Member Info for Lindon

Link :

https://www.energy-storage.news/us-needs-to-leapfrog-to-next-gen-technologies-for-energy-storage/

Ok, I’m prepared to give it one more go, but if these types of background posts https://www.energy-storage.news/us-needs-to-leapfrog-to-next-gen-technologies-for-energy-storage/ get drowned out again by troll a feeder using a trolls ‘click bait’ in order to continually push his own ‘opinions’ there will be no more from me!

September 7, 2022
For the US to succeed in creating a domestic energy storage manufacturing industry that can compete globally, it needs to look beyond today’s dominant lithium-ion technologies.

That was the view of directors from three Department of Energy National Laboratories that Energy-Storage.news spoke with recently.

Based in the Bay Area of California, the three labs: Lawrence Berkeley National Lab (Berkeley Lab), Lawrence Livermore National Laboratory (LLNL) and SLAC National Accelerator Laboratory are currently collaborating to support companies along the battery supply chain, offering their facilities for testing, modelling, optimisation and other aspects of R&D.

Today, China leads the way in energy storage manufacturing, from raw materials extraction and processing to designing and building components and complete systems. South Korea and Japan also have some market share.

Meanwhile Europe and the US, as late entrants to the game, are working to catch up but face an uphill and probably impossible task to overtake China. According to market intelligence firm Clean Energy Associates, more than 200GWh of annual ESS-specific battery production capacity will be added by Chinese manufacturers by 2025.

Nonetheless, both Europe and the US have begun establishing their own battery development and manufacturing hubs.

President Joe Biden and Secretary of Energy Jennifer Granholm’s Department of Energy (DOE) have explicitly stated their aim of fostering that US-based industry, describing it as a priority on several fronts, including decarbonisation, energy security, national industrial competitiveness and economic growth.

As regular readers of Energy-Storage.news will know, this has translated into billions of dollars being committed to the cause, including a US$335 million programme for battery recycling launched recently from funds unlocked by the Bipartisan Infrastructure Law. The US’ other major recent climate legislation, included in the Inflation Reduction Act, offers manufacturers incentives for clean energy tech including batteries.

‘US is very good at innovation’
“It’s pretty clear that from the Department of Energy, and these investments, that one of the underpinning principles is to bring the battery manufacturing capability back to the United States,” Tony Van Buuren, deputy associate director for science and technology at LLNL said.

“[But] if you invest in technologies that are already going, [in other words] lithium-ion technologies that are primarily in Asia right now, that is no way to repatriate……………..
https://www.energy-storag

Yes Will you’ve called it right. Both here AND elsewhere! Spot on. ??

Quite right, got even worse, and after today … that’s it for me, feck all about the company, I’ve tried to stick to just posting news articles and related info about BMN, but it just constantly gets drown out by the troll feeders. This bb is now 99% about them, the trolls with their click baiting of the feeders have won and I hope the feeders are happy.

No more from me, im joining the rest who have become utterly p|ssed off the constant arguments, I’m out.

Use South Africa’s 5 000 MW energy storage need to create new industry – Bushveld.

20TH JULY 2022
JOHANNESBURG (miningweekly.com) – South Africa’s 5 000 MW renewable energy storage requirement is seen as providing the critical mass for the creation of a new local energy storage industry that will have the potential to export into the growing global market for energy storage solutions.

A new own-value-chain local industry is feasible owing to South Africa’s resource base, processing infrastructure and high upcoming local demand.
That is the view of Bushveld Minerals CEO Fortune Mojapelo, who spoke to Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.)

The head of the London Aim-listed Bushveld sees a mix of short- and long-duration energy storage viably meeting the 5 000-MW-in-three-years challenge set by the National Planning Commission – and highlights vanadium redox flow batteries (VRFBs) as being ideal for long-duration electricity storage.
Long-duration batteries support the integration of renewable energy into electricity grids and Mojapelo sees upcoming energy storage demand as providing a generational opportunity that South Africa should not miss.

On energy storage being the flexible renewable energy enabler, he notes that sun shines at its brightest during off-peak periods “and, ideally, you want to be storing that energy and using it during peak periods when you're running those diesel generators, which are quite expensive.
“Similarly, if you look at wind generation, its peak generation capacity is during off-peak windows from a demand perspective.
“Pair that with long-duration energy storage, and you can deploy this power flexibly into the time zones when you need it the most.
“Overall, by doing that, you're improving the efficiency of the grid and enhancing the contribution of renewable energy to the grid,” Mojapelo points out………………

www.miningweekly.com/article/use-south-africas-5-000-mw-energy-storage-need-to-create-new-industry-bushveld-2022-07-20

Classic dead cat bounce.

