Redt Energy Share Discussion Threads

[dogrunner11] 17/2/2017 13:56

Award winners working along side e.on.....

RedT energy worked alongside utility E.ON to install a 5kW, 40kWh vanadium storage battery at the headquarters of warehousing and logistics specialist JB Wheaton, based in Chard, Somerset.

The system was paired with a 3MWp rooftop solar install to help match the site’s self-generation as closely to its demand load as possible. JB Wheaton was able to use electricity stored in the battery to charge its fleet of EVs in the evening when they were not in use, thereby avoiding peak-time charges.

Additional peak charges were also avoided, allowing the company to “stack” separate revenue streams.

[dogrunner11] 17/2/2017 13:54

Quiet day Pierre, thought those looking in needed something to actually help with research.

It's all good stuff take a read, you might just learn something :-)

[dogrunner11] 17/2/2017 13:53

Energy storage market to grow to USD250 billion by 2040
This is the forecast in Bloomberg New Energy Finance’s New Energy Outlook 2016 report, which expects to see the price for energy storage systems significantly drop, as batteries will help to wean power dependency away from large-scale fossil fuel plants.

Energy storage is being touted by many energy industry analysts as the key to achieving a global transition to clean energy, by incorporating storage technology and flexibility into future smart grids and into homes. The latest report from Bloomberg New Energy Finance (BNEF), the New Energy Outlook 2016, has backed up this believe with forecasts that the global battery market will skyrocket over the coming years, as demand will force the prices down.

Looking at the entire global energy industry, BNEF’s report sees encouraging signs in the energy storage market, which inspired expectations of a market valued at $250 billion or more by 2040. In the shorter term, BNEF expects 25 GW of storage devices to have been deployed over the next 12 years, which, the BNEF analysts pointed out, is about the same size as today’s rooftop PV industry.

[pottermagic2310] 17/2/2017 13:52

Blimey... so pleased I have a few of the usual suspects filtered on this thread.
Moving on...

[pierre oreilly] 17/2/2017 13:51

I don't know if you are being obstreperous or you are just hold the record for the most thick skinned human in history.

As explained above, the idea of this thread was to share research away from your and dig's posts which are voluminous to the point of absurdity, and drown out all but your own. You had another thread where you could do that.

I can't for the life of me understand why you won't let the majority have what they want, which is simply a safe place to put red views forward and discuss them.

[dogrunner11] 17/2/2017 13:51

Next month this is due, Storage will be unleashed ....

Speech by Baroness Neville-Rolfe, Minister of State for Energy and Intellectual Property, at Clean Energy Live, Birmingham NEC

And UK enterprise redT has recently supplied 40kWh flow battery systems to E.ON who I met this morning and other UK and international customers.

I believe these technologies must be encouraged and supported, so that more of us can benefit from disruptive changes. That is why we will shortly publish a call for evidence on a smart systems routemap, including sections on storage and innovation.

We will need your help in choosing the solutions that work best for the industry and for consumers and communities.

[dogrunner11] 17/2/2017 13:49

Get in early is my advice....


Centrica: Floodgates on battery storage investment to open in 2017
JANUARY 12, 2017

Investor interest in energy storage is increasing rapidly with battery storage projects gathering pace this year, according to Centrica. The energy giant also predicts a significant increase in capacity market contracts for batteries from here on in.

Tim Barrs, who leads energy storage sales under the firm’s British Gas brand, says non-domestic users looking to shift loads away from peak price periods and monetise assets via grid balancing services should plan their investments now to beat the rush.

“Battery storage has yet to achieve the widespread ‘bankable status’ that we saw with large scale solar PV”, says Barrs. “But knowledgeable investors are improving their understanding and confidence in revenue streams and I think we will see a groundswell [of investment] by summer.”

[dogrunner11] 17/2/2017 13:45

Sharing research?

[pierre oreilly] 17/2/2017 13:44

That isn't the point, as you and everyone else knows.

[dogrunner11] 17/2/2017 13:40

Well said Pierre, although even you must agree there's some valuable reading material in those last few posts for any wannabe new investor?

[dogrunner11] 17/2/2017 13:38

Here's 100 potential battery orders:-

Sunrigen Green Energy Inc. (SGE) is offering a green investment opportunity in the wind energy and energy management business. Green Energy falls under the Mining Investment Division in Canada making this investment potentially very lucrative with the write offs allowed under this tax incentive program with Federal and Provincial Government tax incentives in place. (CRA identification number is 15-45737-4)

SGE is engineering solutions that combine Wind generation with peripheral energy management and energy storage services

* SGE is currently negotiating Agreements with Municipalities in Northern Ontario to supply green energy solutions. 

