Redt Energy Share Discussion Threads

[dlg3] 30/10/2017 21:23

dlg330 Oct '17 - 12:25 - 3950 of 3955 0 0 Edit
John Ward is going to be busy with all the other renewable companies installing storage, now as to whether he chooses REDT,s energy storage machines I could not say, but the odds are stacked in REDT,s favor.....he will also need cash so John selling and then resigning is a very good sign, he see,s the company in good hands and confident to leave them to it while he makes a killing installing storage and selling electric..

[dlg3] 30/10/2017 21:22

My topic today relates to the deployment of energy storage to industrial energy applications. Many industrial/enterprise facilities are rightly concerned with security of supply and the need to deploy renewables to decarbonise the overall enterprises carbon footprint. Since around 2007 I have been focused on a challenge, which is how can renewables be shaped with energy storage to deliver the type of quality power system that industrial consumers require.

The various forms of renewable energy generation have been rapidly declining in price to a point where they are at or less than the cost of conventional fossil generation. There now exists what I would consider a once in a generation opportunity to completely decarbonise electricity generation. The absence of any meaningful carbon tax and historically low fossil fuel prices distort this scenario somewhat but the overall trend is heading towards low cost reliable industrial power, particularly for embedded generation.

redT is commercialising a vanadium redox flow technology. This technology is suitable for long duration and constant cycling. It is quite unlike any other ‘batteries’ because it utilises the reduction and oxidation of the same material, meaning that charging and discharging can be virtually unlimited. The material never wears out. This long life aspect of the system and its robustness means that it is very useful for high duty cycling. We like to think of our system as an energy storage machine.

Other battery systems such as lithium ion and lead acid have specific applications. These can be used in combination with flow systems. redT is examining the application of these systems with super capacitors and other battery technologies to develop hybrid options.

Industrial energy consumers are concerned with cost. Some examples of this have been developed out and obviously exact costing depends on location, solar regime and wind regime. There is an interesting pattern of wind and solar in Ireland, see diagram below. What I have done here is run two generation series with wind and solar. What is interesting about this is that the PV generation increases when the wind is decreases.

[dlg3] 30/10/2017 21:11

In 2007, there was a feasibility study published which examined the economics of installing a flow battery at Sorne Hill Wind Farm. While the economic case for the system was very compelling, the technology was not ready for deployment at that point in time. A new company, REDT (www.poweringnow.com), has retained the rights to the ESS site at Sorne Hill, and plans to install a utility scale system at some point in the future, subject to funding.

[netcurtains] 30/10/2017 16:56

Its pretty much clear cut, we need another reasonably large sale to get this price past 14p.

How long do you think?
I'm hoping first two weeks of November.... Any later and we risk losing all our gains.

[dlg3] 30/10/2017 13:06

you may never find out....nothing ventured nothing gained...the odds stacked in REDT,s favor at the moment..

[grabster] 30/10/2017 12:49

Yes, that is one interpretation. Other explanations are equally feasible and less encouraging - which is why I would like to know rather than just wishfully guess at ;-)

[dlg3] 30/10/2017 12:25

John Ward is going to be busy with all the other renewable companies installing storage, now as to whether he chooses REDT,s energy storage machines I could not say, but the odds are stacked in REDT,s favor.....he will also need cash so John selling and then resigning is a very good sign, he see,s the company in good hands and confident to leave them to it while he makes a killing installing storage and selling electric..

[dlg3] 30/10/2017 12:20

Aeren Renewables Limited was set up on Monday the 28th of February 2011. Their current address is Dublin 3, and the company status is Normal. The company's current directors Leonora Bishop and John Ward have been the director of 31 other Irish companies between them; 5 of which are now closed. Aeren Renewables Limited has 1 shareholder.

Company Name:Aeren Renewables LimitedTime in Business:6 YearsCompany Number:495529Current Status:
NORMAL
Principal Activity:[40.10] Production and Distribution of ElectricityMay Trade As:Aeren Renewables Ltd


NAME CO. DIRECTOR CO. OWNER ADDRESS DIRECTORSHIPS
John Ward Yes Yes CO. DUBLIN 26
Leonora Bishop Yes No CO. DUBLIN 3

[grabster] 30/10/2017 11:22

- and it was followed by a director resigning, which is something I am hoping was to do with freeing him to place orders with RedT for one of his renewables companies, which would be good news. But until I hear any gossip from those who've spoken with him, his sudden departure and its timing remains a possible negative. Anyone heard anything from him?

[owenski] 30/10/2017 11:15

You've just had news, a big site visit for investors.

Looks like it wasn't that impressive.

[dlg3] 30/10/2017 11:15

Alchemy then yet again news could be just around the corner !!! no one knows when news is due....so make up your own mind, "do you feel lucky punk ?"

[alchemy] 30/10/2017 10:49

I wonder when we bounce, I can sort of see a trend-line at this point. As I say, I ain't worried none, News is important and that might be a while off.

