Member Info for mitchoftheday

I suspect it might be Luciano Loro, a former professional cyclist.

I think Ophidian would be a fine choice...

They've just turned up on here bassguy

Intresesting question Somtam. My two kids are young adults and they have a 16% of our holdings in ISAs.

The End of the Oil Age - Economist today

"America’s Democratic presidential contender, Joe Biden, wants to spend $2trn decarbonising America’s economy. The European Union has earmarked 30% of its $880bn covid-19 recovery plan for climate measures, and the president of the European Commission, Ursula von der Leyen, used her state-of-the-union address this week to confirm that she wants the eu to cut greenhouse-gas emissions by 55% over 1990 levels in the next decade."

"With bold action, renewable electricity such as solar and wind power could rise from 5% of supply today to 25% in 2035, and nearly 50% by 2050."

Great plan pdub. I wish you well.

Good work pb940. Appreciate your efforts and look forward to Chika's response :)

I think the odds on us getting a good chunk of the Eskom tender have just shot up....

He'll probably accept Dan. I'm lInkedIn with him and Mikhail :-)

The answer is gobsmacking:
5.5kg of V goes into 1kWh of storage capacity.
3GWh is 3 million kWh, so 16.5 million kg needed, or 16,500 tons.
That's about twice the annual capacity of Vanchem and Vametco's combined (in 2024) BEING ADDED TO CURRENT DEMAND EVERY YEAR.

Annual production capacity will top 3 GWh. How much vanadium is that?

bassguy
Maybe it makes sense to make the electrolyte nearer to the customer, as it's heavy to transport and mostly water. So the East London plant is mainly for the African market?

Agreed Vulcan. There is a lot going on here, notably with marketing but more generally in stengthening the leadership team. Plus, the new financial year starts in September, suggesting a strong start to next year too.

Blimey. That looks rapid and effective, words not recently associated HM Gov.

I found this section interesting:
"As the virtuous cycle of clean disruption gains momentum, fossil fuels and fossil-fuel technologies will enter a vicious cycle
that will also affect the heating market. The fossil fuel industry’s diminished scale will make heat more expensive, leading
companies to replace it with cheaper, more predictable solar and battery technologies, leading to further erosion of fossil
fuel markets, leading to more expensive industrial and space heat, leading companies and consumers to drop fossil-fuel
heat altogether."
Gonna need a bigger mine...

Interesting Stuff bazz. Thanks.
The renewables bit is on the page numbered 46 (which is the 50th page in the document), in case anyone else was wondering about the significance of the East India Company...

Agree Calamari. No point fussing over a few squid now when you can have loads more in the future.

BMNfan - there was an RNS from IES this morning, and this contract is mentioned

The leading article this week calls for a global effort to tackle climate change. "Covid-19 creates a unique chance to steer the economy away from carbon at a much lower financial, social and political cost than before. Rock-bottom energy prices make it easier to cut subsidies for fossil fuels and to introduce a tax on carbon. The revenues from that tax can help repair battered government finances. The businesses at the heart of the fossil-fuel economy—oil and gas firms, steel producers, carmakers—are already going through the agony of shrinking their long-term capacity and employment. Getting economies back on their feet calls for investment in climate-friendly infrastructure that boosts growth and creates new jobs. Low interest rates make the bill smaller than ever. The world should seize the moment."

That rising tide floats my boat.

That is truly awful news Pdub. My thoughts are with you and GND.