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Interesting article from Meta today as mentioned by David Whelan in the investor meet.
https://about.fb.com/news/2024/04/new-education-product-for-quest-devices/amp/
Also of note is most if not all the colleges mentioned are using the Engage platform currently.
Morning Timaeus as usual a good post.
Glad you mentioned insurance as the report mentioned a 3 to 5% cost saving .
If you look here on page 23 it goes into the OPEX for Meygen and at 32% for lease and Insurance it is one of the main costs.
https://webassets.bv.com/2020-06/MeyGen%20Lessons%20Learnt%20Full%20Report_0.pdf
Be good to hear an update on the progress of the 2nd BESS at Uskmouth that SAE are working on with ENSO with the permissions granted and Wyre Valley demolition currently working on the groundwork should be moving along swiftly.
I noticed that Enso holdings have just sold other BESS and Solar projects once they reach the build phase .
https://www.tlt.com/insights-and-events/news/tlt-completes-sale-of-enso-green-holdings-limited-portfolio/
Great BBC podcast released today on Tidal energy starts with Meygen and Fraser Johnson of SAE well worth a listen
https://www.bbc.co.uk/sounds/play/w3ct4n0l
Thanks for that minim 👍
Just to add if anyone is confused scroll down to
>Data and Resources
Click on the
>CfD Contract Portfolio Status
Then type in Meygen in
>search data box
5 CFDs will show up
AR4 showing pre start with the AR 5,s showing pre MDD
Well at least something is going on .
https://indeximate.com/news/indeximate-commences-cloud-cable-condition-monitoring-with-meygen/?trk=organization_guest_main-feed-card_reshare_feed-article-content
This is well worth a watch will be a huge asset for the educational customers of Engage
https://www.linkedin.com/feed/update/urn:li:activity:7178374874573242371
Good increase on power generation from Meygen
Posted on Twitter
“We had the pleasure of hosting a visit from the Low Carbon Contracts Company last week. It was a great opportunity to share the MeyGen success story having generated over 62GWh of predictable renewable electricity to date!”
https://twitter.com/saerenewables/status/1767829966492741997
This is a great addition to the Engage platform added today.
Should go down very well with the Education side of the business.
https://engagevr.io/school-of-ai/
Thanks for that Mr T
Just for info Pot 2 includes
Pot 2: Advanced Conversion Technologies, Anaerobic Digestion (>5MW),
Dedicated Biomass with CHP, Floating Offshore Wind, Geothermal, Tidal
Stream, and Wave.
Also worth bearing in mind to apply and qualify they need to have a grid connection in place of which Meygen has .
Bit of an update on Proteus website today
“Proteus already has a long-term offshore services agreement for the 6MW array and is now working under a letter of intent with MeyGen to supply AR3000 turbine systems to Phase 2 via an Alliance contracting model.”
https://proteusmr.com/projects/
Hopefully the PWC contract is with Neom
https://www.strategyand.pwc.com/m1/en/strategic-foresight/functional-expertise/digital/metaverse/middle-east-perspective-on-the-metaverse.pdf
Neom
https://wired.me/technology/saudi-arabias-new-metaverse-will-help-design-500bn-city-irl/
Have you seen this Timaeus? Good choice of username for this BB 👍
https://saerenewables.com/so-where-did-the-atlantis-turbine-families-solon-and-nereus-get-their-names/
This article is worth a read Meygen AR6 all get a mention.
https://www.energyvoice.com/renewables-energy-transition/wave-tidal/uk-wave-tidal/546770/uk-marine-energy-sector-hopes-to-continue-making-waves-in-ar6/
Morning Mr T
SAE do not benefit directly as the £50m goes to Quinbrook . However with other Bess projects on the cards at Uskmouth it is good to see interest in the projects from local sources.
Not much news around but good to see Greater Gwent Pension Fund investing in Uskmouth BESS via
£50m allocation to the Quinbrook Renewables Impact Fund.
https://www.room151.co.uk/151-news/greater-gwent-pension-fund-ramps-up-levelling-up-investments/?trk=feed_main-feed-card_feed-article-content
Apple Vision Pro headset also launched in the shops today DW has already stated Engage will be available on the headset .
https://www.dailymail.co.uk/sciencetech/article-13038495/apple-vision-pro-reality-set-launches-us.html
Normally get a trading update and notice of results in Jan MKS123 so might find out how Lenovo sales are going next week 🤞
From what I can find EXR are also collaborating a lot more with Meta recently any news on that front would also be welcomed.
Worth a read if anyone is still in here .
https://www.xrtoday.com/mixed-reality/the-dawn-of-genai-driven-realities-engage-xr-and-lenovo-redefine-interactive-learning/