Redt Energy Share Discussion Threads

[dlg3] 12/2/2018 21:11

Bringing together the energy storage research community, inspiring future collaborations.


UKES2018


Urban Sciences Building,
Newcastle University

ABOUT UKES2018
The Energy Storage Research Network (ESRN), the Energy SUPERSTORE and the STFC Network in Battery Science and Technology, all funded by the Engineering and Physical Sciences Research Council (EPSRC), are hosting the fourth UK Energy Storage Research Conference (UKES2018), providing an inclusive platform for all researchers in Energy Storage to present their work through talks and poster sessions. In line with the ethos of the Energy SUPERSTORE, the conference endeavours to bring together researchers from academia, industry and policy across the whole field of energy storage, inspiring collaborations for future research.

[dlg3] 12/2/2018 16:43

defensive no!!! but I would be the first to sell if I did not believe the story....at the end of the day anything could happen, but the story so far looks good to me.... you have gardeners to do the garden, I just prefer to look how beautiful they make them...

[dogrunner11] 12/2/2018 16:41

DLG’s knowledge is outstanding on this stock, keep sharing the information I say.

[brucie5] 12/2/2018 16:36

I think most here are likely to have diversified folio, and I find your tone a little defensive. You don't need to post on RED all day for me to believe it's an exciting investment! May I suggest you go off and do some gardening. There's still some sun out there.

Keep up the good work.

[dlg3] 12/2/2018 16:31

Brucie5 nor would I.....mortgage my house......but if you hold and believe it will not make it, then that makes you a fool.....

[brucie5] 12/2/2018 16:26

dlg, calm down, you're making me nervous. If this comes good, all well and good, but I wouldn't mortgage the house on it.

[dlg3] 12/2/2018 15:25

can you imagine, electric heating, charge your electric car, all from one source in your back garden, powered by solar on the roof, with a small 2kw wind turbine to top it up.....saving customers £1,000,s in electricity and gas costs, no need for a gas boiler, cutting those fossil fuel emission down, instead a Heat pump of say 4kw returning you 19kw, if the houses are insulated well enough this will be ample for a 3 - 4 bedroom, my heatpump copes very well with 3300ft of floor space, but does have the advantage of a more favourable climate, but saying that it is only 2.4kw...

water heated by solar, topped up with renewable from the battery store, and the beauty of flow battery,s is they will remain there for 25 years....

then top up you car while there is surplus energy being produced or overnight and use the car as an extra buffer for the system....

sounds to good to be true.....but it can be done !!!!

[dlg3] 12/2/2018 15:09

there is one sat outside a house in South Africa, it does not take up much room in the garden........so space could be allocated when planing details are submitted....so could well be a must have product full stop...

[dlg3] 12/2/2018 15:07

As for must have consumer product you are quite at the moment, but it will be a must have utility and commercial product.......but in the future every new house may have one...

[dlg3] 12/2/2018 15:00

How much does it take in staff to sell £50,000,000 in Iphones? one person can sell a £50 million project..... that is the size of a Tesla Australia project..

[dlg3] 12/2/2018 14:55

owenski you are quite right this is not Apple, but an Iphone costs around £700, REDT,s contracts can run into Millions £££;£ so you are quite correct...not desperate and also not stupid, but someone that posts constantly on a BB without have an interest, well what more can one say!!!!

[owenski] 12/2/2018 14:19

This isn't Apple and it's not a must have consumer product with similar pricing structures, global retail network and infrastructure.

You sound desperate trying to compare different business models and saying the outcome for one will be the same for the other.

[dlg3] 12/2/2018 13:51

where did Apple start, was it not in a garage with 3 friends????? well looks like acorns can grow into huge oak trees...

[dlg3] 12/2/2018 13:32

all depending on ones time-scale !!!!! if it involves 1 week or 1 month then you may be disappointed.....

[dlg3] 12/2/2018 13:31

so by my reckoning REDT if they have thing right should be about to launch into orbit fairly soon....

[dlg3] 12/2/2018 13:30

jamonit does this one ring a bell??? it is only 7 years ago they had a low share price .

On January 9, 2007, Steve Jobs announced iPhone at the Macworld convention, receiving substantial media attention. Jobs announced that the first iPhone would be released later that year. On June 29, 2007, the first iPhone was released.

[dlg3] 11/2/2018 23:58

Scott McGregor, CEO, commented:



"We welcome today's report and believe this is a positive step forward for the UK's energy storage industry, as it shows there is a growing need for more flexible storage options, such as our patented liquid energy storage machines. We are proud to be the first Company to have deployed a fully flexible storage platform in the UK, which provides the full range of grid services and is potentially saving the customer up to 50% on grid imports during peak times. The UK market is a key of focus for us, as energy storage has become economic and we are now able to deliver attractive returns for our customers."

[dlg3] 11/2/2018 22:35

If 2017 marked a price tipping point, when customers began to realize the benefits and economics of energy-saving technology, McGregor believes 2018 will be dedicated to delivering all the orders the company has received. 2019, he says, will be the year of the mega projects.

“Lithium is great for cars, computers, mobile phones and so on, but in terms of national grid storage it can only play around the fringes,” says McGregor. “The only reason we haven’t yet had battery storage en masse is the price.”

And that reason, McGregor believes, is no longer valid.

The boom years await.

[dlg3] 11/2/2018 22:31

“People have the same idea with storage — that it’s just storage. But they need to compare the technologies, because they’re not all right for every application.”

So while other technologies are tapping this potential and also providing storage options, they can’t compete with the cost, life cycle or performance, RedT’s market communications official Joe Worthington says.

“We look at the price over 25 years,” he says. “If you factor in everything — inflation, depreciation, operation, maintenance, replacement — we are significantly cheaper than lead and lithium. That’s how project developers are looking at things now, the kilowatt hour cost.”

At the moment, the go-to technology for storage appears to be lithium-ion batteries, but as McGregor says, they only provide 15-30 minutes of power in the event of a black-out. His machines can store much more than this.

One such project is the Olde House, in the southwestern English county of Cornwall, where 1MW of the RedT machines have been installed at a 600-acre farm-cum-holiday apartment complex though the utility Centrica.

[dlg3] 11/2/2018 22:27

Scott McGregor, CEO of the UK-based RedT Energy, says he knew 17 years ago that vanadium flow ‘machines̵7;, as he insists on calling his energy storage systems, would become commercially viable one day.

He just didn’t know when.

“We’ve been waiting around for various macro factors to fall into place,” he says. “Solar prices had to come down to make it economically viable. And they’ve come down — in fact they’ve only started to come down as there’s still a way for them to fall. Then power prices had to go up, which they have. In Australia, where we have cracked the market wide open, they are extremely expensive.

[dlg3] 11/2/2018 22:26

"The Vanadium Redox Flow battery is considered to be the most developed technology and is emerging as another storage option. It is estimated to reduce cost from $300-$500/kWh."