* SGE plans to install one hundred 15kW wind/battery systems in these communities over thenext three years creating low costgreen energy for rural communities


* To provide a stable supply of power we will use a combination of wind turbines, fuel cells, battery’s, and power conditioning




Using a redT solution:-

[dogrunner11] 17/2/2017 13:36

RedT emails

This is the reply I got from Redt -Thanks for getting in touch, and for flagging the article to us.

With regard to your query, it’s important to note that conventional lithium batteries are suited to different applications to redT’s patented VRFB technology. Our energy storage machines are stationary, large scale, energy assets that are designed for heavy industrial use over more than 20 years in multiple applications – making them suitable for use alongside renewables, diesel generators and in heavy industry, commercial or grid scale applications.

Lithium batteries on the other hand, are disposable, short duration, conventional batteries that require frequent replacement if used too heavily, which makes them well suited to electric vehicles or for applications requiring occasional, carefully-managed usage. So in this respect, the discovery of new lithium deposits is not likely to affect redT from a competition standpoint, as the respective applications that each technology is suited to are different.

Additionally, from a resource perspective, it is worth noting that Vanadium is more abundant in the earth’s crust than Lithium, making up 0.19%, compared to lithium, which makes up 0.0017%. Vanadium itself is a resource that is not in short supply and can be mined all over the world in large quantities.

I hope this clarifies Suzanne.

Many thanks,
Joe

[dogrunner11] 17/2/2017 13:34

A perfect storm is on its way!!!

[dlg3] 17/2/2017 13:33

Fourteen years later, while Americans were eating or sleeping off their Thanksgiving meals, the twelve members of the Organization of the Petroleum Exporting Countries (OPEC) failed to reach an agreement to cut production below the 30 million barrel per day target that was set in 2011. This followed strenuous lobbying efforts by some of largest oil producing non-OPEC nations in the weeks leading up to the meeting. This group even went so far as to make the highly unusual offer of agreeing to their own production cuts.

The ramifications of this decision across the globe, not just in energy markets, but politically, are already having consequences for the global landscape. Lost in the effort to understand the vast implications is an even more important signal sent by Saudi Arabia, the owner of more than 16% of the world’s proved oil reserves, about its view of the future of fossil fuels.

Since its formal creation in 1960 the members of OPEC, and specifically Saudi Arabia (and in reality the Kingdom’s control over global oil markets is much larger than that 16% of reserves implies as its more than 260 billion barrels are among the easiest and cheapest to extract and before enhanced recovery techniques accounted for a much larger share of global reserves) have used excess oil production capacity to influence crude prices. The primary role of OPEC has been to support price stability. There are notable exceptions – like the 1973-1974 oil embargo and a period of excess supply that undermined prices and crippled the Soviet Union in the 1980s (though whether this was a defined strategy or serendipity remains in some question), but at its core the role of OPEC has been to control oil prices. As recent events show, OPEC’s role as the controller of crude oil pricing is coming to an abrupt end.

[dogrunner11] 17/2/2017 13:33

Springtime May Be Coming Early for Britain’s Energy Storage Market

The U.K. government is on the verge of making structural changes to the energy market that will benefit storage.



by Mike Stone
February 06, 2017

Last fall, the U.K. government reached out to players across the electricity industry for suggestions on how to reform the grid. Now industry observers are expecting the country's energy storage market to take a major leap forward if legislation is enacted this spring.

The U.K. is set to become “the world’s best market for scaling up storage,” said Simon Daniel, CEO of energy storage developer Moixa.

“There’s a perfect storm on its way,” thanks to a combination of new government promotion programs, a deregulated electricity market and a high adoption of solar, said Daniel.

The legislative changes should be implemented after the government finishes mulling over the results of a recent industry consultation on how to make the grid smarter and more flexible.

[dlg3] 17/2/2017 13:32

Do not get caught holding the baby !!!!!!

