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.
https://twitter.com/InvestorMeetCo/status/1511585117000642567?s=20&t=vCw3evZ_pZO-PbTTVPKOew
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25 years of lifetime guaranteed without capacity loss. The Electrolyte has no expiry date, does not diminish and does not degrade. Actually, we get the electrolyte back from our customers, clean it and fill it into a new battery. If not needed in a new battery, the Vanadium can be recovered to a rate from 97%.
What if you would do nothing?
We will not be able to sell batteries to regions, communities and companies which can’t afford the price which will affect the implementation of renewable energy and providing energy at all.?Especially more rural areas and poorer regions will have to manage without electricity for even longer and will not be able to use renewable energies.?Emissions from the energy sector are not reduced, although there is an urgent need for action.
What kind of solutions we are looking for?
The idea is to have a kind of kit model for our storage, which can be assembled at the customer’s site and by local workforces. We want to support local development, promote knowledge transfer, reduce emissions and create jobs. In addition, the battery needs to be serviced at least once a year, which in turn creates local jobs in the long term, depending on the size of the project. This should also reduce the emissions of our technicians, which are currently very high due to constantly travel.
An additional concern of ours is the promotion of women in technology. Particular attention should be paid to this in local production.
In the kit model, we can imagine that the power unit is assembled entirely on site, except for the stacks. From the delivery of the containers, the foaming, the installation of shelves, floors and other things. The assembly of the switch cabinets, installation of hoses and pumps up to the final installation of the stacks – all this could happen on site.
To avoid job losses in Austria, the kit will be developed and prepared here. The stack production will also remain here.
Another step towards reducing transport emissions is the electrolyte. Here, the aim could be to mix the individual components directly on site. The water (100t) could be added on site, but it has to be highly pure, which requires a purification plant. This could then move from one project to the next.
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‘OEM and supply chain analysis for SA localisation methodology for vanadium flow batteries’
https://www.bushveldenergy.com/wp-content/uploads/2021/RFP_OEM_SC_Analysis_FINAL_.pdf
Cellcube
https://circle17.at/impacthon/cellcube/
Let´s store green energy in a circular product!
“How might we move our production locally to offer our product at a lower cost, also in developing countries and remote regions, so that we reduce our carbon footprint and produce our green energy product sustainably”
We want to offer a product that actively contributes to the optimal use of green energy and can be used in all areas of the world. For many regions, companies and communities, storage is currently not an option because of the cost. The goal is to create added value for people and the climate, which should not fail because of the costs. This is particularly important in remote regions that are not connected to the electricity grid. Together with wind power or PV systems, a microgrid can be created that can provide entire communities with access to energy.
What do you already know?
Our Battery is divided into 4 parts: Energy unit (Electrolyte), power unit (stacks, pumps, control cabinets), inverter (outside the plant) and infrastructure (base plate). Our storage unit type Release 4 FB500-2000 has a total weight of 268 tons. Of this, 74% is electrolyte, which is a mixture of high-purity water, vanadium pentoxide and sulphuric acid. 8.4% of the weight is accounted for by the containers (40 feet, 5 pieces for this type of plant). 2.5% on racks, which serve as holders for the stacks. The stacks are the heart of the plant and are produced in Wiener Neudorf, and this is to remain the case.??Energy Unit:?Electrolyte: This is located in 3 containers and is stored in tanks and overflow protection tubs. The electrolyte is currently produced in the USA or China and shipped directly from there to the customers. In addition, the electrolyte can only be transported in IBC containers (material: plastic and iron), which generate a large amount of waste. The 3 containers are bought by us, foamed in Germany (insulation inside), sent to Slovenia and there the tanks, hoses and overflow protection tubs are installed. From Slovenia, these come to the customers and are filled there with the electrolyte.??Power Unit: For this type FB500-2000, 2 containers (40 feet) are needed which are also foamed in Germany and receive their interior in Wiener Neudorf. This includes shelves, floors, stacks, pumps, hoses, switch cabinets and other technical equipment. From there they are transported to the customer.??Inverters are purchased and installed at the customer’s site.??The infrastructure such as floor slab (concrete) is also erected at the customer’s site.?The transport of the heavy weight creates emissions which need to be reduced. These also contribute to the cost of the storage unit, as electrolyte is a hazardous material.
Our battery is not explosive nor flamma
SA Deputy President David Mabuza responding to Questions @ the National Assembly, 31st Mar 22.
