GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
High Energy prices ,No good for E V sales .
Hergé's Adventures of.........
Ans: Common sense ?
Question for my amazing EMH co-investors who are very wise in the ways of science (although slightly annoyed that we ain't gajillionaires yet):
What do EVs, EVTOLs, solar panels, wind turbines, hydrogen fuel cells, tidal power generators, laptops, smart watches, cell phones, portable hand tools, and even intercontinental ballistic missiles (ICBMs) all have in common?
Hint: There is a massive shortage right now, and it's only going to get worse before it gets better.
Tidal is making slow moves in the UK. We have had the SIMEC-Atlantis project operating at pilot scale in Scotland for a while. But the barriers have so far been down to cost. The revolutionary cost reductions seen in offshore wind farms simply mean that offshore wind is currently 3x cheaper than tidal, where even the hardest minds would agree that market is hard to ignore.
In the latest government CFD round they did allocate £20m per year to developing several tidal projects, but the Welsh barrage ideas have been complicated. As a proud Welshman myself, my gut feeling is that the politicians, bankers and construction companies really hammed up the project requirements and costs. When they started adding on a cycling racetrack, "floating eco homes" and arts gallery, you had to wonder if this was a power plant or a tourist destination for Guardian readers..
Berry said contracts will be less focused on fixed pricing, but will have floors and ceilings built in to protect both producers and consumers. I would also think that while contracts may trend longer in duration .Lithium prices are at all-time highs with no signs of losing steam .
https://investingnews.com/what-consider-lithium-beyond-prices/
Hi Colin, actually the Swansea tidal lagoons would cover electricity for Wales with outgoing tides ; while the original barrage (spanning between Wales and England and two-way generating on both incoming and outgoing tides) would generate 10% of the UK's power requirement. There was a general "we can't afford it" excuse given yet as to why it was shelved.
Big plans for EU energy strategy and the new tech (Battery materials ?) coming in May. Very encouraging noises coming des chefs d’etats.
Agree colin,I often think why the UK has dragged its heels on tidal power . Tides regular twice a day, while wind and solar are weather dependent . Coupled with lithium battery storage, tidal projects could make a significant difference in the energy mix. Water having approx 800 times the density of air ,so a comparable velocity water current would produce significantly more energy than a wind turbine of the the same sweep area.
Tidal energy could make a useful contribution in the UK. The Severn Estuary could potentially produce enough electricity for the whole of Wales.
Heading towards Fusion (not Fission) - also easy to drill for geothermal - anywhere - wonder what highest temperature seen in the Cinovec mine complex - perhaps heat exchangers using renewables to start the cycle of perpetual energy source could help with ESG to become EVEN MORE acceptable.
Energy should become a free commodity to all - with only 1 caveat - introduce human population management of our significantly increasing selfish species - thevenusproject.com has some rationale.
Lithium is great for STORING energy. But only fossil fuels and nuclear can GENERATE energy right now. It is either fossil fuels from the US or Canada or nuclear in the EU. The EU has to figure out how to best generate the energy. Lithium won't do it. Given the CO2 emission standards, I guess is that they will go with nuclear and push renewables (solar, wind, etc.) to replace nuclear as fast as possible. Of course, all of this is good news for lithium suppliers.
..from a competitor of course..
https://twitter.com/HC_Haplo/status/1501905441361588229?s=20&t=KynJgS2hUUXckM0sbPTssg
EUROPE’S EV GIGAFACTORY CAPACITY PIPELINE GROWS 6-FOLD TO 789.2GWH TO 2030
https://www.benchmarkminerals.com/membership/europes-ev-gigafactory-capacity-pipeline-grows-6-fold-to-789-2gwh-to-2030-berlin-summit-to-dissect-battery-megatrend/?tw
There is going to be a major realignment of energy production in EU. This will make Europe more self sufficient but they are still reticent on nuclear do not understand it. Lithium is now a strategic material you would think they would get a jog on???
