, while building on Australia’s role as a technology influencer. Government investments, along with policy to drive investments in innovative storage technologies such as GridStar Flow, will help realize the full potential and benefits of Australia’s abundant renewable energy resources whilst reducing emissions and improving energy security, reliability and affordability. ABOUT LOCKHEED MARTIN AUSTRALIA Lockheed Martin Australia is an Australian company that is engaged in research, design, development, integration and sustainment of advanced technology systems, products and services. We are an industry leader in technology and defence, working with Australian partners to bring best practices and leading-edge concepts and technology to Australia. Our innovative technologies have been contributing to the security of Australia and realisation of Australia’s national interests for over 70 years and today we employ over 1,000 people with a presence in every mainland state and territory. Lockheed Martin Australia invests in partnerships with Australia’s research and industry communities to support our global supply chains, providing opportunities for technology transfer, innovation, local skilled jobs and sustainable business growth. As an industry leader, Lockheed Martin Australia provides products and services that address some of the world’s most critical issues. But our contribution doesn’t end with a commitment to support Australia’s national security, technology and economic growth. As a responsible corporate citizen, we also play an active role in helping to strengthen the quality of life in our country and the communities where we live and work. Through our Australian community partnerships we proudly support science, technology, engineering, and mathematics (STEM) education. In regard to Energy solutions, globally Lockheed Martin has developed and implemented energy solutions since 1933. Recently, we’ve focused on innovating energy storage to address the new, disruptive challenges faced by the grid. For more details refer to: www.lockheedmartin.com/gridstarflow www.lockheedmartin.com/en-au/index.htmlPDF Image | Long-Duration Energy Storage and Redox Flow Batteries
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