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.
Friday 25th February 2022
https://y8p4j9m8.stackpathcdn.com/wp-content/uploads/2022/02/Updated-Agenda-Energy-Regulator-Meeting-No-238-of-25-February-2022-Continuation.pdf
Item 5.6
‘Draft Decision and draft Reasons for Decision on concurrence with the draft section 34 determination for the procurement of
404MW of New Generation Capacity (i.e. Battery Energy Storage Systems and Solar PV) by Eskom’
Purpose - Approval
https://www.irerep.co.za
RFIs issued in Sept 21
The RFPs will be released in the first quarter of 2022.
CONTEXT
The Department of Public Works and Infrastructure (DPWI) is the largest property owner in South Africa covering 37 million square meters (sqm) over more than 92,000 buildings.
million square meters.
The DPWI’s 10.1 million in office space accounts for 35% of the total office space in South Africa.
OVERVIEW OF THE DEPARTMENT AND ITS UTILITIES
CONSUMPTION
Annually, the DPWI consumes /produces approximately:
4021 Gigawatt hours (GWh) of electricity.
REVIEW OF BUSINESS MODEL
The decrease in the cost of renewable energy and resource efficiency options along with other strategic considerations has resulted in the consideration of alternative options for the DPWI to meet its utility requirements.
VALUE AND IMPACT
The Programme will be the largest programme for the procurement of renewable energy and resource efficiency for public facilities, with up to 320MW of renewable energy procured per annum, attracting private sector capital investment of between more than 253bn in the period to 2050.
ELEMENTS OF THE PROGRAMME
Renewable Energy and Energy Security
Solutions involving Solar PV (roof-top, carport, ground-mounted and building- integrated); Solar Thermal Energy, Biomass, wind Energy, Hydropower, Geothermal Energy, Ocean Energy, Fuel Cell, ENERGY STORAGE and Electric Vehicle Charging Infrastructure.
https://irerep.co.za/rfi/RFI_Annexure_A_IREREP_Programme%20Information.pdf
VFlowTech and Sing Fuels set up joint venture to drive clean energy transition in Africa
https://www.pv-magazine.com/press-releases/vflowtech-and-sing-fuels-set-up-joint-venture-to-drive-clean-energy-transition-in-africa/
https://vflowtech.com/
Who will be supplying their electrolyte for Africa (AfCFTA) ?
VFlowTech already have an MOU with AVL/VSUN Energy for the Australian region.
https://www.australianvanadium.com.au/wp-content/uploads/2020/12/MOU-and-agreement-with-V-Flow.pdf
Involved with the Bushveld Energy/IDC feasibility ?
‘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
VRFB OEMs (but not limited to) to be included in the industry analysis:
i. Enerox (Cellcube)
ii. Invinity Energy Systems
iii. Rongke Power
iv. Shanghai Electric
v. VRB Energy
This article is well worth a read.
https://www-stcn-com.translate.goog/xw/sd/202201/t20220128_4121239.html?_x_tr_sl=zh-CN&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
ELECTRICITY SUBCOMMITTEE (ELS) MEETING NO. 184
Tuesday 8th February -09:00 – 13:00
https://y8p4j9m8.stackpathcdn.com/wp-content/uploads/2022/02/Agenda_ELS_Meeting.pdf
Agenda Item 11
“Reason for Decision on concurrence with the draft section 34 determination for the procurement of 404MW of New Generation Capacity by Eskom”
Purpose - Recommendation?
List of WB Eskom BESS Sites - NERSA Consultation Paper - Page 18 of 57
https://www.nersa.org.za/wp-content/uploads/2021/11/Battery-Storage-Consultation-Paper.pdf
http://www.vanitec.org/vanadium/ESC-Meetings
Overview of Vanitec & ESC webinar
https://youtu.be/V3iCT5HEVKw
VRFB’s in Europe
https://youtu.be/O9yDmpaqVhU
CellCube – Building Energy Storage Infrastructure
https://youtu.be/QNYexLOmMMM
E22 – Energy Storage Solutions
https://youtu.be/6-dg_4GCB1s
Voith – Sustainable Technologies for Future Generations
https://youtu.be/S-ohTjcyE2M
Virtual Q & A panel
https://youtu.be/CVvPTMvHdmw
Vanadium Market Update – Terry Perles, US Vanadium
https://youtu.be/MWuzjfH9iC4
Update on VRFB Marketing – Lifa Communications
https://youtu.be/bMiAwMyHKgU
Closing remarks
https://youtu.be/gLT-x3Df_3k
https://www.brrmedia.co.uk/broadcasts/61f12af1a49ddc2df6264963/bushveld-minerals-q4-and-full-year-2021-operational-update/
BMN Wed, 26 Jan 2022
The management team at Bushveld Minerals presented their operational update for the fourth quarter and 12 months ending 31 December 2021.
https://twitter.com/CTechInnovation/status/1481655746206912512?s=20
The C-Tech Innovation 2022 Company Update Newsletter 20/1/22
https://mailchi.mp/ctechinnovation.com/2022companyupdate
We have been working on building some very exciting production-scale equipment these past few months. With five Vanadium Electrolyte Manufacturing plants due to be shipped to Australia and South Africa early this year, the last part of 2021 was certainly busy for us.
