The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
"There are not enough minerals in currently reported global reserves to build just one generation of batteries for all EVâs & stationary power storage."
--Simon Michaux, Geological Survey of Finland
https://twitter.com/aeberman12/status/1558804012572545024?t=pMi2_nrQU2SoJ27XcZIqOw&s=19
From the `Time to Discussâ document
https://www.gtk.fi/en/time-to-wake-up/time-to-discuss/
The figures show clearly that the lithium ion battery solution for power storage stations will not work. There are not enough minerals in current global reserves, and there is not enough time or capacity to explore and discover the required additional volume. This is a problem as lithium ion battery power stations were the favored solution to mitigate intermittency of renewable power generation.
Letâs discuss. Basically, the current paradigm is to focus exclusively on lithium ion battery chemistry, to the exclusion of all other possible chemical systems that could be resourced with different minerals. There are many examples of alternative systems like vanadium or sodium chemistry battery systems being presented conceptually, but when it comes to the serious development of large-scale applications, for the last 5-10 years, the focus has been Li-Ion batteries. Is this the sustainable choice or should multiple different batteries chemistries be developed in parallel?
https://www.pv-magazine-australia.com/2022/08/13/weekend-read-flowing-into-the-lithium-supply-gap/
Chinese #vanadium prices strengthen on higher offers from major producers dashboard.fastmarkets.com/a/5107088
https://twitter.com/andreahotter/status/1558089655203110912?s=21&t=eDMCUAtcN6TuG2OP0VRIwA
Cellcube - G&W Electric Microgrid update time lapse - 2022
(I understand the Microgrid is due for completion this October)
https://youtu.be/t4Uia-nP6dY
https://www.gwelectric.com/microgrid/
Also a Tweet from Cellcube this afternoon
https://twitter.com/cellcube/status/1554093682818777091?s=21&t=CCbrIruXxTfZAxFTEg0n6w
BRR Media
Fri, 24 Jun 2022 09:20 am
Fortune Mojapelo, CEO of Bushveld Minerals announces that funding has been secured for their mini-grid project at the Vametco Vanadium mine and discusses the significance of this for the development of Bushveld's broader strategy. We also discuss the outcome of the completed technical studies and the next phase of the Company's growth plans.
https://www.brrmedia.co.uk/broadcasts-embed/62b47ffa70c5043df1acfe7e/event/?partner=10bmn#
NESA Power
https://nesapower.com/
NESA Investment Holdings
https://www.nesacapital.co.za/
https://kibo.energy/wp-content/uploads/Kibo-Corp-Pres-Q2.22_V2.2_100622.pdf
Daily Maverick Just Transition Op-Ed
Mark Swilling Professor of Sustainable Development @ Stellenbosch University
https://www.dailymaverick.co.za/article/2022-05-29-ong-and-short-load-shedding-solutions-call-disaster-harness-power-wind-solar-energy/
âIf the problem is tackled realistically, purposefully and urgently with a coordinated emergency plan partnering Eskom and civil society, it is technically and financially possible to end load shedding within 24 monthsâ
âenabling flexibility for a grid that transmits variable renewable energy so that demand can be met at all times will mean building 33GW of battery storage (ideally, over the long-term, vanadium- rather than lithium-based because we have vanadium in South Africa, but no lithium), and 30GW of gas backup for occasional use when supply cannot meet demand (ideally using green hydrogen which we can produce in abundance and not natural gas, which we donât have); at an estimated cost of $50-billionâ
Audio Interview with Prof Mark Swilling
Afternoon Drive with John Maytham
https://omny.fm/shows/the-john-maytham-show/the-long-and-short-of-load-shedding-solutions-time
Making Climate Capital work:
Unlocking $8.5bn for South Africaâs Just Energy Transition
https://static1.squarespace.com/static/5acdc066c258b4bd2d15050b/t/628e373f28dafe216b114042/1653487452874/Making+Climate+Capital+Work+-+FINAL+REPORT.pdf
Storage to support grid stability:
âBattery storage: Installation of 0.5 GW of storage capacity per year to 2035 when installations increase to 1.5 GW per year or more through 2050. Total required battery storage capacity installed from 2022-2050 estimated at 33 GW with an investment of ~$18bnâ
@ superzero8
I think ownership of Cellcube is as follows. Happy to be corrected though!
Enerox Holdings (EHL) own 100% of Cellcube
Us & them.