‘Request for proposals for 513 MW of Battery storage is scheduled to be released by the end of April this year’
Clip
https://youtu.be/yb9KEsiQa5c?t=1288
‘Opportunities in the SA Mining sector’
https://youtu.be/_2-GmZK7bp8
Hosted by Bruce Whitfield
Panelists
Fortune Mojapelo - Bushveld Minerals
Patrycja Kula-Verster - JSE
Thabiso Sekano - Industrial Development Corporation
Vuslat Bayoglu - Menar
https://www.miningweekly.com/article/south-african-mining-investment-forum-webinar-2022-03-18
https://www.nersa.org.za/wp-content/uploads/2022/03/Decision-and-RFD-404MW-Final.pdf
https://www.proactiveinvestors.com.au/companies/news/976858/australian-vanadium-soars-on-award-of-49-million-federal-manufacturing-collaboration-grant-for-vanadium-project-976858.html
“Our project will create hundreds of jobs in Australia and help to build the critical vanadium industry both locally and internationally. We have developed an innovative and collaborative approach to building a fully integrated project, from mine through to processing and end use in the steel and battery markets," says MD.
Australian Vanadium Ltd (ASX:AVL) soared up to 43% on securing a $49 million competitive grant from the Australian Federal Government under the Modern Manufacturing Initiative Collaboration Stream, to be used in the development of the Australian Vanadium Project.
The project will enable new critical mineral production through the establishment of an integrated onshore Australian vanadium supply chain for the steel and battery markets.
Grant funds will also support the development of the vanadium redox flow battery market, including vanadium electrolyte and battery project development for downstream uses.
Australian Vanadium will collaborate with ATCO (TSX:ACO.X) Australia for the supply of green hydrogen for the project, while Bryah Resources Ltd (ASX:BYH) will support the recovery of nickel, copper, and cobalt from the tails stream.
Shares were as much as 43% higher to $0.05, a new high of 3.5 years with more than 303 million changing hands during the day.
Building critical Australian vanadium industry
“AVL is delighted to have been awarded this grant from the Australian Government,” Australian Vanadium managing director Vincent Algar said.
“Our project will create hundreds of jobs in Australia and help to build the critical vanadium industry both locally and internationally.
“We have developed an innovative and collaborative approach to building a fully integrated project, from mine through to processing and end use in the steel and battery markets.
“Our collaborations are allowing us to build a project with unique social and environmental benefits.
“We look forward to working with our partners to bring the Australian Vanadium Project into production and further develop downstream opportunities for green steel and the vanadium redox flow battery market.”
The Australian Vanadium Project has been given Major Project Status from the Australian Government and Lead Agency Status from the Government of Western Australia, demonstrating its importance in the continued health of the critical metal industry.
AVL will now work with the Australian Government to finalise the legal agreement for the grant, including associated terms and conditions.
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That risk mitigation tender was brought in by Eskom to plug an upcoming 2GW shortfall in embedded generation. The storage portion will help with intermittency but also allow the South African grid operator to defer investment in infrastructure.
“For example, currently there are no new projects allowed to connect into Northern Cape despite it being great for wind and solar. The reason for that is that when you connect the projects that are there, you need to allocate the same amount of grid capacity as the nameplate, i.e. a 140MW farm needs 140MW available even though it will rarely deliver this,” Terry said.
“Energy storage will allow them to only need, say, 100MW of grid connection and any generation above that can then charge the battery.”
https://www.energy-storage.news/south-african-grid-operators-big-storage-push-rolls-on/
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South African grid operator Eskom is close to finalising over 800MWh of battery energy storage projects, but eyes are on another procurement which could be twice as big, a consultant told Energy-storage.news.
The grid operator announced last week that it was in the final stages of pre-contract discussions for 199MW/832MWh of battery energy storage system (BESS) capacity to be developed at eight sites. The assets will provide national peak shaving services for four hours a day plus ancillary services and local support, Eskom said.
The rollout is being backed by a US$58 million loan from the the African Development Bank’s Clean Technology Fund, as reported by Energy-storage.news. Eskom will own the assets but there will be a fixed operating and maintenance (O&M) period of five years with successful vendors.
But this round of procurement can be seen as effectively a testing ground where IPPs (independent power producers) and Eskom can test the battery storage technology on the grid at a discounted rate, said Adam Terry, Technical Director at Harmattan Renewables, which is working with IPPs on projects in the country.
He said that a new round of procurement for a much larger amount of energy storage should happen in the next few months. That one will also give the IPPs more control than the development bank-funded projects where Eskom set the specs.
“We don’t have much detail on these but expect it to be launched in the next couple of months for over 500MW. We’re expecting the new round to be like the REIPPPP model with IPP-developed sites where the IPP chooses where they’ll be, how large, the technology used etc. IPPs big and small are currently looking around at sites for it,” he said.
