Redt Energy Share Discussion Threads

[chicken01] 02/11/2018 12:49

Sell price I'm getting 6.96 now...

[ts0mev] 02/11/2018 12:03

thanks. Working now. Should be another 40000 on that?

[aja2] 02/11/2018 11:29

270040 shares traded, all at 7p.

[ts0mev] 02/11/2018 11:26

currently I am not seeing any volume today. Is that correct?

[chicken01] 02/11/2018 10:52

Current sell price I was offered...6.86p.

[chicken01] 02/11/2018 10:13

I would offer that we are in for more news shortly, so people climbing in ready for the upswing...one hopes!.

[ts0mev] 01/11/2018 23:38

my feeling is MMs took it to where it is, keeping the price low but either they ran out of steam or simply started executing buys to generate interest? Either way, PI's buying back in and I'd say a slow rise to the end of 2018, but with the potential to go much higher from there onwards. The worst thing IMO is some good news RNS causing a sudden spike. MMs would love that and they'd walk it back down again... or it could be a leak, and as much as I'd like to think otherwise, they have a habit of catching me out.

[tradermel] 01/11/2018 21:15

Anyway, about the share price the last 2 days, what is the feeling?

1/ Someone knows news is on the way (leak)?
2/ PI's deciding its too low and buying back in before the expected news releases?

Nice to have a 2 day rise all the same

[ts0mev] 01/11/2018 13:35

Perhaps there is a Hitachi or Tesla BB here? Gerd212, my point is there are projects announced on a daily basis regarding energy storage and renewables - I could post at least 6 per day every day. I'm only interested in hearing about RED, so I will ignore posts about projects that did not involve RED.

[owenski] 01/11/2018 13:33

Clock's ticking.

[ts0mev] 01/11/2018 13:31

gerd212, why not report the Secondary Control Reserve market in other countries?
I'm going by "redT signs exclusive deal to deliver more than 700MWh of projects supporting German grid" How many projects has Hitachi signed up for? When does the trial end?

[gerd212] 01/11/2018 13:05

If anyone thinks news relating to the Secondary Control Reserve market in Germany is off topic, so be it, feel free to ignore.

re. missed boats and exclusivity I'll make no comment.

[alchemy] 01/11/2018 12:39

Ok we'll leave to one side.Trust pipeline is now massively pregnant.

[ts0mev] 01/11/2018 12:10

gerd212 unfortunately posts in a similar fashion to dlg. Lots of market news but not necessarily related to RED.
2496 is a demonstration project and they've missed the boat as RED has exclusivity.

[alchemy] 01/11/2018 12:01

Linking the two?

[jamieboy12] 01/11/2018 11:53

Gerd- what’s your point?

[dlg3] 01/11/2018 11:53

Statoil now has awarded a contract to Younicos to deliver a 1MW battery system that will be connected to Hywind Scotland.

The two 10-foot modular battery containers will be placed at the Hywind Scotland onshore substation in Peterhead, Scotland.

Whereas a standard battery will charge and re-charge, the purpose of the Batwind storage solution project is to understand how a battery can help increase the value of the produced electricity and how a battery best can work together with the wind farm and the grid.

[ts0mev] 01/11/2018 11:53

2496
how is this relevant to RED?

[gerd212] 01/11/2018 11:27

There was some German, Secondary Control Reserve News today.




Having completed a large-scale hybrid power storage system in Varel, Germany, Hitachi Chemical Co., Ltd., Hitachi Power Solutions Co., Ltd. and NGK Insulators, Ltd. are starting to operate the system beginning Nov. 1.

The system consists of two types of storage batteries: lithium-ion and NaS batteries (total capacity of 11.5MW/22.5MWh). Utilizing lithium-ion batteries with a high-power charge and discharge output, and the long duration capacity of NaS batteries, the system maintains the electric power supply and demand balance and aims to establish a business model for power trading through the system in the region where wind power adoption is accelerating.
Overview

Germany aims to shift more than 80% of its domestic electric power demand to renewable energy by 2050 under its “Energiewende” energy transition policy by actively introducing renewable energy resources such as wind and solar power. Because of the recent expansion of renewable energy use in Germany, conventional power plants for maintaining electric power supply stability are falling into disuse. Consequently, there is a rapidly growing need for technology to replace the role of such power plants.

