Member Info for oldtramp

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/

£168k late trade @ 3.577 showing up from yesterday

🤔

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/

Thanks for your thoughts Timaeus Duncan is certainly having an illustrious career along with being chairman of SAE and putting his hard earned into the company.

Worth a read.

https://www.thomas-lloyd.com/en/news-and-insight/thomaslloyd-hires-head-of-portfolio-asset-management-under-recently-appointed-cio

Evening Timaeus as always an interesting post .

Regarding

“ The plan should be for “well capitalised tidal turbine suppliers” to provide turbines (backed by warranties) that MeyGen can either lease or, if and when MeyGen can afford them, buy”

Which turbine supplier do you think would fit the bill? SAE have put in a request to change the size of the turbine blades along with the MW upped to 3mw to the best of my knowledge the only supplier currently capable is Proteus are they well capitalised enough? Or do you know of another supplier?

Keltickilla

The most probable route for expansion would be storage duration currently a 2hour cycle ie the batteries can provide 2 hours of supply before needing to recharge.

However 3 hour storage batteries are now available so 120mw/240mw would then become 120mw/360mw hope that makes sense .

Morning chaps good to get an RNS although more details on the contract with ENSO would have been appreciated.

Regarding the capacity of BESS at Uskmouth I agree with Stangys calculation it is also possible that similar to the 1st BESS project the 2nd one could be expanded to make up to the 1GW ?

Thanks Strangy much appreciated be good to hear from the company now with details on the deal with Enso 🤞