[dlg3] 17/2/2017 13:32

Historic moment: Saudi Arabia sees End of Oil Age coming and opens valves on the carbon bubble


Most analysts believe Saudi Arabia refuses to cut production because it wants to shake out its higher-cost competitors or because it wants to punish Iran and Russia. There may be some truth in those theories, writes Elias Hinckley, strategic advisor and head of the energy practice with international law firm Sullivan and Worcester, but they miss the deeper motivation of the Saudis. Saudi Arabia, he says, sees the end of the Oil Age on the horizon and understands that a great deal of global fossil fuel reserves will have to stay underground to avoid catastrophic global warming. “That’s why it has opened the valves on the carbon asset bubble.”

Saudi Arabia’s decision not to cut oil production, despite crashing prices, marks the beginning of an incredibly important change. There are near-term and obvious implications for oil markets and global economies. More important is the acknowledgement, demonstrated by the action of world’s most important oil producer, of the beginning of the end of the most prosperous period in human history – the age of oil.

In 2000, Sheikh Ahmed Zaki Yamani, former oil minister of Saudi Arabia, gave an interview in which he said:

“Thirty years from now there will be a huge amount of oil – and no buyers. Oil will be left in the ground. The Stone Age came to an end, not because we had a lack of stones, and the oil age will come to an end not because we have a lack of oil.”

[dogrunner11] 17/2/2017 13:30

Always on a Thursday DLG

[dogrunner11] 17/2/2017 13:29

Africa, European and USA markets already open for business

Diesel generation worth $17 billion....

[dlg3] 17/2/2017 13:28

yes lots toi look forward to, regulation change, Isa increase and lots of sales...... hope you took the advantage doggy boy and topped up...

[dogrunner11] 17/2/2017 13:28

RedT Energy powers up

We think shares in RedT Energy (RED) offer an exciting 'blue-sky' opportunity in stationary energy storage (giant industrial batteries), a market that is estimated to currently be worth $1.5bn (£1.18bn) globally and is expected to balloon in value to $5bn by 2020.

RedT, which has emerged from the ashes of carbon-trading company Camco Clean Energy, intends to plug into the growth of the renewable energy market, specifically the "mismatch between availability and demand". By definition, solar- and wind-powered electricity generation can only take place intermittently, either when the sun is shining, or when the vagaries of weather systems allow. That represents a structural problem for generators, but RedT's systems allow operators to store energy when available and release it to the grid when needed.

The company's 'energy storage machines' can also be utilised to provide local grid services in remote or isolated areas without access to power infrastructure.

Commercial roll-out is starting to gain some traction. Last month, the company announced that it has sold a second generation energy storage system to South African energy company Jabil Inala to be installed in an African telecommunications company. A month earlier, the company announced that it had delivered four of its 15 kilowatt-240 kilowatt-hour energy storage machines to the ironically named Scottish Isle of Gigha.

Recent analysis from Cenkos highlights that while RedT isn't the first battery maker of its kind to enter the market, "it has engineered a substantially cheaper product" than rivals including Germany's Gildemeister Energy Solutions GmbH - the market leader.

The advantages of RedT's technology are linked to the underlying chemistry. The Vanadium Redox Flow Battery system is ideal for renewable generation sources, because unlike most conventional industrial batteries, it does not degrade when fully discharged and is suited to long duration storage. This means it can safely and efficiently cope with the inherently cyclical and volatile flow rates associated with green energy. The systems offer versatility in terms of capacity and energy flow rates. The Vanadium systems are fully recyclable and retain residual value after the nominal 25 year lifespan.

[dlg3] 17/2/2017 13:25

5. Energy shortages

He also points out that the dam provides a significant amount of the energy for the state. It produces around 2.2 billion kilowatt hours of energy a year, which accounts for around a third of the state's power needs.

[dlg3] 17/2/2017 13:25

California will be needing more storage dogrunner11

If the spillway breaks, unstoppable flows of water will be released. The dam itself is unlikely to give way, but a spillway breach could lead to cascading flows and damage. Here's what that could mean:

1. The reservoir could be drained

Once the spillway breaches, the high-pressure flow of water could erode the surrounding soil and hillside holding the reservoir back. Under truly disastrous conditions, this could allow the entire reservoir to flood out into the regions downstream.

This would lead to a "30-foot wall of water coming out of the lake," as Cal-Fire Incident Commander Kevin Lawson put it at a Sunday press conference.

[dogrunner11] 17/2/2017 13:23

It's going to be an action packed march onwards in terms of uk legislation

Other countries are already accelerating growth of storage

If U.K. Introduces miniumum requirment of 2,000MW recommended this will rocket!!!!!!

That's by 2020 btw