We are the world leader in the design, build and installation of electrochemical equipment for vanadium electrolyte manufacturing. Our process offers a cleaner electrolyte composition than the conventional chemical approach. Featuring an electrochemical vanadium reduction process that avoids the need for chemical reducing agents, this results in a high purity electrolyte with a reduced operating cost.
Our clean electrochemical process is proven at production-scale and with global installations ranging from 1 million (30 MWh) to 8 million (240 MWh) litres per annum.
The power of vanadium electrolyte: ?Interestingly we calculated that our recently shipped Vanadium Electrolyte Production Plant should produce enough Vanadium Electrolyte over 5 years to support 130,000 homes with power from renewable sources.
https://www.ctechinnovation.com/technology/vanadium-electrolyte-production-equipment/
Like these 3 x California VRFB Projects Approved in Nov 21.
‘Authorize the CEO to Execute Three (3) 20 -Year Energy Storage Agreements with:
(a) Bodega Energy Storage LLC, in an amount not to exceed $36,400,000,
(b) Green Valley Energy Storage LLC, in an amount not to exceed $58,200,000 over the term, and
(c) Rava Mesa Energy Storage LLC, in an amount not to exceed $21,800,000’
1.Bodega Energy Storage LLC
10MW/80MWh VRFB
2.Green Valley Energy Storage LLC
16MW/128MWh VRFB
3.Rava Mesa Energy Storage LLC
6MW/48MWh VRFB
PowerPoint Presentation
https://3cenergy.hylandcloud.com/203agendaonline/Documents/ViewDocument/Staff%20Report%20for%20-%20PowerPoint%20Presentation%20(7089).pdf?meetingId=355&documentType=Agenda&itemId=7089&publishId=9636&isSection=false
https://www.energy-storage.news/226mwh-of-vanadium-flow-batteries-on-the-way-for-california-community-energy-group-ccce/
Central Coast Community Energy Online Board Meeting - Approval for all 3 VRFB Projects follows from 40 minutes in.
https://3cenergy.hylandcloud.com/203agendaonline/Meetings/ViewMeeting?id=355&doctype=1
All 3 Projects are being developed by Concentric Power Inc.
Lazard uses the levelized cost of energy storage (LCOS) to compare lifetime ownership costs for storage technologies
Page 29
https://www.bushveldenergy.com/wp-content/uploads/2021/GSSA_presentation_042021.pdf
Investment bank Lazard analysis shows that VRFBs have the potential to achieve the lowest costs in the industry
Limitations to Lazard’s approach
All analyses assume not more than one 100% discharge cycle per day. For a VRFB, achieving two cycles per day would cut the LCOE by 50%
A single battery, well-placed within a power system can be used for multiple uses, decreasing its LCOES further
Lack of public information on costs and performance creates a wide range of pricing in the analysis of both technologies, which will fall over time
Please register in advance for the 10th Vanitec ESC Webinar @
https://us02web.zoom.us/webinar/register/WN_4VTXqI2lQZ-JlDI_wrEs0Q
Registration ends 14 January 2022.
Join us for updates on the VRFB with our rotating focus on different global regions, this time with the latest news out of the European Union with presentations and 1 hour panel with EU VRFB experts. We will also have an update on the global V market, an update on our sustainability efforts, and a marketing update. The meeting will again be open to all at no cost. The purpose of the meeting is to bring together VRFB developers, electrolyte producers and suppliers, and vanadium industry contacts.
https://www.linkedin.com/company/vanitec-limited?trk=top_nav_home
Peter Oldacre Enerox/Cellcube VP for Global Business Development
‘Battery Innovation Days’ Event held on 23rd Nov 21
https://youtu.be/gI35ECJBVKc?t=3094
Battery Storage Value Chain Creation in Southern Africa: Findings and Perspectives Webinar held on the 9th December 21
Brochure : https://www.ee.co.za/wp-content/uploads/2021/12/Brochure-WB-BESS-Workshop.pdf
Audio/video recording of the webinar
https://www.atlantic.co.za/worldbank1.html
Presentations at the webinar
Presentation by Harsh Thacker, CES, and Dr Oliver Dam, LHA Management Consultants
https://www.ee.co.za/wp-content/uploads/2021/12/CES-presentation-v3.pdf
Presentation by Dr Molefi Motuku, Mintek
https://www.ee.co.za/wp-content/uploads/2021/12/Molefi-Motuku-presentation.pdf
Presentation by Dr Mkhulu Mathe, CSIR Energy Research Centre
https://www.ee.co.za/wp-content/uploads/2021/12/Presentation-Mkhulu-Mathe.pdf
Presentation by Mr Mikhail Nikomarov, SAESA
https://www.ee.co.za/wp-content/uploads/2021/12/Presentation-Mikhail-Nikomarov.pdf
Free Online Workshop Registration
https://us02web.zoom.us/webinar/register/WN_Yu8n1SmFTi2MXBurdtiSZg
Invitation to an online stakeholder engagement workshop
hosted by The World Bank In association with: Mintek & CES
Supported by: CSIR, IDC & SAESA
Facilitated by: EE Business Intelligence
Dec 9, 2021 10:00 AM London Time
https://twitter.com/chrisyelland/status/1468514091258032129?s=20
Peter Oldacre Cellcube VP for Global Business Development
‘Battery Innovation Days’ Event held on 23rd Nov 21
https://youtu.be/gI35ECJBVKc?t=3094
Invitation to an online stakeholder engagement workshop
hosted by The World Bank In association with: Mintek & CES
Supported by: CSIR, IDC & SAESA
Facilitated by: EE Business Intelligence
Dec 9, 2021 10:00 AM London Time
You, your colleagues, business associates, friends and all interested persons are cordially invited to a stakeholder engagement workshop facilitated by The World Bank.