“The current round which is government/World Bank-backed is a great idea but you can see it as basically a test allowing Eskom/the IPPs to test the technology on the grid at a discounted cost.”
“Through the REIPPPP model the IPPs will bring down the cost and reduce the risk on ESKOM. In the REIPPPP program, the price by round 5 had fallen by three-quarters compared to round 1 (70% for wind and 89% for solar).”
Eskom uses the Renewable Energy IPP Procurement Programme (REIPPPP) to tender for new renewable energy projects. It aims to have 30GW of new, clean capacity on its grid by 2031, which would increase its renewables share of generation to more than 40%.
The standalone storage projects are in addition to around 430MWh/1300MWh of storage paired with renewable energy projects that won a decent chunk of a 2GW tender through its Risk Mitigation Independent Power Producer Programme (RMIPP). So overall, around 1GW of energy storage could come onto the grid through the three initiatives.
South African Steel Master Plan
From Page 14 of the Link below
https://www.idc.co.za/wp-content/uploads/2022/02/T06_02_22_REQUEST-FOR-PROPOSAL-TO-CONDUCT-RESEARCH-WORK-AND-DEVELOP-THE-FIRST-ITERATION-OF-THE-STEEL-DIVERSIFICATION-AND-LOCALISATION-STRATEGY.pdf
2.1 Steel Master Plan
The Steel Master Plan has identified the need for the right mix of integrated and mini-mills and corresponding technologies to produce the required primary steel products for key sectors of the economy. The impact and the sustainability of these production facilities has also been flagged.
It is estimated that sub-Saharan Africa (excluding South Africa) imports about 50% of its rebar from outside the continent. Total steel demand in Africa is estimated at 35 million tons per year, of which the Continent (mainly South Africa and Egypt) produces about 12- 15 million tons. Upgrading the value-add of the mills would allow the South African industry to cost-effectively supply most of the domestic and regional requirements.
In addition to regional export demand, of importance is the need to diversify primary steel production to meet localization needs in key downstream sectors to reduce the reliance on imports. Automotive and renewables driven by localization initiatives is seeing an increased interest by OEMs towards local production. The steel industry being a key input into these sectors must position itself to take up the opportunity.
Steel Master Plan 1.0
http://www.thedtic.gov.za/wp-content/uploads/Steel_Industry_Master_Plan.pdf
Steel Oversight Council
http://www.thedtic.gov.za/government-and-stakeholders-sign-master-plan-for-the-steel-and-metal-fabrication-sector/
SA signs plan to support R600bn steel industry
https://www.timeslive.co.za/news/south-africa/2021-06-13-sa-signs-plan-to-support-r600bn-steel-industry/
Minister Ebrahim Patel delivers keynote address @ the Steel Master Plan signing ceremony
https://youtu.be/C6OxYffL1pE
Just waiting NERSA for Publication of the RFD (Reasons for Decision) Document to enable Contract Awards…
List of WB Eskom BESS Sites
*Note - 3 x Sites in Phase 1 require over 4 hours duration & 1 x Site in Phase 2.
Phase 1
Skaapviel 80MW/320MWh Package 1
Total USD Millions $166.07
Melkhout 35MW/140MWh Package 2
Elandskop 8MW/32MWh Package 2
Pongola 40MW/160MWh Package 2
Total USD Millions $174.37
*Hex 20MW/100MWh Package 3
*Graafwater 5MW/30MWh Package 3
Paleishweui (11kV) 6MW/24MWh Package 3
*Paleishweui (22kV) 3.5MW/21MWh Package 3
Total USD Millions $76.8
Waiting Request for Proposal (RFP)
Rietfontein 1.54MW/6.16MWh
Phase 1 Total 199.04MW/833.16MWh
Phase 2
Waiting Request for Proposals (RFPs)
Witzenberg 17MW/68MWh
Ashton 17MW/68MWh
Cuprum 70MW/280MWh
*Kiwano 40MW/200MWh
Phase 2 Total 144MW/616MWh
NERSA Consultation Paper - Page 18 of 57
https://www.nersa.org.za/wp-content/uploads/2021/11/Battery-Storage-Consultation-Paper.pdf
@fatbanker
Garnet Verdict Document (expires in 1 day)
https://filedropper.com/d/s/cnwcBZitW1eH1vx0qs32jE4L74Za3a
Or alternatively request by email to chanceryjudgeslisting@justice.gov.uk
Requesting hand down document Case No. BL-2021-001153
Link to Bailii (Doc not uploaded as yet)
https://www.bailii.org/ew/cases/EWHC/Ch/2022/
@ Grahamwebb, you are indeed absolutely right.
