Redt Energy Share Discussion Threads

[dlg3] 11/2/2018 19:51

Fire breaks out at Chinese factory that supplied Samsung Note 7 batteries
Materials that caught fire were lithium-ion batteries and some semi-manufactured battery products, Tianjin firefighting authority says

PUBLISHED : Wednesday, 08 February, 2017, 6:04pm
UPDATED : Thursday, 09 February, 2017, 10:25am
COMMENTS: 8

[dlg3] 11/2/2018 09:57

Even the oil companies know the end of fossil fuels is coming...... they know it makes sense even though they dont like it...

[dlg3] 10/2/2018 22:34

Belgium Li-ion ESS fire cause still unknown two months later
Published on: January 11, 2018 11:10 amBy: Jade Beevor


The cause of a fire at Belgium’s first grid-connected lithium ion battery energy storage park is still unknown two months after the incident, the park’s operator Engie Electrabel, a subsidiary of French utility Engie, has confirmed to ESJB.

The fire on November 11 occurred during the commissioning phase at the Engie Ineo battery container at the company’s test site in Drogenbos, near Brussels. The 6MW project was the first time an ESS was to be used for grid Frequency Containment Reserve services in Belgium.

[dlg3] 10/2/2018 22:28

London-headquartered oil and gas company BP has announced plans to invest US$500 million in low carbon businesses each year as it looks to further embrace the low carbon transition.

[alchemy] 10/2/2018 16:47

Ah I had surmised a soft launch for Gen 3 was possible, Cheek, thanks. I do like two way traffic. So keep going Owenski. I'll let you know when your Owenski Dip is over! And why. Lol Off to a concert. More on Monday I'm sure. Gla

[dlg3] 10/2/2018 15:41

take your time !!!!!

[dlg3] 10/2/2018 15:40

do you know who sold Regenesys to RWE???

[dlg3] 10/2/2018 15:39

In 1993, Unisearch also licensed Mitsubishi International
Corporation (MIC) and Kashima‐Kita Electric Power
Corporation for battery load‐levelling and PV‐development
applications. In 1998 Pinnacle VRB (Australia) acquired
the technology from Unisearch and licensed the battery to
Sumitomo Electric Industries (SEI), for use in Japan
(1999), and to VRB Power Systems, Inc. in Canada
(Vanteck VRB Technology Corporation) for deployment in
North America and Africa.
VRB Power Systems marketed an all‐vanadium battery
for RAPS, emergency power supply and kW‐scale to MW‐
scale load‐levelling and renewables support [10]. In 2004,
VRB Power purchased a licence to the ‘Innogy’ technology,
developed by Regenesys in the UK and based on the
bromine/polysulphide RFB (total $1.3 million). VRB
Power thus acquired the rights to the Regenesys flow‐frame
designs, assembly equipment and cell apparatus, which was
equally applicable to the all‐vanadium cell [70] (all interests
in the Regenesys RFB system were owned at the time by
Rheinisch‐Westfälisches Elektrizitätswerk (RWE) and
npower Plc., Germany/UK). In 2005, VRB Power also
acquired the commercial rights to vanadium battery
technologies owned by SEI.
VRB Power manufactured and installed the VRB‐ESS
(vanadium redox battery–energy storage system) range of
batteries, which had a typical discharge–charge range of
20–80%. An overall efficiency of 65–70% was claimed
for more than 10 000 cycles [71]. The company is
believed to have sourced vanadium from Highveld Steel
and Vanadium Corporation in the RSA (a subsidiary of
UK‐based, Anglo‐Amercian).
VRB Power continued to market the vanadium redox
battery energy storage system until February 2009, when
all VRB Power assets were sold to Prudent Energy Inc. (J.D.
Holdings, PRoC) [72]. Prior to this sale, VRB Power was
promoting the success of two kW‐scale installations
[71,73]. The first was the Utah Power (a subsidiary of
PacifiCorp) operated VRB‐ESS in Castle Valley, USA
(250 kW, 2 MW h) for load levelling, which was installed in
November 2004. The second installation was on the Huxley
Hill wind farm operated by Hydro Tasmania, supplementing
diesel generation on King Island off the Australian coast
(2003). The energy capacity of the latter is 1.1 MW h with a
continuous power rating of 200 kW for 4 h. Peak short‐term
output is claimed to be 400 kW for 10 s or 300 kW for 5 min.
The Australian project was financially supported by the
Australian Greenhouse Office.
As previous licensees to Unisearch and Pinnacle, both
Mitsubishi Corporation and the Sumitomo Electric

