Redt Energy Share Discussion Threads

[iglenn] 05/10/2017 09:07

Nice further buying pressure today.

[dlg3] 05/10/2017 08:16

The proof will be if they appear with a hybrid in the coming months....

[dlg3] 05/10/2017 08:07

Just checked the Vionx web-site, it has just been updated, first time in over 12 months, the news on the old web-site was 2 years old, now there is a surprise....I have another theory there....lets see if I am correct in the coming months..

What do you make of that dogrunner11??

[dlg3] 05/10/2017 08:01

Imergy went into liquidation last year..

Uni Energy, Vanadis Power GmbH and Rongke power are the same company

do not forget Vionx, there web-site has not been updated for over a year...

Gildemei is gildemeister now in liquidation

[alchemy] 04/10/2017 23:58

Scrutable.Some good questions.I can't give the answer only raise some points.The man in the street does not need to know of Redt for the order book to swell. Well before "intel inside" intel had to win over Compaq, Hewlett-Packard, Dell. They had to beat Motorola and at least one other chip maker. But they didn't "nourish " these channels until the " inside" campaign. Detailed discussion about cycle times , heat, packaging, instruction sets with a limited number of tech-savvy people to convince. Within the energy / power industry there will be recommenders and decision makers. But they haven't signed off the big one yet. They'll be watching key projects. So Centrica for example may have sponsored Olde House. But their awareness is there.E-on, Centrica, SSE, and like companies overseas will be engaging with storage and know of Redt because of the activities of the past few years. I can't recall the the exact quote, but there is nothing like an idea whose time has come.Which idea are we speaking of? Renewables or Storage. .?Both : the first is well boosted by the second. The microprocessor, the dos, the Windows, the spreadsheet. Benign cascades of developments.Then the decision makers ask about risk, having seen the economic upside, risk of production, Jabil, ! No problem there then. Or the issue is headed off by the Jabil situation being imbedded in the first presentations or the collateral available pretty much from the first contact.THE LIGHT BULB MOMEMT. AH I SEE Vanadium has four states...ah lithium is subject to fire. That's solved? Ok but that's power , not energy. Always useful to have an enemy. Always useful to have a unique. A true one, not IBM with its micro-channel. Pioneer Musk could still be the one with the arrow in the back?I'll pause here and re-read your post . In summary though, hard to be more positive than I am at the moment.

[scrutable] 04/10/2017 23:41

According to Sharescope there were 46 buyers to only 8 sellers today.

This suggests that the enormous spike from 6.7p to 11.8p over the last fortnight will continue tomorrow, before it inevitably retraces to 9.6p or thereabouts (following Fibonacci reasoning) and thereafter resumes the rise beyond tonight's peak (11.8p)

[scrutable] 04/10/2017 23:28

thanks for your reaction. Here are the main contenders I have so far found listed. Gildemeister (below) was in liquidation and provided two key employees after the bust.

Sumitomo Electric Industries
UniEnergy Technologies
Dalian Rongke Power
Gildemeister
Golden Energy Fuel Cell ( GEC?)
Prudent Energy
RedT energy storage
H2, inc
Imergy
Sun2live

I didn't mention costs as a reason for winning orders, but REDT's must have reduced by 12-15% over the past year and will likely fall further with Sterling as Corbyn's shadow looms darker.

[dogrunner11] 04/10/2017 22:04

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] 04/10/2017 21:53

Batteries not included

* I was surprised that you cited lithium-ion batteries as the “technology of our time” (“A plug for the battery”, January 16th). A consensus is emerging within the industry that electricity storage will require a number of complementary technologies. Where there is no one dominant technology, the suitability of a storage system depends on how and where it is going to be used. You highlighted the limitations of lithium in storing grid-scale power which alternatives can address. Flow batteries, for example, store energy in tanks of liquid electrolyte and so neatly sidestep this problem, since more energy can be stored through a simple increase in tank size. Vanadium, the most commonly used metal in flow battery technology, is a significantly more plentiful element, and therefore does not suffer from the supply restrictions which you rightly noted are driving up prices. Based upon US Geological Survey resource data and current usage, we have 1000 years supply of vanadium. Whilst lithium has enjoyed success in short duration applications, it is longer duration services that will drive the de-carbonisation agenda and smooth imbalances between generation and consumption. I would suggest that the flow battery is the real “technology of our time” and that it should not be eclipsed by its younger, and often noisier, cousin.

SCOTT McGREGOR
CEO, redT Energy
London

[dogrunner11] 04/10/2017 21:51

There's not really anyone in direct competition, we have Sumitomo who are much larger scale and don't have a containerised version...

Redflow Australia aren't really competing, they use a mixed chemical that has had problems, there's a few others but none have a quoted figure on costs.

Our BoD are heavily connected, it certainly appears we have the best solution or working battery that others can't seem compete with.

