Redt Energy Share Discussion Threads

[dogrunner11] 19/2/2017 21:45

Market Applications – Displacing Diesel (Market place worth $17 billion)

Representative example:

- Was: 1.5MWe diesel generator consuming 2.0 m litres of diesel per year (@$1.1/l and 7.5% diesel inflation with an LCOE of $0.79/kWh)

- Now: 0.8MWe diesel generator consuming 245,000 litres diesel per year with 1.5MW- 7.5MWh storage and 2,500kWp solar ($0.36/kWh)

- Cash saving Year 1 $1.98 m (diesel and genset) and payback of 4-5 years.

Full presentation here: -

[pierre oreilly] 19/2/2017 21:41

Is it still 'the pierre show' bb?

Never mind, dog to your rescue with a blsast of posts to bury your embarrassment, plus ça change.

[dogrunner11] 19/2/2017 21:28

UK utility National Grid is opening up the tender process to allow smaller companies and non-traditional energy storage methods to compete in the grid-scale UK market.

Work on the new proposal is ongoing, with National Grid planning to announce more details in its Electricity Future Operability Strategy document at the end of March.

[dogrunner11] 19/2/2017 21:27

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

David Capper, deputy director and head of future electricity networks at the U.K.’s newly created department of Business, Energy and Industrial Strategy (BEIS), has expressed the need to encourage markets for flexibility services.

Removing the regulatory barriers for storage are a major priority for BEIS, Capper said. He also believes developers should be allowed to stack revenues.

[dogrunner11] 19/2/2017 21:24

Potential Client come changes expected next Month, payback say 5 years it would be a no-brainer for those investors and cash certainly wont be an issue?

Fund with assets of: -

Investment portfolio as at 28 June 2016 (the “Date of Distribution” of this annual report) of 33 solar Photovoltaic (“PV”) plants for a total of c.414MW installed capacity in operation.

Investigating Energy Storage: -

"The Company will seek to optimise and extend the lifespan of its assets and may invest in their repowering and/or integration of ancillary technologies (e.g. energy storage) on its solar PV plants to fully utilise grid connections and balance the electricity grid with a view to generating greater revenues."

and

"Furthermore, the Investment Manager remains fully engaged in monitoring technological change in the energy sector and is already exploring the feasibility of the application of energy storage facilities to the Company’s portfolio of solar PV plants. Consequently, the Company is well-positioned to incorporate the continuing innovation in energy technology and benefit from the associated incremental returns and/or cost reductions in solar energy generation and storage."



Key part "is already exploring the feasibility of the application of energy storage facilities" could that be part of redT's prospect list? Should legislation change for stacking revenues next month.

Commented recently in what I perceive a direct statement to policy makers and Teresa May if she really wants the U.K to be at the forefront of this new technology: -

"Michael Bonte-Friedheim, chief executive of NextEnergy Capital.... adding that his firm could install battery storage at all of its operational solar farms in a relatively short space of time as soon as it was viable. "

[dogrunner11] 19/2/2017 21:22

Centrica: Floodgates on battery storage investment to open in 2017

“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.”

The supply of battery cells, a global commodity, may initially be the limiting factor. “But I think when it happens, it will happen very, very quickly,” he says. “So I expect that rush to start being noticeable by June this year.”

[dogrunner11] 19/2/2017 20:45

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.

[dogrunner11] 19/2/2017 20:43

redT wins 'Technology Company of The Year' at Prestigious Quoted Company Awards
Published on 8th February 2017

redT is pleased to announce that it has won the prestigious 'Technology Company of The Year' Award at the annual Grant Thornton Quoted Company Awards.





The Company was selected from a shortlist which included a select number of leading UK technology companies from diverse industries including Healthcare, IT and Fintech.



Recognising the achievements of the UK's leading smaller companies, the 13th annual Grant Thornton Quoted Company Awards Dinner took place on 8th February in the City of London.

[dogrunner11] 19/2/2017 20:41

Last year the company successfully tendered 201MW of EFR in eight projects totalling £65.95m (with an average price of £9.44/MW of EFR/h) to maintain the grid frequency at 50Hz.

This year the company is re-writing the process in a bid to

group together balancing services with similar requirements and make the process of energy distribution more flexible.

The three initial groups will include Frequency Response, Reserve Energy and Standby & Margin categories, although others may be added.

So for example, EFR and firm frequency response (FFR) dynamic and static will be in the general frequency response category; whereas reserve services and demand turn-up will be grouped in the reserve energy section along with STOR runway.