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@SquirtyFlower, I doubt it, imo they have a well structured, very long standing roadmap, know exactly where they want to get too in conjunction with other various members of their consortiums, have far reaching long term views …and not in the least bit interested in the current sp levels.

Share buybacks are done by a company appointed nominee (broker) not by the company themselves. They are also done as normal buys, sometimes several times a day at opportune moments …on the open market.

As with all buyers they can only whatever is being sold into the open market BY whoever … at any given time. The company are apparently on the brink of carving off BE in order to raise funds for more growth(/investmet.
There is, imo, no-way they are gonna spend £millions on buying back their own shares at this time.

Share buy backs are for times when a company has run out of investment/growth ideas/plans and have nothing better going forward on which to spend their cash on.

Well done Pdub, keep feeding the troll.

CELLCUBE AND G&W ELECTRIC ARE JOINING FORCES TO BRING MICROGRIDS TO THE NEXT LEVEL.

Wiener Neudorf, Austria, Bolingbrook, Illinois, July 14, 2022.

Enerox GmbH, better known as ‘CellCube’, and G&W Electric, a US headquartered power grid solutions provider, have signed a partnership agreement to offer a new and integrated microgrid solution to the US-market. G&W Electric adds CellCube’s Vanadium Redox Flow Battery (VRFBs) as a key technology to their microgrid solution portfolio and becomes a ‘Value Added Reseller’ for CellCube’s energy storage systems.

The partnership was initiated through G&W Electric’s construction of its own state of the art microgrid located in Bolingbrook, Illinois, U.S. with solar coupled to CellCube’s latest battery technology. CellCube’s Release 4 VRFB will provide more reliable and resilient power during seasonal peak demands, power quality issues and potential outages.

“After having recently established a 100% wholly owned subsidiary in Denver, Colorado, CellCube’s next preeminent project in North America is being realized”, says Alexander Schoenfeldt, CEO of CellCube Austria and USA. “We are extremely pleased to cooperate with G&W Electric after having won them not only as a customer but also getting engaged in the fast-growing microgrid business. There is no better way to start a partnership and go-to-market than through such a large-scale real-life project.”

G&W Electric’s microgrid will cover multiple use cases including the capability of islanding, peak load shaving for energy savings and sub cycle backup power for critical asset protection. It will integrate roof top solar, support their facility’s continuous operation, and actively participate in ComEd’s demand response program by isolating itself from the grid to help reduce peak load demand.

G&W Electric’s microgrid will eliminate its energy dependency during times when prices are high, and it will provide more reliable and resilient power during seasonal peak demands and power outages.

The 2MW-8MWh CellCube VRFB will operate at up to 150 percent of its nominal power to catch attractive power prices in the PJM market. The system has been designed to provide the overrated power up to 3MW for nearly two hours and at 100% load for up to four hours.

“We see the microgrid market is entering a new stage where energy applications that allow for storing electricity from renewables over longer periods of time is gaining more importance”, points out John Mueller, chairman and owner of G&W Electric. “CellCube’s long duration battery technology unlocks huge value for G&W Electric with the lowest total lifecycle cost of any technology in the market. For us, it is an obvious step to partner with the market leader of Long-Duration Energy Storage.”

Https://www.cellcube.com/cellcube-and-gw-electric-are-joining-forces-to-bring-microgrids-to-the-next-level/

V205 Vanadium Pentoxide Flake 98% USD / lb
*Europe : US$8.70/lb (0.00%)

??Ferro Vanadium 80% USD / kg
*China : US$38.00/kg (0.00%)
?*Europe : US$35.25/kg ?(-1.40%)

WWW.VANADIUMPRICE.COM

Fastmarkets Ferro-vanadium 70-80% V, in-whs Pittsburgh, $/lb. (Graph)
https://www.fastmarkets.com/commodity-price/ferro-vanadium-70-80-v-in-whs-pittsburgh-mb-fev-0002

