Redt Energy Share Discussion Threads

[tradermel] 10/11/2018 20:16

2555: Also please refer back to my post 2515 for an alternative reason why the price mey not hold out

[crystball] 10/11/2018 20:12

Thank you tradermel, I'll have a listen.

[tradermel] 10/11/2018 20:10

2555, by renting the Vanadium and making a little on the side at the same time.

Rather than listen to me have a listen to an interview done recently on this subject from Bushveld: 7 minutes in is where the subject is covered.

[crystball] 10/11/2018 19:47

Can anyone explain the significance or not of the rapid rise in the price of vanadium and vanadium pentoxide on RedT's plans and uptake of projects? Back at the start of 2017 the price was much lower. Was any future significant rise in the price forecast by RedT? Just how much vanadium pentoxide is used in a RedT flow machine and what is the upfront cost? I would be happier to see some signal that vanadium prices are likely to decrease in the medium term. I hope this does not affect RedT's plans.

[tradermel] 10/11/2018 18:57

Red not mentioned, but underlines my comment above:



"Simon Moores, of consultancy Benchmark Mineral Intelligence, said: 'If a vanadium battery producer steps forward with bold plans to produce vanadium flow at mass scale, giving the industry its Elon Musk or lithium ion moment, the potential for the technology to be the second most deployed ESS battery in the world is there."

[tradermel] 10/11/2018 18:48

2551: At the moment who can actally manufacture a Vanadium Battery in large quantities? When we acheive that ability (via Jabil) then RedT can seriously compete. At the moment all RedT can promise is orders fulfilled in the future (12 months?) All we need is all the manufacturing pieces to drop into place and away we go.

[quanglewangle] 10/11/2018 12:37

2551 I see it as like the sail to steam transition in 19th and early 20th C . There were lots of developments to sailing ships, such as steel rigging, and many fine sailing ships built long after it was perfectly clear that steam would end up dominating. In a word: inertia.

[gerd212] 09/11/2018 14:49

Re 2547, Perhaps that chunky percentage of Lithium in the Gen3 for grid has worked in REDTs favour in an earlier take up by Gore Street?

[tonsil] 09/11/2018 13:14

Not sure if this is the same as mikemine but it looks like we are in the right place at the right time

source is windpower monthly

Applications for energy storage projects have reached a cumulative capacity of 6,874MW in seven years, RenewableUK figures show, indicating a growing appetite for the techology.

The average capacity of applications for new battery storage projects has also nearly tripled in the last three years: from 10MW in 2016 to 27MW in 2018.

There is currently 3.3GW of storage capacity, including hydro projects, operational in the UK, according to RenewableUK, with a further 5.4GW has planning consent, including 4.8GW of battery storage.

RenewableUK's analysis follows a report by the Renewable Energy Association in late 2017, which concluded approximately 12GW of battery storage could be deployed in the UK by the end of 2021, a quarter of which could be co-located at wind farms.

hxxps://www.windpowermonthly.com/article/1498021/massive-energy-storage-growth-expected-uk

[bluechimp1] 09/11/2018 13:04

The shovel ready are Tilbury and Lower Road, neither of which is Red unfortunately. In some respects this doesn't tell us more than we already know, other than Gore seem also to be confident of the financing not being a problem.

[greenmachine2] 09/11/2018 13:00

Re 2544 and 2543 bluechimp1 and gerd212: Gore Street energy storage (gsf)ticker and their rns with 11MW flow batteries pipeline in Germany. It is interesting to note that in GSF IPO earlier in year 2018, that they did not consider in the ipo prospectus that flow batteries were quite there economically, now a few months later it is in their pipeline of projects. Promising for Redt. I note that the launch of Gresham energy storage fund raising £100 million of their planned £200 million with plans for additional placing for acquisitions can only help provide a positive environent for Redt flow machines and funding of their German and UK projects. Gresham energy storage fund will start trading on lse on November 13th 2018. I will watch redt developments in the coming months.

[mikemine] 09/11/2018 12:47

Here's their report.



Gives background to the energy storage predictions for the UK.

[mikemine] 09/11/2018 12:35

Well done bluechimp1. From the link

" Two shovel-ready projects with 19 MW of installed capacity. These are expected to be operational in Q2 2019. Engineering, Procurement & Construction (EPC) contracts have been agreed on both assets"



"Project 3
Germany
FTM - Flow technology
11.0"

Looks like RED's project in Germany is part of the shovel ready 19 MW so we should begin to hear more about this around the end of the year as Scott said. Could be sooner as they are expected to be operational in Q2 2019. Note "operational".

It also looks like the financing is more or less a done deal. We'll have to wait on that one but the ducks are lining up IMHO.

[bluechimp1] 09/11/2018 11:48

Sounds very promising.

[gerd212] 09/11/2018 11:22

The initial project is stated as 11Mw, so it could be. (slide 18)

[bluechimp1] 09/11/2018 10:59

Interesting update from Gore Street Energy Fund today. Advanced negotiations on flow technology in Germany - project size tho only 11mw Is this possibly part of the German "mega deal" or a new deal involving Red?

[alchemy] 09/11/2018 10:42

Renewable capacity overtakes fossil fuel capacity .....Time we joined the party big time .

[ts0mev] 09/11/2018 10:19

Just because we flat-lined at 7p doesn't mean RED is dead. No, we'd have investors jumping ship and a continually falling price. This is a ship that is getting ready to sail and all tickets have been sold.

[alchemy] 09/11/2018 09:28

This Nuclear "issue" should help us.

[ch1ck] 08/11/2018 15:08

Larger trades now coming through we should see a move above 7p this week.

[mikemine] 07/11/2018 16:56

Pinecone on SAE said that the CEO of the then Atlantis said he would call Scott if ever they got to the stage of storing energy but its a different and much larger company now so who knows? Simec is a huge company with global reach. Sounds familiar? It has many interests, one of which is renewable energy.



"The new company SIMEC Atlantis Energy plc has a strong pipeline of flagship green energy projects. This includes the development of the trailblazing Meygen tidal stream project in Scotland and the Wyre Estuary tidal barrage project in Lancashire. The new entity would also look to acquire other SIMEC Energy power generation assets in due course and partner with SIMEC in developing new power assets."

I reckon SAE or rather Simec could be a new partner for RED, even it's owner. Interesting.

[quanglewangle] 07/11/2018 16:49

"turbines installed on innovative foundations". I bet! I've had 13 kt on the GPS sailing through the Alderney Race while the log was showing 5.

[ts0mev] 07/11/2018 16:31

2534



Phase 1b - "The second phase of the MeyGen project will involve the deployment of an additional 4 * 1.5MW turbines installed on innovative foundations. The project is a key enabler for future phases of deployment, by demonstrating the use of technologies which will significantly reduce the Levelised Cost of Energy (LCOE) from tidal generation"

Splitting hairs on terminology, but Scott constantly goes on about how RED's Vanadium flow machines deliver industry leading lowest levelised cost of storage (LCOS).

Agreed this sounds like RED, but I would not rule out Lithium.