Corporation invested in all‐vanadium‐based RFB technologies
for application in Japan (Table I). Mitsubishi, (via
The Kansai Electric Power Corp. Inc.) installed and
trialled a 20 kW all‐vanadium battery at Kashima Kita
Power Station, which led to the operation of a 200 kW
(4 h) installation at this location in 1997 [52]. Mitsubishi
passed on the licence to Sumitomo and since 2003 have
invested in partnership with Cellennium (Thailand)
Company Limited [74].
Sumitomo have trialled batteries for kW‐ to MW‐scale
load levelling and power quality applications in office
buildings, universities and semiconductor factories (Table II)
and some details of the technical development have been
published (Table I). As of 2008, SEI had approximately
sixteen VRB systems operating in Japan for applications
including load levelling, power quality maintenance and
energy storage associated with renewables.
A recent practical example is the 6 MW h all‐vanadium‐
flow battery system installed at the 30 MW wind farm in
Sapporo, Japan [7] (Table II). In total, Japan now has a
battery storage capacity equivalent to approximately
250 MW, used in load levelling, power quality and renewable
energy applications [6]. A recently developed wind‐
farm battery storage facility incorporating an enclosed
34 MW sodium–sulphur battery energy storage facility is
supported by both a government investment subsidy and
a nationwide lead‐in tariff for renewables (¥20 [≈$0.2]
kW−1 h−1 added to the market price of electricity).
Leading up to the acquisition of VRB Power by
Prudent (a private company, backed by USA‐derived
venture capital), a significant amount of all‐vanadium
battery research was conducted in the PRoC. Details can
be found in publications discussing PRoC‐derived
developments on ion‐exchange membrane performance
[24,75] electrode materials/activity [76,77] and electrode
processes [78,79] from institutions including Tsing Hua
University, the Chinese Academy of Sciences, Central
South University of Technology, Peking University,
University of Science and Technology, Beijing, and
South China Normal University. Prudent is promoting
itself as a global supplier of stationary energy storage
solutions and has retained the original VRB Power
offices in Canada under the trading name of Prudent
Energy International.

[cheek212] 10/2/2018 14:05

I've met the CEO several times and I'm bullish. What I do find interesting about Owenski's posts are that he is only regurgitating the information that we have been telling him for months. It's always been common knowledge that there is likes to be another placing when the time is right and that Gen 2 machines have no profit margin but that is why Scott always said he didn't want to sell a huge amount of G2 but would continue to sell them in order to educate and seed the market which is what the business is still doing at a growing pace. He also said that there would not be an announcement when G3 was launched, they would just start using them so who knows! Maybe this has changed but we won't know until we know.

[cheek212] 10/2/2018 13:50

In April 17, REDT had 9 units in Production and deployed across the globe - by December 17 (8 months), that figure had increased to 54.During the same 8 month period the order book rose from 5 units to 43 units. Final stage customer selection also tripled from €6.5m to €18.3m and the active customer pipeline increased from €246m to €357m. This has all happened in an 8 month period whilst the business has actively been seeking new employees including the building of a sales team, and therefore not running at full strength. The main element of this growth over the past 8 months has actually happened in the last 3 months and so who knows what the business has achieved in the past 6 weeks since the figures were produced - could be nearer a hundred units now. The more machines that are produced and installed the better the coverage that REDT will get - has Tesla made a profit yet??

