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Calamari yes potentially dangerous, what you fail to understand is on a grid scale storage level these things burn worst than having an oil refinery on your doorstep infact they will actually burn under water also the gases given off are similar to sarin gas , when news fully hits the masses about the safety they will drop lithium like a stone. For the record I actually had a large bonfire burning rubbish last week at my parents house and put a lithium powered lamping torch on . Jesus it literally was like a bomb going off !! Basically if you’ve got lithium grid storage near residential you will get a lot of casualties full stop. Remember what happened to Samsung phones on planes , banned!! The same will happen here, public safety is becoming more president by the day
'Calamity' spent a long time on the Eua board yesterday trying to start a series of arguments.
So much so that a few of the board members eventually had to filter him.
Just ignore Guys,..He is just trying to wind you all up.
Ask why Calamari, who with a track record of trolling BMN and then being Uber positive (remember his 'just wait for the dividends' schtick) is posting like the proverbial Duracell bunny this weekend to try and talk down VRFB, trying to get anyone to bite on his spurious narrative.
It's so pathetic what these trolls will do for a few cheap shares.
Good luck to anyone who engages him. He doesn't want a genuine conversation. He's a textbook troll and nothing more.
Not sure I understand your point Cala. It would be like saying 95% of planes were powered by propeller engines in 1945.Jet engine development was advancing and about to revolutionise the air industry. VRFBs seem to offer huge new advantages. Pumped water storage is about to go the way of the propeller engine.
So Calamari, lithium batteries are they potentially dangerous or dangerous?
This is where the rental side will be so important.
Offer the product to the customer at an attractive short and long term price and they won't give a rats a$$ which element is in it, even if they've 'heard' of lithium batteries but not vanadium.
You tell them it costs 'x' per month for 'x' amount of time and is the safest option going, as long as it's within their budget, we're in.
Bushveld has worldwide contacts now, this thing is still gonna be great folks - PI's are elsewhere is all, hence the SP. They'd rather chance their arm at pharma or gold or Boohoo or god knows what else for the time being... and bluddy good luck to them. It's not for me but I'm busy with other stuff ATM.
Chin up all holders, we're 18 months (IMO) from record production and a finished electrolyte plant.
Only thing I don't like is they've max'd out the credit card, I assume this will go back to the mill at some point though, I 'get' the need for liquidity.
Good weekend all!!!
PS: Can someone at Bushveld tell FM not to start every interview answer with the word 'look' - drives me mad! Lol
Peace
calamari has always been negative so nothing new there
'expensive and unpopular'...
Really. The Chinese might tend to disagree. Please present your LCOS comparisons that prove that point. And remember to use current data.
So very disingenuous and predictably tedious.
The Hill - 'Court upholds regulation boosting electric grid storage.'
If this is going ahead under Trump you might be able to imagine the money that will go in under a President that does not bow at the feet of rich oil men.
https://thehill.com/policy/energy-environment/506780-court-upholds-regulation-boosting-electric-grid-storage
Background
In order to reach the goals of the Green Deal and the Paris Agreement on climate change, the European energy system will need to become carbon-neutral by the second half of this century. However, while renewable sources of energy are key to achieving this, some of the most important renewables are not always reliable: solar and wind power output depends on the time of day, the seasons and the weather. As the share of variable renewables increases, energy storage is playing an increasingly important role in bridging the time lag between energy production and energy consumption.
The European Commission estimates that the EU will need to be able to store six times more energy than it does today to achieve net-zero greenhouse gas emissions by 2050.
https://www.europarl.europa.eu/news/en/press-room/20200706IPR82726/boost-energy-storage-in-the-eu-to-help-spur-decarbonisation
As energy from renewable sources is increasingly part of the European energy mix, MEPs propose ways to step up storage solutions such as hydrogen or home batteries.
In a report adopted on Friday with 556 votes to 22 and 110 abstentions, MEPs outline their strategy for energy storage, which is set to play a crucial role in reaching the goals of the Paris Agreement on climate change.
Lead MEP Claudia Gamon (Renew Europe, AT) said: “Energy storage will be essential for the transition to a decarbonised economy based on renewable energy sources. As electricity generated by wind or solar energy is not always available in the quantities needed, we will need to store more. Apart from technologies that we already know work well like pumped hydro storage, a number of technologies will play a crucial role in the future, such as new battery technologies, thermal storage or green hydrogen. These must be given market access to ensure a constant energy supply for European citizens.”
Green hydrogen
Parliament calls on the European Commission and member states to remove regulatory barriers that hamper the development of energy storage projects, such as double taxation or shortcomings in EU network codes . The Trans-European energy networks also need to be revised in order to improve eligibility criteria for those wishing to develop energy storage facilities, MEPs say.
They also highlight the potential of hydrogen produced from renewable sources (so-called “green hydrogen”), and call on the Commission to continue supporting research into and the development of a hydrogen economy. Support measures could help to reduce the cost of green hydrogen and make it economically viable, they say. The Commission should also assess if retrofitting gas infrastructure to transport hydrogen is possible, as the use of natural gas is only of a transitional nature and should gradually diminish.
Batteries made in the EU and new storage options
Parliament also supports the Commission’s efforts to create European standards for batteries and to reduce dependence on their production outside of Europe. The EU relies heavily on importing raw materials from sources where extraction degrades the environment. This should be reduced through enhanced recycling schemes and by sourcing raw materials sustainably, possibly in the EU.
Finally, MEPs propose ways to boost other storage options, such as mechanical and thermal storage, as well as the development of decentralised storage through home batteries, domestic heat storage, vehicle-to-grid technology and smart home energy systems.
https://www.theguardian.com/australia-news/2020/jul/10/nsw-government-says-renewable-energy-zone-in-new-england-could-power-35m-homes
The New South Wales government aims to back renewable energy plants in the New England region with the capacity to power 3.5m homes, with the state’s environment minister saying enough will be built to replace most of the state’s coal-fired power stations earlier than scheduled...
https://www.google.co.uk/amp/s/www.greentechmedia.com/amp/article/pacificorp-opens-4.3gw-renewables-and-storage-procurement
PacifiCorp has begun soliciting bids for up to 4.3 gigawatts of solar, wind and battery storage projects, part of a massive clean-energy growth plan that will open the utility's six-state territory to third-party renewable energy developers....