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https://soundcloud.com/user-596578261/vsa-capital-episode-6-larry-zulch-invinity-systems-redt
I understand that Scott McGregor is no longer with the company, yellowf1
I wonder what mugs bought the open offer! £155,231 raised when the SP struggled to rise above half that price.
Oops !
Mikemine - it might not be just a political disaster but also a health emergency if a large Lithium-ion baed energy storage installation caught fire. They do (23 sites have in the last couple of years in South Korea only)
This article shows the potential kill zone from such a battery fire in the UK:-
https://www.favershameye.co.uk/post/cleve-hill-batteries-included
2 things come out of that to me. Firstly, the standardisation of the batteries makes a lot of sense to me. It seems the logical thing to do if you want to get your prices down and they do need to come down. Its all very well saying that flow batteries against lithium over a 20 year period offer better value but most managers that make the purchasing decisions won't be with their companies, and maybe not in the industry, in 20 years. Secondly, Harper mentioned the fire hazard with lithium. Its not a major problem for lithium but it exists and as they say "If something can go wrong, it will go wrong.". The toxins released by burning lithium are harmful to humans (and probably animals) so siting them near, 2-3 miles, habitation is not a good idea I would have thought. This danger should definitely be highlighted in any presentation by RED and the comparison to the benign qualities of flow batteries made. This is more a planning issue but should made where energy farms near populations are considering including storage. It could affect the result of planning applications. The planners should also be made aware of the danger. Who wants to be the planning officer that OK'd a scheme which subsequently turned in to a political disaster?
Avalon RedT article published today
https://theenergyst.com/avalon-founder-flow-storage-can-be-much-cheaper-than-lithium/
Alfa, the more VRFB's that are installed the better!
Cowboy - here's what those who actually work in the field say about it:-
The grid is showing that it can adapt to this unprecedented situation as it makes use of flexible, domestic assets that are optimised to charge during low demand, even if these times are very different to normal.
https://www.current-news.co.uk/news/covid-19-and-flexibility-pandemic-to-change-established-and-expected-patterns
Hey Sbuild; https://www.ft.com/content/ba0899fb-7b57-47a0-b056-d01161939f6d
It looks to me, already fully understanding the market for VRFB, that the future for this business looks very good indeed. Energy storage has huge potential:
Industry analysts remain bullish on the global energy storage market growth. Bloomberg New Energy Finance predicts the sector will receive approximately $620 billion in new investment by 2040 with market growth projections at nearly 900 per cent. between 2017 and 2022. Against this background, VRFB is expected to capture around 18 per cent of a total addressable stationary energy storage market by 2027. This positive sentiment is supported by various intergovernmental organisations including the World Energy Council who view energy storage as “instrumental in the grand energy transition” in a recent report. BNEF expects energy storage to play a key role in enabling solar and wind generation to reach 80 per cent. penetration in certain markets across the world. As such, energy storage installations (excluding pumped hydropower) are expected to reach 2,850GWh by 2040 – a 122-fold increase in capacity from 2018 figures.
Following the merger between redT and Avalon, Invinity will be active across all major energy storage markets including the US, UK, Europe, Australia, South Korea and Canada.
The long term vanadium supply is easy through the partnership with Bushveld Minerals and Vanadium Financing Partnership with BMN was confirmed on the 9 March. The company announced it had concluded this agreement with AIM-listed integrated vanadium producer Bushveld Minerals to create a vanadium financing partnership, which the Invinity intends to utilise and provide the vanadium electrolyte for the previously announced ESO project. The Partnership, which will be owned by redT and Bushveld, will take the form of a special-purpose vehicle structured to hold vanadium, then provide the option to rent that material to the company’s current and future commercial pipeline on a project by project basis. Within this framework, Bushveld has made an initial commitment to supply vanadium for approximately 15 MWh of VRFBs. This reduces the capex costs for the VRFB and makes it very competitive compared to Lithium-Ion especially looking at the life of the system.
The upside potential for the long term for Inivinty will bring huge scale and lower costs. redT’s expertise in energy project analysis has enabled the Company to find viable projects even with production costs which were higher than those of Avalon’s VRFBs. Combining Avalon’s product cost advantages and redT’s project analysis expertise, significant new commercial opportunities are easier. A number of projects initially targeted by redT that was not pursued before as they didn’t have sufficient returns, however favourable economics when using Avalon’s product costing. Add the breadth of geographic coverage (adding North American and Asian markets to redT’s current focus areas of UK, Europe, Africa and Australia) by the merger, it looks very exciting.
Hey Sbuild, how's the grid holding up in your area??
When we return, there will/needs to be a concerted effort to accentuate the positives of our offerings!
Once installed Solar/Wind/Tidal/Diesel mixed with Flow Batteries!
will be easier to install....maintain.....and cost effective over the long term!
Our hope is that we get a chance to succeed........in what we are going through right now looks bleak.....investors must look beyond the now......the government will “have” to stimulate the economy, may be we can have a slice to get this moving !
Have held now for over three years...... could have jumped ship many times...... and it will need a real upsurge to get close to my average....... but always thought it must be the future when first investigated the sector!
Good luck to all....... we will need a positive break in the coming months!
PC
still on the rise and only a week to go
We have another week of the SP creeping up to the placing 1.65
Wow closed over the 1p mark next week looks like it could be on fire
A few snippets of quality information from the article!
The electrolyte can be re-used ad infinitum, as vanadium in the electrolyte is recovered and re-used later for other applications including as a strengthening alloy for steel.
The batteries are also appealing due to their non-flammable, non-explosive nature, and their complete lack of degradation due to cycling, partial charging, or time with a 100% depth of discharge. These batteries are projected for a 20-year lifetime.
The VRFB technology’s complete lack of “thermal runaway” risk—the risk that causes a fire in a battery, inherent in solid-state batteries.
All the above really highlighting all we have been trying to showcase for Flow!
Just need to get the world virus free to allow the concept more readily accepted in the energy markets!
Keep safe!
PC
Raz10
Posts: 515
Copied fron BMN board great read.
New York Setting the Pace for Accelerated Growth in Renewable Energy, with New Battery Tech
Today 12:25
https://www.oilandgas360.com/new-york-setting-the-pace-for-accelerated-growth-in-renewable-energy-with-new-battery-tech/
Bizarre timing to relist, couldn't have timed it worse. Looming 50 to 1 Consolidation never goes well for PI's will ensure the open offer is unfilled, then there is that name! Hopefully some good news soon to settle the general market down.
Doomed from the start...
0.85 now. Half the subscription price, more or less.
No
Sorry to be so slow but has the 50:1 consolidation already happened and calculated in the SP?
Can someone tell me why people would subscribe at 1.6p/share when it's only 1.2 now?
Welcome back friends !
The stationary energy storage market is set to be huge in the next decade and we fully expect VRFBs and Invinity to make its mark.
https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-414
https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-415
https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-416