Energy Storage Facility, at 400MW/1,600MWh the world’s biggest battery energy storage system (BESS) project so far, is back online.
Owner Vistra Energy had called a temporary halt to its operation and market participation after battery overheating incidents at both phases of the project.
The 300MW/1,200MWh Phase I, commissioned in December 2020, went out of action after a September 2021 incident, while Phase II’s separate 100MW output and 400MWh of capacity went online a month before that incident, only to be also switched off in February this year.
Vistra said in a statement yesterday (11 July) that a successful restart has been carried out with more than 98% of the total 400MW storing energy and releasing it to California’s CAISO grid. The plan communicated earlier by the company, had been to have it up and running during the first half of this year.
While the company had not responded to an earlier enquiry on progress from Energy-Storage.news last month, yesterday Vistra revealed it had been incrementally beginning to re-energise the battery energy storage system (BESS) in May and June.
The final 2%, or 7MW, will come back online once equipment (replacement batteries and electrical components) arrives on site and the company said it continues to work with regulators and local authorities as restoration work goes on.
A further expansion of the facility is ongoing, the independent power producer (IPP) said. Phase 3 will add 350MW/1,400MWh of capacity and the start of its installation was announced in January. The company has previously said that Moss Landing, at which BESS technology has been installed in the former turbine halls and other parts of a former gas power plant site, has the infrastructure and grid connection capacity to potentially be sized up to 1.5GW/6GWh.
Indeed, California utility PG&E, which is an offtaker for Vistra’s BESS, has also just deployed its own system at Moss Landing, the 182.5MW/730MWh Elkhorn Battery. While Vistra’s Moss Landing project uses LG Energy Solution battery racks, Tesla supplied the full BESS solution to PG&E for Elkhorn.
Batteries themselves were not the cause of the overheating, at least not at Phase 1, according to Vistra’s principal investigation findings published in January.
Instead, a fault-detection system responded to an overheating air-handling unit, triggering sprinklers that “improperly” sprayed water onto battery racks, which had been operating at normal temperature until the spraying occurred.
Vistra’s report also contained a number of corrective actions that the company said it would take.
www.ferroalloynet.com

V205 Vanadium Pentoxide Flake 98% USD / lb
*Europe : US$8.70/lb ?(-2.25%)

??Ferro Vanadium 80% USD / kg
*China : US$38.00/kg ?(-1.30%)
*Europe : US$35.75/kg (0.00%)

from WWW.VANADIUMPRICE.COM

Unsurprising, amongst all the rest of the uncertainty, V prices also reported to be trending down across all markets, it is what it is!

In the event, I was certainly wrong about the analysts call and the expectation of disclosure of their intentions!

@Sistersoffate, I disagree. A copy below of another of my posts on that very subject.

imo there is no way they would have announced to the market such a serious structural change in the future structure of the company without knowing exactly what they are about.
To so would have been the hight of corporate irresponsibility. This move has been mapped out in minute detail for a very long time …. imo!

Lindon
Posted in: BMN
Posts: 1,708
Price: 6.80
Hold
RE: Intention to carve-out of Bushveld Energy as a standalone company02 Jul 2022 08:51

@Uksteveg, I doubt they’ve made this declaration without knowing exactly what the roadmap is going to look like and imo, working through those considerations is exactly what has been behind the radio silence from BE which has been in place for a very long time. I cannot believe we’ll have to wait any longer than the analysts call on Monday for the way forward being made clear. Questions are undoubtedly going to be asked and having now broken the news of this ‘reset’ they surely must be well prepared to answer them. I cannot believe they intend to hide behind further ambiguity now this has been released.

Looks to be no change

SHAREHOLDER NUMBER OF ORDINARY SHARES % OF ISSUED CAPITAL
1 Hargreaves Lansdown Asset Mgt 258,341,253 20.41
2 Interactive Investor 239,170,079 18.90
3 Halifax Share Dealing 136,289,000 10.77
4 Orange Trust 72,322,657 5.72
5 A J Bell Securities 69,895,632 5.52
6 Barclays Wealth 45,699,260 3.61
7 Acacia Resources 45,547,618 3.60
Bushveld Minerals Ltd Director & Related Holding(s) 15,568,422 1.23

Pretty much predictable imo, BMN poor comms remain on track, copy of my post 1/7
Lindon
Posted in: BMN
Posts: 1,708
Price: 6.80
Hold
Intention to carve-out of Bushveld Energy as a standalone company 01 Jul 2022 18:07

The market does not like uncertainty, it needs direction. Having now disclosed the ‘ intention’ AND declaring that it hopes to carve off BE … but “will maintain a strategic investment in the company” … FM now needs to quickly follow that up and provide a clear and precise roadmap laying out the all the implications intentions and timescales, also including itemising exactly what parts of the group will be “carved off” for this “reset”
Without a clear roadmap of their intentions, imo, the sp will be going nowhere anytime soon.

The main reasons for the despondency imo, is the vast cloud of uncertainty created by FM.

The market has no clue as to how the company is going to be structured, no idea if BE is being carved off to become part of the MUST rto manoeuvring, no idea what parts of BELCO, if any are going with it.
Also with reports of Kiln 3 ramp up experiencing problems since commissioning got completed, sales disrupted due to various reasons and Orion $48 million, settlement cost issues now starting to loom over the horizon … and also due to,past disappointments the market hasn't imo, any great expectations that Q2 is going to have a material positive effect on the sp.

Under such circumstances of prevailing uncertainty the sp is never likely to break out of its current trading range until FM removes all the ambiguity surrounding the future structure of the vertically integrated BMN/BE model … also after all the years of talk, a VRFB contract win or two might help!