Totally agree, Sivad. To achieve its carbon emission goals, the EU needs to push nuclear energy to generate the electricity needed to power EVs and other energy needs. Where nuclear is lacking, then fossil fuels from the US and Canada is required, because those two countries are reliable in terms of EU's national security. That is really the only logical path forward until renewables are able to stand on their own. I think this is the only path forward, and even the tree huggers will realize this or will be pushed aside as irrational players. Of course, whether the EVs are recharged with US/CA fossil fuels, EU nuclear energy, or renewables, the EVs will still need lithium to store that energy at the end of the day.
Tsibis no worries, I could see you were trying to illustrate a point on EIA timeline and I had something constructive to offer from experience. It's others choice to research further or respond in kind with questions, or as you say, ignore the facts and focus on endlessly revising fag packet calcs.
Anyway, I'm saddled in like the rest of you so let's hope Maros is true to his word and we get some movement across the board with EU Raw materials as we're all undervalued to US/AUS peers.
Starfoxx mate, thanks for the SAV EIA timeline. I think you're wasting your time through, because with the exception of a couple of people in here they will bypass it as insignificant. They are so blinded here that they can't see the reality of things.
Further to the below EIA can dictate location/orientation of plant or logistics. An accurate DFS therefore needs input from the EIA.
This, imo, is why offtake news is absent from EU lithium mines. China/America are investing in Africa where there's less red tape. EBA commission have stated we need fast track permitting to resolve this but that doesn't deter from the baseline surveys required. Key question for KC then is what has been done to date?
Re EIA timeline below is what we've experienced at SAV. Almost 12 months from declaration of conformity. EMH haven't yet concluded their reports to achieve conformity so 12 months is a fair, possibly optimistic, estimate.
The greatest risk is the Espoo Convention as that supercedes any national legal framework/time line. Portugal for example state a decision must be given in 100 days otherwise it's deemed approved. The Espoo Convention has overwritten that law and we're far past that threshold awaiting information from Spain.
Unknown impact on the Eastern Ore Mountains which has protected species is just one example of the risk here.
SAV EIA;
16/04/21 EIA conformity
22/04/21 Public Consultation Starts
16/07/21 Public Consultation Ends
17/07/21 EIA Assessment
17/07/21 Transboundary Assessment (Espoo Convention
??/??/?? Decision
Tsibis - I do tend to agree with you here.
My optimism got in the way of reality; The DFS has already taken 23months, despite an 18month timeframe. The funding needed to be in place by July 2022.
SMS are supposed to be top draw and more than capable so why the delay?
Both of these are now later this year, apparently.
The offtake was meant to be 12months ago!
I cannot help but feel that the management have no clue in how to get the business going.
I would have replied but I'm not that arrogant
A fast refresher for everyone here that doesn't understand what they read.
Will means that something is definitely going to happen, or you are definitely going to do something.
May means that something might happen or you might do something.
Would is usually used when something isn't quite certain, or something will happen if something else does, or you will do something if something else happened. Or something didn't happen, but it would have if something else happened/didn't happen.
It will snow today - It is definitely going to snow today.
It may snow today - It could snow today, but I'm not sure.
It would snow today - It would snow today, but it's raining instead.
And next time make sure you understand what you read, I said this by itself, meaning the EIA can take up to 12 months from where we are at the moment. I didn't give any timelines. Which part of the "it may take up to" you don't understand? Did I give an exact date? My opinion is that "it may take". This means that I speculate. I didn't say I know for sure it will take 13 months, I said it may take up to 12 months. You are getting old mate and you need probably a refresher on the English language.
I never said I did. I always said that's my opinion. It looks like you have that crystal ball that I was looking for. Only that it might have been a bit blurry when you were screaming last year that an offtake is coming in the next couple of months. That you know because you talk with KC. Tesla, VW and Northvolt were all lining up and you were trying to discredit everyone else that had a different opinion. Keep looking at that crystal ball of yours. You know everything only that you have failed too in everything that you have said so far exactly alike KC 's timelines.