It's a huge area that will no doubt get competitive as it continues to grow, personally expecting some consolidation as orders ramp up within sector.

Others like UET are selling and one in China, as confirmed by chinese PM, their tech isn't as good.

This is a real gem, not often we get these on AIM.

Feel free ask more, if you quote names of companies will try best respond, DLG is the real knowledge here on all those other companies, there's not anything he hasn't looked at one stage or another.

[scrutable] 04/10/2017 21:14

googling 'flow batteries' reveals ten global companies competing in this space.
Is there any site which explains features of the REDT product or service which appears to be so superior to competition as to explain the rapid exponential growth in orders from right across the globe?.

I only came upon this share with news of yesterday's contract with Monash, read all this year's RNS, before the penny dropped and immediately spent all my rainy day investment reserves and bought two tranches. I am impatient to find more cash.

This year's progress is simply staggering and points strongly to market leadership and the birth of a future giant.... but why is RED winning so much of the market? Or are the other nine also all growing at a frenetic pace?

Is it due to
1) the early investigation and commitment by Jabil? ( Seems a powerful reason, but why were Jabil decisively impressed?))

2)To specially strong UK Government support ( Implausible and surely no more than parsimoniously received by ITM and other UK tech innovators struggling?)

3) The quality of its sales channels (but they are very recent)

4) Exceptional management and determination? almost certainly necessary, but not sufficient)

5) A key technological and patented feature ( not easily discernible from the web site)

6) Unusually strong financial support

It is possible that all these come into play but I still expect to learn of a USP

I would be grateful to be pointed in the right direction for answers.

[dlg3] 04/10/2017 20:02

Meanwhile, Electricity Storage Network CEO Georgina Penfold said that policy is “definitely moving in the right direction”, with regulator Ofgem having just put out its criteria for energy storage licensing in the past few days.

[dlg3] 04/10/2017 20:01

While the Electricity Storage Network, whose CEO Georgina Penfold spoke shortly after Court, had long advocated that Britain should have 2GW of energy storage deployed by 2020, by current estimates the country could reach that figure this year, the REA head of policy said.

[meganxmas] 04/10/2017 16:48

So there is where the contact came from... Looks like Scott was alumni at Monash! DATE AND TIMEMon. 4 September 20173:00 pm – 4:30 pm AESTLOCATIONLevel 4, Green Chemical Futures Building13 Rainforest WalkMonash University Clayton CampusClayton, VIC 3800AustraliaView MapDESCRIPTIONMonash Alumnus Scott McGregor is the CEO of redT energy storage.redT has developed an industrial scale liquid energy storage technology that allows customers to safely store energy for 25+ years without degrading. redT also manages funds which are invested into renewable projects across Africa. Scott has overseen the development and investment in 500+ clean energy projects and new technology globally.Scott will be presenting to Monash University students, staff and alumni on the future of energy and the anticipated changes in the energy market over the next ten years. Scott will also discuss the work he and his team are doing at redT energy storage.Scott holds a Bachelor of Economics from Monash University and an MBA from the London Business School.3pm for 3:30pm start.

[dogrunner11] 04/10/2017 14:46

drop another order RNS Scotty

[cheek212] 04/10/2017 14:44

Own up - who just bought that 1 12p share???

[cheek212] 04/10/2017 13:10

Some 12p buys just gone through.

[cheek212] 04/10/2017 12:27

I'm ahead now and looking forward to being a lot more ahead!!!!I wonder if 12p will be cracked today?

[alchemy] 04/10/2017 12:15

Ok last one from me today....Take a look back ten or so months, we're on the verge of a break out .Anyone who's been accumulating since the raise is ahead. And Scott's not really started..imho....

[cultivator1] 04/10/2017 11:55

Yes, Alchemy, trying not to be too biased towards Redt's obvious superior/appropriate attributes in the area of "Utilityenergystorage'.

"When it comes to power generation, the IEA said that renewable electricity was seen growing by over a third by 2022, hitting more than 8,000 terawatt hours. This figure, the IEA said, was equivalent to the power consumption of China, India and Germany combined."

Wow! Potential demand, for storage machines, as an under statement, could be quite substantial.
No advice intended.

[netcurtains] 04/10/2017 11:29

The Olde House, its worth noting that since they have had the REDt machines they now can install a state of the art HEATED swimming pool - AT NO EXTRA COST!! (free energy)

[cheek212] 04/10/2017 11:11

New video of olde house machines on Twitter https://twitter.com/redt_energy/status/915514348663115776

[alchemy] 04/10/2017 11:03

Or even Storage Machines. Good point.Now I have just noticed as I type STOrage MACHines - and wonder if any wordsmiths ,PR or fellow travellers could help Redt by digesting the finding and integrating into our collateral?Ho.