Member Info for Alfacomp

Lionel - it is not a flow battery

Agricore - someone has published the comparative total cost of ownership for vanadium flow batteries versus lithium ones.

That someone is Lazards Merchant bank and is reference in Mikhail Nikomarov's presentation last year on page 29

The ATM board can do nothing about AIM - it is AIM that should be holding its head in its hands - they've allowed too many BS companies to float in the past which, together with the ability for market makers to hold naked short positions for extended periods of time has completely destroyed faith in the market.

If this we NASDAQ ATM would be 5-10 times higher SP than currently where it is.

HAs it breached the previous record set in November yet, and if so what will stop it if it does ?

Graham - the thing about wind is that the power generated increases strongly with the wind speed - and the strong wind speed days are relatively rare (for very high wind speeds the turbine may actually be locked for safety).

As a result a wind turbine is essentially something that can be modelled as a generator that is randomly on at full blast 35-40% of the time and off the rest of the time. If you are to couple this to a green hyrdrogen electrolysis system you have the option of building an electrolyser with 100% of the windfarm capacity but which is off 65% of the time - this cost can be reduced by 2/3rds if instead you interpose a battery system in between the two so that the battery averages out of the windfarm variability and presents the (much smaller and cheaper) electrolyser with a stable average power - that way you are sweating the electrolyser asset 100% of the time not 35% of the time.

Green hydrogen fanboys ignore the cost of their machines as so for them it is a simple story to claim that you simply have to hook up the windfarms to electrolysers and the job is done. When you take into account all the platinum in those electrolysers then you discover the real economic story is somewhat different and a smarter approach to the energy storage is needed.

A recap on Garnet Commerce Ltd in the thread below.

Currently Garnet Commerce Ltd is liable for dissolution ( https://albertacorporations.com/garnet-commerce-ltd ) so I find it strange that such an entity would engage in active litigation. I wonder if anyone has told our North American associates that we don't do business via the courts here.

knutsford - well of course higher oil and gas prices doesn't make the sun or wind more expensive - it's an interesting question as to how one particular energy source gets to dictate the cost of electricity right across the board, even when you are supposedly with a supplier such as Shell who claims their energy is 100% renewable ( https://www.shell.co.uk/shell-energy.html )

The reason that gas effectively determines the price of electricity in the UK is down to the fact that it is the thing that needs to be switched on when the wind is not blowing and the sun is not shining - the generators who use gas therefore have to charge increased prices, and it seems that in this genius thing that is called an unregulated energy market the cost of energy generated by wind or PV also goes up - I wonder who is creaming that profit ?

However the point I am making is that this dynamic is ENTIRELY down to the fact that energy from renewables is intermittent and currently not stored. If it was mandated that PV and wind generators HAD to provide sufficient energy storage that they could emulate average UK consumption profiles and were paid to meet those profiles then the gas tail could no longer wag the entire dog.

has not even happened yet in this country:-

"I think there's a growing recognition within government that they want something to fill that medium to longer duration energy storage"

Imagine what will happen to the share price when it does. Thank your lucky stars that you read this and were able to get into Invinity and the VRFB industry at basement prices.

https://www.current-news.co.uk/blogs/how-investors-and-policymakers-are-taking-note-of-the-need-for-longer-duration-energy-storage

has not even happened yet in this country:-

"I think there's a growing recognition within government that they want something to fill that medium to longer duration energy storage"

Imagine what will happen to the share price when it does. Thank your lucky stars that you read this and were able to get into BMN and the VRFB industry at basement prices.

https://www.current-news.co.uk/blogs/how-investors-and-policymakers-are-taking-note-of-the-need-for-longer-duration-energy-storage

I take it you are not Japanese Mikinaman.

Agricore - a direct comparison between Vanadium Pentoxide and Lithium Carbonate prices is misleading because for one thing the amount of Lithium in a Lithium-ion battery is surprising small.

This article reveals just how difficult it is to get real numbers out of the hypefest that is the Lithium-ion industry ( https://www.linkedin.com/pulse/how-much-lithium-li-ion-vehicle-battery-paul-martin/ ) - the best number that he can come up with is 160g of Lithium metal per kWh of energy storage.

Given that the advertised energy density of the highest energy density (NMC) Lithium-ion batteries is around 200 Wh/kg this makes each 1kWh of energy storage weigh in at 5kg - some 31 times as much as the Lithium contained. The lithium is only 3% of the total battery weight - the point is there is a huge amount of other materials - Nickel, Manganese, Cobalt, Graphite etc contained in a Lithium-ion battery, all of which requires their own supply chain and complex processing to cook together into a complete Li-ion battery assembly.

Vanadium electrolyte is by comparison a walk in the park, you can make it in a bathtub.

Faramog - the energy necessary to liquify hydrogen for transportation at large scale is not insignificant.

For 1kg of Hydrogen this can be 6-12 kWh of electrical energy ( https://www.idealhy.eu/index.php?page=lh2_outline ) . Let's call it 9 kWh on average.

When you take into account that the theoretical thermal energy contained in 1kg of Hydrogen is only 33.3kWh - if a fuel cell was used to turn this into electrical energy then you'd get about 60% efficiency - so around 20 kWh of electrical energy out.

To generate 1kg of Hydrogen in the first place you would have had to put 39.4 KWh of electrical energy in.

Thus the overall efficiency is :- output/input = 20/ ( 39.4 + 9 ) = 41.3% efficient (18.5% of the loss is due to liquification) neglecting any further loss due to the energy expended in transporting the liquid or cryogenic boiloff.

So charging a battery and transporting it across the oceans (90% efficiency) may not actually be that bad if the job is simply to store and move electrical energy from port A to port B.

another $2M+ in Baltimore landed yesterday, thanks as usual to Paludina

HL are not an institutional investor, they are a platform holding shares for PI's

fatbanker - it is not a question of MUST having done anything wrong - there is nothing stopping them going through with the original plan regardless of the legal action undertaken by the canadian chap. I doubt the penalty fee will be waived by BMN.

So now there are at least two commercial ship builders that are working on VRFB vessels - portliner, who are closely connected with Cellcube/Enerox, and now also Conoship/Vega who are working with VanadiumCorp, who of course don't yet have a source of Vanadium.

I wonder how many more there will be.

superzero - you neglected to mention that whilst Hao Yuan Sheng's percentage stake has fallen they have not sold a single share and the 'fall' is simply due to general dilution.

and a happy new year to everyone

BMNfan - I think he will do it as soon as he is able.

robizm - in fact one of the existing old mines, which is flooded, has plenty of water in it - and in fact was used for the swimming leg of the last Triathlon that Afritin sponsored in Uis