Free Online Workshop Registration
https://us02web.zoom.us/webinar/register/WN_Yu8n1SmFTi2MXBurdtiSZg
Presentations
Dr Rahul Walawalkar and Mr Harsh Thacker, Customised Energy Solutions (CES), India, will each make 20-minute presentations on a study funded by The World Bank under the guiding leadership of Mintek, covering:
- Study assessment: South Africa Battery Storage Market Assessment and 2030 Projections
- Study analysis: Job Creation and Skills Development in the Battery Storage Value Chain in South Africa
- Study scenarios: Value Chain Analysis for Battery Storage Manufacturing in South Africa
Panel discussion
- Dr Mkhulu Mathe, CSIR Energy Centre https://www.csir.co.za/energy-research-centre
- Mr Mikhail Nikomarov, chairman of SA Energy Storage Association (SAESA) https://saesa.org.za
- Speaker from Mintek (name TBC) https://www.mintek.co.za
- Speaker from Industrial Development Corporation (name TBC) https://www.idc.co.za
The workshop will highlight the status and potential for each segment of the battery energy storage value chain for in South Africa and the Southern Africa region, and the induced job opportunities arising.
This overview will be provided by Customized Energy Solutions (CES) and partners, the consulting group conducting the World Bank funded study on Battery Storage Value Chain in South Africa.
From the individual consultations undertaken by CES and from the outcomes of this workshop, key findings and recommendations will be provided to inform decisions for the acceleration of the South Africa battery industry and markets.
Mintek, the focal point designated by the DMRE for this study, will provide introductory remarks on the importance of linking research, policy and private sector development in battery storage and more broadly in the climate smart mining sphere.
As the work to be presented would also benefit to various public sector entities interested and involved in this theme, topics to be discussed will go beyond the pure technical aspects: economics, market strategies, regional trade enhancement and jobs/skills will be amongst the areas of discussion. Inputs from private investors and energy associations are by essence also key for this stakeholder consultation event.
http://www.koreaittimes.com/news/articleView.html?idxno=109627
https://www.vflowtech.com/news-all/singapores-clean-energy-provider-vflowtech-signs-south-korea-deal-to-power-renewable-grids-for-ev-charging-stations/
https://www.engineeringnews.co.za/article/final-industrial-masterplan-for-renewables-expected-by-march-2021-11-18
South African Renewable Energy Masterplan: Updates on the process & progress (SAREM)
https://www.greencape.co.za/content/south-african-renewable-energy-masterplan-updates-on-the-process-and-progress/
IDC & Bushveld Energy Request for Proposals (RFPs)
‘OEM and supply chain analysis for SA localisation methodology for vanadium flow batteries’
Bid Closing Date : 1st December 2021
VRFB OEMs (but not limited to) to be included in the industry analysis:
i. Enerox (Cellcube)
ii. Invinity Energy Systems
iii. Rongke Power
iv. Shanghai Electric
v. VRB Energy
https://www.bushveldenergy.com/wp-content/uploads/2021/RFP_OEM_SC_Analysis_FINAL_.pdf
AFRICAN CONTINENTAL FREE TRADE AREA (AfCFTA)
What is the AfCTA?
https://youtu.be/ar0ItKPq2cA
https://afcfta.au.int/en
https://www.vanadiumprice.com/with-the-rise-of-v2o5-flake-the-supply-is-hard-to-find/
The price increase of retail V2O5 flake has expanded, and the mainstream transaction price rose to 112,000-113,000 CNY/T by cash, an increase of 3,000 CNY/T from the previous day. Today, it is difficult to find the supply of less than 112,000 CNY/T in the market. Some indicated that the price of 113,000 CNY/T by cash is temporarily unwilling to ship; retail mainstream quotations have risen to 113,000-115,000 CNY/T by cash.
The transaction price of vanadium-nitrogen alloy and ferrovanadium has risen. In addition, some companies have exhausted their raw material inventory, and their acceptance of high prices of raw materials has also increased, so overall inquiry and purchase are more active. Tranvic and Desheng have suspended production, and Tranvic stated that the impact on the output of vanadium pentoxide this month is greater than expected, and it is expected to affect about 400 tons of output this month. The supply of V2O5 flake is tight, and the difficulty in finding sources has become more significant recently. It is expected that V2O5 flake will maintain its positive operation in the short term.