Work on the new proposal is ongoing, with National Grid planning to announce more details in its Electricity Future Operability Strategy document at the end of March.

The proposals are likely to involve a gradual roll out rather than a sudden step change of the policy.

Stewart Larque, head of Regional Media at National Grid, told BBB: “The intention is exactly the opposite to restricting the opportunities to big players – we want to remove complexity and barriers to smaller players and non-traditional technology types, encouraging greater competition for balancing services.

[dogrunner11] 19/2/2017 20:40

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.

[dogrunner11] 19/2/2017 20:38

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.

[dogrunner11] 19/2/2017 20:37

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] 19/2/2017 20:37

This is what people want see, not bickering from those still to buy in, you trade quietly Pierre if you must...

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] 19/2/2017 20:16

Yawn Pierre, same old moaning.

How many posts of factual information vs moaning? It's getting boring, be quiet or better still be constructive, for a change.

[backdoorbill] 19/2/2017 20:05

I`m still here Pierre. You clearly crave attention and here is your slot.

For everyone else looking in.... Welcome to the Pierre (my trading view) show. Hosted by Pierre...... !!!!!!

Chas

Good evening all (news next week)

[pierre oreilly] 19/2/2017 19:56

So backdoor bill, you seem to make many accusations about my character and motivation, and when asked to qualify wtf is concerning to you, you just don't answer.

Mind if i ask if you have 'worked' with dig and dog before?

[dlg3] 19/2/2017 19:52

Pierre posts the most on the climate change thread, threatening posts arguing climate change is a figmet of imagination, you work for the petrochemical industry?????

[backdoorbill] 19/2/2017 19:42

The fire has been stoked Pierre. Your prevalence here does speak volumes in its self.

Whilst you manifest, I am merely making a point, whilst awaiting my other half.

Chas

[pierre oreilly] 19/2/2017 19:14

bb 406.

Please tell us what's going through your mind with my posts. Please, i simply don't understand how or why or what you are thinking.

At one time, red was a small part of my portfolio, now its a bigger part. It has never been miniscule, could you please reproduce the post of mine where i said that?

Yes, red is the only aim stock i own, and the only aim company i've touched for probably 15 years. wtf is objectionable about that? Why is that difficult for you to understand? wtf?

I'd really love to see into people's minds, all this stuff really makes no sense whatsoever to me.

[pierre oreilly] 19/2/2017 19:07

'team dump'? 'caught with pants down'? Jeeze.

Oh well, i guess i'll never understand what goes through some people's minds.

[backdoorbill] 19/2/2017 18:54

I`m more than a little dubious as to why "masurenguy" felt compelled to ban "dog", when all "dog" offered was a factual response to a post made here.

Pierre blows hot and cold. Some would start to think he has a motive.... He has clearly stated his holding here is "just below the threshold", then take a look at his prior posts... He states his holdings here are very low indeed (near minuscule).

HOWEVER: This is the only aim investment he is comfortable in holding. Hmmmmmmmm

Chas

[backdoorbill] 19/2/2017 18:08

"team dump" aka pierre and co, have been caught with their pants down.

lolololololol

Chas

[dlg3] 19/2/2017 14:00

Another oil and gas company seeing the light !!!!



Ken Tun, CEO, Parami Energy Group, on rural electricity efforts and the potential of renewable energy: Interview


KEN TUN: The World Bank has devised a plan to electrify the whole country by 2030, which would require approximately $3bn per year in investment, given current transmission, distribution and generation shortages. However, rural communities cannot afford to wait 15 years.

If you look at the current mindset worldwide, there is a focus on efficiency and green development when it comes to energy. In the past, there has been a focus on the top-down approach but now we see that the bottom-up approach is cleaner, more efficient and better for the people. The best possible strategy to get electricity nationwide more quickly is a combination of a centralised system (the top-down approach) and distributed energy (the bottom-up approach).

A distributed energy system is where a national grid is supported by multiple regional power initiatives in the form of mini-grids. In terms of bureaucracy for energy development, you have the Ministry of Electricity and Energy taking care of the union level and you also have the Ministry of Agriculture and Irrigation taking care of rural development. This leaves little confusion as to who is responsible for certain projects.

According to the constitution, regional governments can implement projects no bigger than 30 MW. If Myanmar completes 1000 projects of 30 MW over five years – a distributed energy project – then people will have access to power, which can improve productivity and uplift those in poverty.