To address the arising challenge, NEDO and the Ministry for Economics, Labor and Transport in the state are working together with EWE-Verband, an association managing the electric power supply to 17 districts and four cities in Niedersachsen, and EEW Holding. The four parties signed a memorandum of understanding (MOU) for the project on March 19, 2017. At the same time, Hitachi Chemical Co., Ltd.; Hitachi Power Solutions Co., Ltd.; and NGK Insulators, Ltd., Japanese companies commissioned by NEDO, and EWE AG, Niedersachsen’s energy provider cooperating with the German parties, teamed up and concluded an implementation document (ID) to officially launch the project. The project started in April 2017. Following the City of Varel granting permission to establish a large-scale hybrid power storage system, the facility foundation construction and machine assembly were completed, and thereafter, a commissioning has been finished and hence operation will commence from November 1, 2018.

A ceremony will be held to mark the operation of the large-scale hybrid power storage system at 10:00 a.m. (Central European Time) on Nov. 1, 2018. Takeshi Yagi Ambassador Extraordinary and Plenipotentiary of Japan to the Federal Republic of Germany, Enak Ferlemann Parliamentary State Secretary to the Federal Minister for Transport and Digital Infrastructure and many distinguished attendees will take part in the ceremony. The demonstration project will be carried out over a three-year period up to February 2020.
Description of the Demonstration Project

The project aims to demonstrate the effectiveness of the large-scale hybrid power storage system designed by taking advantage of the features of lithium-ion batteries (capacity: 7.5MW/2.5MWh) with a high-power charge/discharge output and durable, large capacity NAS batteries (capacity of 4MW/20MWh), in combination with Hitachi Power Solutions’ power grid information and battery control system(1) that controls both batteries and enables the following functions by communicating information for the electricity trading.

Through this system, the four functions of primary control reserve (2) supply, secondary control reserve (3) supply, balancing (4) within a balancing group (5), and reactive power supply (6) that stabilize local grid voltage will be realized to replace the functions of conventional power plants. Electricity trading will be executed in line with the EWE Group’s electricity trading system. Creating a virtual power plant (VPP) (7) in collaboration with Germany’s “enera” project (8), various types of energy sources in the country will also be combined and managed for the electricity trading.

The aims of this project are to contribute to maintaining an economical supply and demand balance and to ensure a non-variable supply from renewable energy sources.

(1) Power grid information and battery control system – A system to analyze information about the supply and demand balance in the power grid and control the charge/discharge of the battery storage energy.
(2) Primary control reserve – The primary control reserve is automatically activated within 30 seconds according to power supply and demand fluctuations and secures power in a systematic manner to balance the supply and demand.
(3) Secondary control reserve – The secondary control reserve is activated within 5 minutes after receiving instructions from power distributors according to power supply and demand fluctuations and secures power in a systematic manner to balance the supply and demand.
(4) Balancing – Balancing is performed to correct imbalances within balancing groups by reducing deviations between planned power supply/demand and the actual power supply/demand balance
(5) Balancing Group – Groups in Germany comprised of power generators and consumers that undertake power supply and demand balancing. The in-charge of each group balances the power supply and demand to ensure their match. Such groups are known as balancing groups.
(6) Reactive power supply – Among the major grid frequency and voltage stabilization services, the reactive power supply functions to stabilize local voltage.
(7) Virtual power plant (VPP) – A cloud-based single power plant (virtual power generator) that remotely controls and integrates several types of distributed energy sources
(8) enera project – A large-scale project led by EWE AG to introduce renewable energy in Niedersachsen under Germany’s energy policy (project assisted by the Federal Ministry for Economic Affairs and Energy).

[dlg3] 01/11/2018 11:19

South Africa’s state-run utility Eskom has revealed it is planning its first major battery storage project as President Cyril Ramaphosa looks to incorporate more renewable sources into the national energy supply and reduce the nation’s reliance on coal.

[dlg3] 01/11/2018 11:15

this could and should be at least double the price today, why is it not?? failure of the managment!!!

[gerd212] 01/11/2018 11:07

"20 March 2018

redT energy plc (AIM:RED), the energy storage solutions company, is pleased to announce that it has been selected by a consortium of European companies to be the primary energy storage technology provider for a large scale tidal generation project in the UK.



The project, for which a 0.6MW, 3MWh redT flow machine system has been selected, remains subject to finance and formal contract awards. The EU project will demonstrate the technical and financial feasibility of using tidal energy plus energy storage to provide reliable, renewable baseload energy. redT will contribute research, analysis and optimisation of tidal and flow machine technology to provide base load power. .....This project is planned to be fulfilled by redT's 3rd Generation product, to be delivered in 2018. Large projects such as this demonstrate how flow machine technology can scale to address base load energy requirements. It is also consistent with redT's corporate strategy of expanding into large projects during 2019."