50% of EHL (Them)
Garnet Commerce 40% (20% Overall of Cellcube)
Alberta Trust Fund 10% (Mr. Peterson - 5% Overall of Cellcube)
Other 50% of EHL (Us)
VRFB Holdings (VRFB-H) Comprising of
BE/BMN 50.5% (25.25% Overall of Cellcube)
Acacia 27.4% (13.7% Overall of Cellcube)
Mustang 22.1% (11.05% Overall of Cellcube)
Garnet v VRFB Holdings
(VRFB Holdings won & are now in control) Everything counts in large amounts.
https://filedropper.com/d/s/cnwcBZitW1eH1vx0qs32jE4L74Za3a
Mikhail on CNBC Africa - Yesterday Thursday 26th May
https://youtu.be/bvndUPEumcA
Hosted by Tania Habimana
Speakers
Mikhail Nikomarov - CEO @ Bushveld Energy
Nosizwe Dlengezele - Regional Sales Executive @ GE Gas Power SSA
Ntisiki Adonisis-Kgame - Head of Natural Resources and Environment @ ENS Africa
Reginald Demana - Head of Mining and Metals @ the IDC
Vusi Mpofu - Sector Lead of Mining and Chemicals @ Nedbank
Fossil fuels vs. renewable energy - a debatable topic thatâs amplified in the mining sector. Globally, we still rely on coal mining to supply the energy grid but a call has been made to increase stable power while lowering the reliance on carbon fuels. Industry experts discuss the future of the mining sector as we transition towards cleaner energy and mining for a sustainable tomorrow.
https://www.energyconnects.com/news/renewables/2022/may/record-wind-in-scotland-means-grid-tells-some-turbines-to-stop/
(Bloomberg) - Wind farms across the UK are producing more electricity than the grid is able to cope with, forcing the network operator to ask some turbines in Scotland to shut down.
National Grid Plc asked some wind farms connected to the local network in the west of Scotland to reduce output by 25 megawatts. While thatâs a tiny fraction of the record amount of wind supplies being produced by blustery weather spinning turbines across the country, it highlights the difficulties of a network still unable to store large amounts of electricity.
Britain has bet big on renewable power to curb carbon emissions, with Prime Minister Boris Johnson describing the UK as the Saudi Arabia of wind. But that has also left the country at the mercy of weather, and made it harder for grids to cope without the ability to store large amounts of electricity in batteries or use it to produce green hydrogen.
Wind power peaked at 19,835 megawatts on Wednesday, enough to cover more than half of Britainâs electricity needs. Production surpassed a peak set in late January and follows record renewables output seen recently in other parts of Europe, highlighting the potential for green energy to replace expensive fossil fuels.
As the UK continues to ramp up wind-farm capacity to cut its reliance on dirty fuels like coal and gas, records will start to become an increasingly common occurrence. More green output is also good news as European countries look to wean themselves off Russian energy.
Wind power peaked at 19,835 megawatts on Wednesday, according to data from National Grid Plc. The UK Met Office issued a succinct forecast for the dayâs weather: âQuite windy.â
The conditions were virtually ideal for turbines, with gusts of around 30 miles (48 kilometers) an hour measured around the country. Winds were stronger offshore, where some of the biggest farms are installed.
The optimal wind speed for many turbines is about 33 miles an hour â fast enough to turn blades quickly without risking damage. When storms earlier this year set UK wind speed records, some turbines shut down for protection.
Managed flows are required to maintain the gridâs safety margin at times of high power production.
Technology Sharing Session:
Form Energy & CellCube
We are excited to invite you to attend this webinar which will be featuring Form Energy and CellCube, two electrochemical technology providers and LDES Council members.
Join our Technology Sharing session on May 26! LDES Council members Marco Ferrara (@FormEnergyInc) and Peter Oldacre (@cellcube) will highlight their organizationsâ electrochemical technologies and how they're shaping the #LDES landscape.
Register at:
https://mckinsey.zoom.us/webinar/register/WN_Ki0x0YKsS8Kk-CcvZOo-VA
https://twitter.com/ldescouncil/status/1527690355528941573?s=21&t=jquVAdcWYiCN5r4m2uCwDg
Long Duration Energy Storage Council
https://www.ldescouncil.com/
An interesting timeline of coincidental events.
LOA Material Business Matters Related to Investment Decisions (March 31, 2022)
https://englishdart.fss.or.kr/dsbh001/main.do?rcpNo=20220331802896
South Africaâs Eskom awards 48MW BESS project to Hyosung Heavy Industries (April 1, 2022)
https://www.energy-storage.news/south-africas-eskom-awards-48mw-bess-project-to-hyosung-heavy-industries/
Hyosung Successfully Completes Product Testing & Initiates Korean Partnership with Invinity (April 8, 2022)
https://invinity.com/battery-evaluation-concludes-succesfully-partnership-initiated-with-hyosung/
Conclusion of Single Sales Contract or Supply Contract (May 10, 2022)
https://englishdart.fss.or.kr/dsbh001/main.do?rcpNo=20220510800635
WB Eskom BESS Phase 1
Skaapviel 80MW/320 MWh Package 1
Melkhout 35MW/140 MWh Package 2 Lot A
Elandskop 8MW/32 MWh Package 2 Lot B
Pongola 40MW/160 MWh Package 2 Lot B
Hex 20MW/100 MWh Package 3 Lot A
Graafwater 5MW/30 MWh Package 3 Lot B
Paleishweui (11kV) 6MW/24 MWh Package 3 Lot B
Paleishweui (22kV) 3.5MW/21 MWh Package 3 Lot B
https://youtu.be/ehPCmn4Vweg
The Africa Mining Indaba 2022, hosted at the Cape Town ICC, welcomed thousands of delegates globally to discuss the current and future investment trends in the mining sector. In this segment of Focus On, CNBC Africa's Dewald Rademeyer speaks to Mikhail Nikomarov, CEO of Bushveld Minerals about South Africa's investment landscape, Bushveld Energy's role in the beneficiation process and the strategy to increase beneficiation in SA's mining sector.