From Page 14 of the Link below
2. Background Information
The Steel Master Plan 1.0 approved in June 2021, is aimed at achieving a stable and predictable trajectory for the industry, so that businesses and investors can invest with confidence in building up production capacity, innovation, skills, and expertise.
A key medium-term goal is to match supply to demand that can support localisation: there is over-capacity in basic long steel commodity products, but no supply of many of the steels which are required by the auto industry, the mines and yellow metal equipment sectors. The steel industry should have a clear goal - to produce some or all of the steel components which these key downstream industries will need to comply with their local production targets. There is therefore a need to develop a strategy that outlines a proposed way forward for the industry.
The IDC has significant exposure in the steel industry and has proposed to lead the development of a diversification strategy that can influence higher levels of local production and import replacement together with higher efficiencies and competitiveness.
2.1 Steel Master Plan
The Steel Master Plan has identified the need for the right mix of integrated and mini-mills and corresponding technologies to produce the required primary steel products for key sectors of the economy. The impact and the sustainability of these production facilities has also been flagged.
It is estimated that sub-Saharan Africa (excluding South Africa) imports about 50% of its rebar from outside the continent. Total steel demand in Africa is estimated at 35 million tons per year, of which the Continent (mainly South Africa and Egypt) produces about 12- 15 million tons. Upgrading the value-add of the mills would allow the South African industry to cost-effectively supply most of the domestic and regional requirements.
In addition to regional export demand, of importance is the need to diversify primary steel production to meet localization needs in key downstream sectors to reduce the reliance on imports. Automotive and renewables driven by localization initiatives is seeing an increased interest by OEMs towards local production. The steel industry being a key input into these sectors must position itself to take up the opportunity.
IDC - REQUEST FOR PROPOSAL TO CONDUCT RESEARCH WORK AND DEVELOP THE FIRST ITERATION OF THE STEEL DIVERSIFICATION AND LOCALISATION STRATEGY FOR SOUTH AFRICA
BID CLOSING DATE:
18 FEBRUARY 2022 AT 11:00 AM
https://www.idc.co.za/wp-content/uploads/2022/02/T06_02_22_REQUEST-FOR-PROPOSAL-TO-CONDUCT-RESEARCH-WORK-AND-DEVELOP-THE-FIRST-ITERATION-OF-THE-STEEL-DIVERSIFICATION-AND-LOCALISATION-STRATEGY.pdf
BMN Group sales by region
United States 34%
Europe 24%
China 23% (was 9% in 2019)
Rest of the World 19%
Company has a strategy of increasing sales to higher-priced markets.
From the Annual Report & Financial Results 2020
Page 13
https://www.bushveldminerals.com/wp-content/uploads/2021/06/Bushveld-Minerals-Annual-Report-Financial-Results-2020.pdf
@nobbynewboy. This Presentation is well worth watching.
Kenneth Davies from Birch Infrastructure
‘Applications of Flow Batteries in Hyperscale Data Centres’
https://www.youtube.com/watch?v=JcP1XTjYrTE&t=45s
https://www.energy.ca.gov/solicitations/2020-01/gfo-19-306-demonstrating-long-duration-and-title-24-compatible-energy-storage
https://www.energy.ca.gov/sites/default/files/2020-10/GFO-19-306_Revised_NOPA_Cover_Letter_and_Results_Table_ADA.docx
https://invinity.com/cec_invinity/
More info also here.
https://www.chronicle.co.zw/100mw-solar-plant-for-bulawayo/
Goromonzi - 100MW
Bulawayo - 100MW
Harare - 50MW
Press conference : Guarantee Risk Solar Energy May 2019
Battery Storage Technology Innovations
Not the greatest quality….
“The Projects are planned with battery energy storage” stated @ 08:25 mins.
https://m.facebook.com/slymediatv/videos/press-conference-guarantee-risk-solar-energy-battery-storage-technology-innovati/421760685315045/?_rdr
Also Peter Oldacre from Bushveld Energy now of Cellcube on Vanadium Flow Batteries @ the same event.
https://m.facebook.com/Guarantee-Risk-Solar-Energy-2102015936703689/videos/solar-battery-storage-technology-innovations-workshop/369505210327021/?_rdr
It’s ok, Mantashe has now had a Damascene conversion.
Minister calls for companies to take advantage of the 100MW of embedded energy generation
https://twitter.com/DMRE_ZA/status/1493875279177076736?s=20&t=d1ktVTxuXINkphd0_4lrIg
Minister is explaining factors that drive the cost-effectiveness of renewable energy.
https://twitter.com/DMRE_ZA/status/1493863127754149888?s=20&t=d1ktVTxuXINkphd0_4lrIg