[dlg3] 30/10/2017 00:21

For its first few years Pace was essentially a software mail order company - Hood says he realised you could make your company look enormous just by taking out double-page adverts in local newspapers - but new developments became a possibility when one of the software packages it was selling was designed to improve data communications.
"You couldn't buy hardware for it in those days, so we employed a local company to design a modem, for which we paid £3600," says Hood. "And that was where Pace began. It tapped a very rich seam, because at the time you had to buy big ugly boxes from BT and it just filled a gap. We developed a range of products from there."
He first became interested in satellite TV when he heard that you could receive TV pictures from out of the sky. "At the time I thought that was unbelievable," he says. "Put yourself back pre-Sky, and the thought of being able to receive tons of programmes just by pointing a dish at the sky was fantastic."
So the company started dabbling in producing satellite dish technology too - but only for a very specialist market. "We didn't make very many boxes," he says. "We sold maybe 500 to 600 a year, and quite expensive - a few thousand pounds each."
He makes it sound as if it was a cottage industry, which indeed it was, before Sky launched in 1989.
There's a good example of this when Hood comes to describe how they hired staff with the knowledge of the kind of technology they were after.
"We had no business case; there was no market. It just seemed like a fantastic thing to be able to do," he says. "So we got a grant from the DTI to develop it, and they phoned up one day and said: 'We have got this guy in Wales who is just what you are looking for.'
"We were given a phone number to call. It was only later that I discovered that the phone number was a phone box in North Wales. The guy came along to meet us, this biggish guy in a suit that was three sizes too small and who was known to be a bit of a Hell's Angel, but he did have all the knowledge we needed. He wanted to work with us - the only stipulation was he wanted a Harley Davidson as his company vehicle."
But much of this suggested naivety is being disingenuous. Pace stole a march on what competition there was by developing steerable satellite dishes that could pick up signals from the different dish farms dotted around the country for the early takers of the technology. And it is all credit to Hood and Rubery that when Comet approached Pace for an initial batch of 2,000 boxes at a much lower price than they were used to, they agreed. They didn't go along with what was then fashionable thinking that satellite TV would never take off big time.
Within months, Ferguson and a whole host of Far Eastern brands were beating a path to the Pace office.

[dlg3] 29/10/2017 23:54

bring on those electric vehicles, the grid is going to need huge amounts of storage...

[dlg3] 29/10/2017 23:53

Daimler must have wanted to upstage Tesla in the electric truck games, and took advantage of a world stage to do so.

The German vehicle giant announced Tuesday at the Tokyo Motor Show the E-Fuso Vision One, an electric heavy-duty truck it says is capable of up to 217 miles on a charge after hauling 11 tons. It’s part of a plan by the Mitsubishi Fuso Truck and Bus division of Daimler to electrify all of its large vehicles in the future, a solution for hauling companies in cities that are set to ban internal combustion engines.

[dlg3] 29/10/2017 23:28

grabster

"one of the greatest sectors to be invested in for the next ten years" IF it will remain big for ten years, then what is the rush... "I still need convincing that RedT is going to grab a big enough slice quickly enough" ..that is what was said of Pace Micro.... REDT will only require one huge contract and Centrica look a good candidate....

[alchemy] 29/10/2017 18:15

Dig3 "Currently visiting the UK!"

[grabster] 29/10/2017 18:06

Although I remain totally convinced that energy storage is one of the greatest sectors to be invested in for the next ten years, I still need convincing that RedT is going to grab a big enough slice quickly enough, and profitably enough, to justify holding more shares than I currently do. I am poised to buy more, but not prepared to do so just yet. I look forward to news that will prompt me to add.

[dlg3] 29/10/2017 17:41

Alchemy something along these lines...


Anesco is investigating how it could adopt flow batteries into future projects instead of lithium as a response to growing uncertainty around the future of storage de-rating in the capacity market, Clean Energy News can reveal.

The Department for Business, Energy and Industrial Strategy (BEIS) published a consultation in July outlining proposals to alter the current de-rating status of storage assets participating in the market to reflect discharge periods achievable by the batteries.

This would lower the rate from its current 96% to various levels depending of the assets‘ ‘energy limited storage’, which in the consultation varied between 30 minutes – assumed to be the usual capability of batteries currently in the capacity market – and four hours to address the potential length of a stress event in the UK.

As a result the business case around shorter duration batteries, which are often currently used to bid into the market, will likely be impacted.

Speaking at Solar & Storage Live, Anesco’s director of connections Daniel Cohen explained that the potential for this regulatory change has meant that the developer is now seeking out battery technologies with longer discharge duration potential.

“We're not just looking at lithium batteries which we use at the moment; we're looking at flow batteries because of [the] capacity market. It's all about how we're going to cope with de-rating so we're looking at batteries that can last longer than lithium to cope with that mechanism and contract,” he said.

[dlg3] 29/10/2017 17:31

Construction of WElink Energy’s 221MW Solara4 solar project has begun in Vaqueiros, Southern Portugal has begun.

The project is considered to be largest unsubsidized solar plant in Europe, which can generate enough clean electricity to power 150,000 homes for a year.

Southern Portugal has been chosen for the project because the region is said to have one of the highest solar irradiation levels in Europe.

The solar project is expected to include up to 850,000 individual modules and could create about 300 jobs during the construction phase. The project could be completed and connected to the grid by mid-2019.

[alchemy] 29/10/2017 17:22

Chris Goodall's weekly news sheet hasn't mentioned Vanadium storage in general , and therefore Redt, for some weeks now. It's still a great read. (Goodall wrote Switch , a must read imho). Inexpensive collateral is very easily available to us I suspect.I'd rather his sheet was a leading not a lagging indicator of our upcoming greatness. ------ Anyone any view as to what might propel us to the near-target of 22p and when we might get there? ------

[dlg3] 29/10/2017 17:16

Maria Skylass Kasacos advises a number of companies, I have mailed her a couple of times, she replies right away...she is on the ball...

[shavian] 29/10/2017 07:23

Scott's going to need some Vanadium electrolyte, especially if he's going to be renting it out to customers. I hope he's talking to these guys:



And look who is on their advisory board - the inventor of the VRB herslf:



Disclosure: I just popped some of these into my pension

[iglenn] 28/10/2017 19:27

My mind is just warping round how much this technology offers. Disaster relief, continuous connectivity, power available in the most remote places and environments, emergency backup (easy one) , stop paying my electric bill lol. The most important one.