https://www.gwelectric.com/microgrid/
From Storm to Sustainability - Watch how it all started
https://youtu.be/nh8wddCT5KY
https://www.cellcube.com/casestudy/gw-microgrid-campus/
https://www.cellcube.com/austrian-vanadium-redox-flow-batteries-expert-cellcube-settles-in-north-america/
âCellCubeâ brand owner Enerox GmbH has established a 100% subsidiary in Denver, Colorado, moving closer to their US client base and offering their market leading Long Duration Energy Storage technology to accelerate decarbonization in the US
Wr. Neudorf, Austria â Enerox GmbH, better known as âCellCubeâ, developing pioneer and global technology leader for Vanadium Redox Flow Batteries (VRFBs), announces the establishment of its 100% subsidiary in Denver, Colorado, USA, by May 4th, 2022. With this step the No. 1 VRFB player responds to the exploding market demand in North America for Long Duration Energy Storage (LDES). LDES technology opens the possibility for solutions in 24/7 renewable energy supply, self-operated net-zero microgrid applications, sustainable energy supply, blackout prevention and energy self-sufficiency in many industrial and commercial segments as well as in the field of critical infrastructure.
âWith our proven and bankable technology we are capable to accelerate the energy transition and help achieving challenging climate targetsâ, says Alexander Schoenfeldt, CEO of CellCube Austria and USA, âbeing a global leader in this space we are very enthusiastic about our new presence in North America, as it will allow us to build and use local supply chain and engage with our business and R&D partners in the US more easily. As a result, we will offer the best in class product in North America in a very sustainable and innovative way.â
Enerox company history has been started off by a visionary, very small team of R&D experts, who anticipated todayâs economic and environmental challenges already 20 years ago. Today, CellCube has an immense track record of successful projects and well-established long-term partnerships, both in business and R&D, which now gets accessible for North American Long Duration Energy Storage deployments. In comparison to lithium-ion, the Vanadium electrolyte is non-flammable, non-explosive and does not degrade over 20 or 30 years of operation. The Vanadium based technology is the solution of choice to fast-forward decarbonization in many industries and commercial business.
https://twitter.com/cellcube/status/1522226808795631617?t=88Ydhh6ZMheRyvhag9uvLw&s=09
Lee Barker, Spartonâs President speaks with Michael Vaughan, Financial Journalist, regarding recent developments @ VRB Energy.
https://youtu.be/l3LnD45l_7Y
https://www.spartonres.ca/news/update-april-18-2022/
https://vrbenergy.com/
The author of the Tweet was probably Mikhail in work today completing the Energy Storage RFIs for 5 x South African Airports due in by 12pm tomorrow.
Airports Company South Africa (ACSA) SOC Ltd is a state-owned company and a schedule 2 public entity as per the PFMA, and is accountable to the Minister of Transport on behalf of the South African Government.
https://easytenders.co.za/tenders/request-for-proposal-cor6827-2022-rfidepar-cor6827-2022-rfi-72805
REQUEST FOR INFORMATION (RFI) FOR MARKET ANALYSES ON ALTERNATIVE CLEAN SOURCE OF ENERGY AND/OR ENERGY STORAGE AT ALL NINE (09) ACSA AIRPORTS
Closing date Extended to Monday 11th April 2022
https://www.airports.co.za/Bulletin/COR6827_2022_RFI_ACSA%20Alternative%20Source%20of%20Energy%20RFI%20rev2.1.pdf
2.3.1 The scope of work for energy storage:
1. Kimberley Airport (KIM) Existing Solar Plant Size 500 kWp
2. Upington International Airport (UPN) Existing Solar Plant Size 500 kWp
3. George Airport (GRJ) Existing Solar Plant Size 750 kWp
4. Port Elizabeth International Airport (PLZ) Existing Solar Plant Size 750 kWp
5. Bram Fischer International Airport (BFN) Existing Solar Plant Size 750 kWp
Assessing the market appetite to provide energy storage to the 5 airports.?
Assessing the available opportunity to store excess power from the solar plant at each airport.
Assessing the marketâs interest to wheel the excess power from the solar plant at each airport.