Redt Energy Share Discussion Threads

[dlg3] 22/11/2016 12:00

dogrunner11 the USA and Germany will be the ones to watch, I have been reading some interesting articles.....watch this space.

[dogrunner11] 22/11/2016 11:23

Lots of tenders going about, waiting for green light? There's been some big projects been quoted or worked on... 100mw system, 10mw system will do for now!

[dogrunner11] 22/11/2016 11:21

Apart from sales team and third party sales our own guy will be beavering away...

[dogrunner11] 22/11/2016 11:17

That was from those who registered interest

[dogrunner11] 22/11/2016 11:17

Massive interest from India, Middle East and Africa.

[geoff geoffrey] 22/11/2016 11:13

yeah yeah, the bed-sit in Bognor will do fine.

[iglenn] 22/11/2016 11:07

Sorry. I should say lived. I have relocated to dehli which is just as interesting re renewable energy and storage.

[iglenn] 22/11/2016 11:06

Rinson. I did ask that question to Scott on the recent conference call as I live in Dubai and they were having a huge solar and renewable energy summit. Surprisingly he said they were not attending and weren't particularly focused on Middle East as they had other markets they were 'fulfilling ' so to speak. He seems very focused on actually delivering to chosen sectors and areas rather than try to push everywhere and potentially not fully concentrate on existing clients / potentials.

[the brex pistols] 22/11/2016 09:26

Not old news if it is still relevant - which it most definitely still is.

Exciting times to be getting in at the ground floor with storage like RedT.

[rinson] 22/11/2016 09:14

Old news but could Red have a part to play here?

Rising sun: the Middle East's renewables revolution
By Jamie Goodwin
Friday, 29 July 2016 12:07 AM

Energy production will always be synonymous with the Middle East. Just as the discovery of oil underground changed the face of the region’s economy a century years ago, another resource — way above ground — is doing likewise today.

As forecasters predict that the region, along with Asia, will account for the majority of the world’s energy demand growth well into the 2030s, some pretty high renewable energy targets are finding their way into the centre of the region’s economic agendas.

Dubai alone has set itself a goal to become the city with the lowest carbon footprint in the world. Its target is to produce 7 percent of its power from clean energy sources by 2020, 25 percent by 2030, and a whopping 75 percent by 2050.

But the region’s clean energy leaders have an excellent reason to express confidence in their ability to hit their goals, as fortune shines down on them from above in the glow of solar energy. The ability to harness the sun’s power is the jewel in the region’s crown as it attempts to move away from a reliance on fossil fuels. In a region that is home to more than half of the world’s crude oil supply, and more than a third of its natural gas reserves, solar is emerging as not only a genuine alternative to non-renewables, but an increasingly cost-effective one.

There is little direct competition between renewables and oil — energy-market dynamics show that volatility in oil prices do not directly affect renewables, according to the State of Green Economy Report 2016. The cost of solar power has been driven down through technological advances, shifts in the manufacturing process and economies of scale, the report says. The result is a clean energy source that is cheaper than coal.

Dubai’s massive 800-megawatt Mohammed Bin Rashid Al Maktoum Solar Park will produce power for as little as 2.99 US cents per kilowatt-hour (kWh), according to DEWA. That figure is much lower than prices charged by coal-fired power plants.

The single-site solar park will be the largest in the world with a production of 5,000 megawatts (MW) — enough to power 800,000 homes — by 2030, after a total investment of $13.6bn. A five-company consortium chosen to build the park is being led by Abu Dhabi clean energy company Masdar, with the third phase set to be operational by 2020. Bids for the upcoming 350MW solar project in Abu Dhabi’s Sweihan are likely these record-low prices matched, or even beaten.

[the brex pistols] 22/11/2016 09:13

Investors need to get in quick imo.

[iglenn] 22/11/2016 09:13

And another. The trial is drawing close attention from policymakers and renewables developers. Paul Wheelhouse, the Scottish government's energy minister, visited the town of Cumbernauld near Glasgow this month to inspect a Gigha-bound redT device as it was put through its paces at Scotland's Power Networks Demonstration Centre. Mr Wheelhouse said he was impressed by the technology hidden inside the unprepossessing grey container at the centre - adding that Scotland had scores of islands that might benefit from it. "Clearly, we will learn a lot from what happens in Gigha," the minister said. "It is exciting to see it deployed in a real-life situation."