[owenski] 10/2/2018 13:47

Indeed Pug, and bothering to go to investor events and actually speaking to the company one can get get a perspective of where the company is in terms of product and business development.

Scott M is very knowledgeable in energy markets, storage solutions, and the politics behind it. Very interesting to be able to have a one to one interview with him.

For ex. He told me that the Aussie power outage problem that led to the Tesla installation was not a 'grid/generating/etc' issue, but a technical problem based on frequency mismatching, this then became a political blame game and a need to do something, and be seen doing something even if it's not required or the answer. Tesla has over capacity in Lithium and needed somewhere to offload it.

He also spoke quite candidly on storage capacity and what technologies were being used, all I'm saying is that this is still early days and an uphill road, plus RED are likely to raise funds again 'when the time is right'. I was actually quite surprised to see the percentage of hydro projects coming on stream.

RED is also involved in Lithium products, even with all the shortfalls - it still works, when the customer or project requires that as part of the solution.

Cutting and pasting from 1000 miles away doesn't make one an expert, sometimes legwork is required to meet these companies face to face.

The trouble with boards like this is; folks end up with a narrow perspective of whats happening in the real world and think that VFM and RED are the 'B'
all end all and the only game in town or indeed the only company in the field.

[pugugly] 10/2/2018 12:56

dig3: Problem with not updating research links !! Mitsubishi passed licence onto Sumitomo who are continuing to devlop (Vlly solly wong Jap coy)
See however


s
Both these articles support views expressed by others that Vanadium flow battery technology still has a lot of development work needed to become a must have commercial challenger to Lithium - Hence RED will probably need more than one further fund raising.

[alchemy] 10/2/2018 12:22

Meanwhile Tesla down big quantums two days running.

[alchemy] 10/2/2018 12:20

The basis of your bearishness seems to be you've met the CEO , Owenski . Took me a while to think that through.Meanwhile been adding .

[dlg3] 10/2/2018 12:16

It does say 2018 for delivery in 2019, so I would think that this means this year, the orders will be announced this year....

So I think i will get the same answer from Scott in person, saving me the 2000 mile round trip....

[dlg3] 10/2/2018 12:13

redT focussed heavily on market penetration within its core segments throughout 2017 with significant commercial traction gained as a result. During 2018, these segments will be further developed with the aim of accelerating volume orders for delivery and closing large projects for delivery in 2019. In parallel, our Generation 3 product development is well underway and expected to be launched during the year.

Scott McGregor, CEO, commented:

"2017 saw redT take a very clear and targeted approach developing three core direct customer markets and two partner markets which has built a very solid foundation for growth during 2018. The year to come will see further acceleration across these markets in volume sales of redT energy storage systems and the focused development of business opportunites for MW-scale projects to deliver in 2019. We are also very excited to be launching our 3rd Generation system this year which will further aid our drive for global market share."

[owenski] 10/2/2018 11:50

You need to actually make the effort to go and meet up with RED CEO dig, then you might have a better understanding of the whole storage market and where REDt are actually at, rather than basing your reality on wishful thinking gleaned from copious cut and pasting.

[dlg3] 10/2/2018 11:46

owenski how is LOL ...

[owenski] 10/2/2018 11:44

Indeed, lithium is still an entrenched technology.

[dlg3] 10/2/2018 11:43

they installed one VRFB through the Kansai Electric Power Corp in the early 90,s then never ventured further..

[dlg3] 10/2/2018 11:42

think you 2 boys are digging too far down in the barrel ...

[dlg3] 10/2/2018 11:40

PUGUGLY never heard of Mitsubishi being into flow battery,s, think the only reference I can remember about Mitsubishi was some time in the 90,s that is nearly 30 years ago...

[alchemy] 10/2/2018 11:24

Aluminium....que?

[alchemy] 10/2/2018 11:20

Admit? State - that is what they do.

[pugugly] 10/2/2018 11:18

owenski: I also understand that Mitsubishi who are supposed to be a world leader in flow batteries are using Lithium for Europe's biggest elecricity store