[iglenn] 22/11/2016 09:12

Posted on the lse boardTimothy Cornelius, chief of tidal power developer Atlantis Resources, says the Gigha trial is "of extreme interest". Atlantis is building one of the world's largest tidal power arrays in Scotland's Pentland Firth and expects energy storage to play a big role in future projects, particularly when they involve islands with limited grid connections. "We fully subscribe to the idea that storage is the revolution," Mr Cornelius says. "If they can prove [vanadium redox flow works as billed] then Scott McGregor will be one of the first people I call."Credit to Bolgas for finding in the FT.

[the brex pistols] 22/11/2016 09:12

I know dog, utter madness. Blame Black Friday.

[dogrunner11] 22/11/2016 09:08

Bargain prices!!! Just needs a RNS to drop, lunchtime deal closed Scott???!!! You know they're ready to be announced!!!

[the brex pistols] 22/11/2016 09:04

I've now placed orders for sub 14p, if needs must.

I would rather it didn't go 'the wrong way' of course, but I mean heavens - this is cheap!

We haven't even climbed to base camp yet!

[the brex pistols] 22/11/2016 09:00

What's the betting he's now too scared to 'top-up'?

Well, I'm not.

Added

[the brex pistols] 22/11/2016 08:44

Well spoole5, do you feel lucky - well do ya??


spoole5 18 Nov '16 - 09:47 - 9116 of 9160 0 0

Hopefully be able to top up at 14p later.

[the brex pistols] 22/11/2016 08:41

Buying like a man possessed this morning me.

Hope it helps.

[dlg3] 21/11/2016 22:55

The largest implementation of energy storage in Germany has been given a green light as the government approved its 90MW battery energy storage system (BESS) project.
Germany’s transition to sustainable energy, the Energiewende, is resulting in increasing fluctuations in energy supply due to the intermittent nature of wind and solar power. Fluctuations can also be caused by unexpectedly higher or lower energy consumption, errors in electricity forecasts and power plant failure.
Fluctuations of ten millihertz or more must be immediately evened out; otherwise they could cause damage to electrical systems and result in blackouts.
This load regulation has traditionally been carried out by conventional generation based on fossil fuels.
The new battery systems will provide load balancing services with operating reserve. Each battery energy storage system will even out frequency fluctuations within seconds; by feeding energy into the grid in scenarios where the frequency is too low or storing it when frequency is too high. They will also provide a minimum 30 minutes operating reserve.
North Rhine-Westphalia’s Minister of Economic Affairs, Garrelt Duin said “the battery storage system makes an important contribution to the Energiewende.”
He also said “firstly, it stabilizes the electricity network and increases supply security. On the other hand, fossil fuel savings are reduced. In the current energy environment with a high dynamics of change, we welcome the investments made by STEAG, especially in the light of the fact that the project is implemented without subsidies. It shows that good ideas can be quickly developed into market readiness with determined action.”
Germany’s Energiewende calls for 55 to 60 percent renewable energy by 2035. As it did with solar power, Germany is leading the way with energy storage – both large and small scale.
EuPD Research forecasts between 23,000 and 25,000 storage systems to have been installed in Germany by the end of 2016. The vast majority of these will be small solar battery systems.
The country is now taking their steps for cleaner energy, and it’s great to see that they value energy storage systems in taking their way on switching to renewables.

[cheek212] 21/11/2016 20:26

I've doubled my money on this bad boy but won't be selling any of my main holding until we see some big movement. However I have been trading a little on the side to earn some beer money, using TD's account rather than my own money, but nothing major - not enough to move the share price anyway!!

[backdoorbill] 21/11/2016 20:08

Interesting, as most traders have broken even at best.

Chas :)

[alchemy] 21/11/2016 19:04

Sales trajectory is key.

[cyberbub] 21/11/2016 18:31

I think the prospects here are very promising, but nevertheless someone has been keen to dump chunks at 14p today...