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Yes, the same as you putting petrol into the tank and burning it once at a 35% efficiency. Perhaps we should call all ICE cars heaters. As they heat the air more than move the vehicle. Regards to recycling see the link: https://www.greencarreports.com/news/1122631_tesla-launches-battery-recycling-at-nevada-gigafactory
You need to stop reading The guardian. The media doesn't have a clue or care a jot when it comes to this stuff. They just want the clicks on the site. :o(
I think you might noticed that they are in cabinets. You might lose one cabinet possibly. Any more would be consider careless. All systems are under 24/7 use and will be looked after as they make money for the investor. Whilst I am a IES share holder. Spreading this sort of junk should be stopped now. How many ICE cars have fires? A lot more than a EV does when you look at the numbers. Don't see you jumping up and down about that. It in the same pot as Wind Turbines kill birds. Yes, a few thousand a year. But, the cat takes out 4 to 5 million a year and we don't blink or comment about that.
"Just think of all the energy needed to mine and transport the lithium" - The petrol chemical industry ? How does the fuel get to the petrol stations? How is it converted into Petrol in the first place? Then, placed into a 40% efficient engine. The other normal complain is cobalt. The Oil crew had to remove the sulphur in the petrol. What do they use? Cobalt! They keep quite about that though..... Batteries chemistry will change and taking out the electrolytes will greatly reduce the weight element! (Wait for the Tesla Energy day) Things are cooking there I' sure. As always. There is a place for Hydrogen. But, I see it helping out more in the Heating element of CO2 reduction. Nothing wrong with that and still large part of the mix. So, can we stop throwing insults at each tech? All will be needed. :o) We currently recycle Lead batteries in 95%. There is little reason the same will not happen once batteries have had there day in a car. They are moved to storage for another 10 years use before finally being recycled. Aircraft engines will adapt and probably use plant base or algae. One increase of efficiency, allows for the reduction in energy input in the first place. Happy New Year. Chill guys.
GRID – Gresham House Energy Storage Fund - seems a good idea, but doesn't seem to have got on with it at present. Usual advice on this. It's not a recommendation just a steer. :o)
Dear All,
I invested back in 2016 and since then have seen little progress for the resource applied. I have in effect written the investment off and the shares will stay just in case a miracle occurs. :o) But, we are in the National Lottery odds.
I sure the people are very nice and diligent. The trouble is that doesn't make profits.
The company now has a few years before the Solid State battery is produced in production level. It's not IF it is When. 2025 being the latus.
This is a classic case of VHS and BETA video players. The Sold state battery will be able to be recharged multiple times without degradation is going to be here by 2025 in some form or other and the BETA Max player (G3) however technically good will become obsolete overnight.
Solid state you are changing the materials not the process and the manufactures generally prefer not to invest in more expensive assets unless they have to. Especial when the other option requires a material with erratic cost history.
As they say in the DEN "I'm out"
I wish you all the best.
Mr Michael Farrow - The BoD expects your resignation by close of play today. Don't need to import more problems than RED already has.
Thank you for your service.
Price No.
25-Oct-18 08:20:33 6.475 160,000
Well that a bit of a result. :o) The one time I've been pleased that the broker has been slow!
Lined up a 10K buy at 6.55 not expecting to get yesterday. Hay presto this morning have a contract notice to say it's done. Perhaps I'll set up a Sell order at 12p and see what happens.
I hope this is just following the FTSE 100. Whoever has pulled the plug. Kindly please put it back in again. :o)
Ho hum...
Yes, it was. :o)
I had a feeling that was going to happen. I'll monitor now we are out of 250K shares with a small profit. After 3 years!
Wait for it to slowly drop again.....
I have 115K in an ISA. So, will not miss anything if it does go off like a rocket. Need a little more SpaceX in the upward motion. I have a feeling that the Boring Company is going to win though. :o)
https://redtenergy.com/wp-content/uploads/images/3.FY2017-Results-Presentation-vWEB.pdf
This might help. Far enough back not to upset Company or LSE.
Just in case it does what it did last RNS release!
These announcements need to keep coming if you are to see a stable price.
Another water board would be good.
Its now time to use the "Keeping up with the Joneses game". i.e. Next door has a nice car why don't we?
For others interested.
https://www.nationalgrid.com/sites/default/files/documents/MBSS_Jan_2018%20V2.pdf
This provides a high-level view of the costs to the NG. Enjoy.
13thmonkey - Based on the services outlined here https://www.nationalgrid.com/uk/electricity/balancing-services/list-all-balancing-services , I believe you would do better as you have multiple options in using your energy banks.True, you have to be able to provide at least 1 MW capacity. So, that works out to a couple of million investment. At least these guys provide the costs. I've seen nothing on RED site to give an indication of the costing or payback. Besides the statement, they say state 5-7 years payback. They are still very light in actually providing a costing for that statement. Similar to the German deal. Got the total amount. But, what is the profit? As an Investor, I'm not interested in turnover without any profits to the company. What happened to all the other prospects? The UK farm crew has been given a 50% plus grant. Has to be used by DEC 2018! That's gone quite along with the other projects listed previously to the German contract. Any RNS coming on that BoD?
So, what do you base that on? National Grid costings?
Sorry, 125kW with a 25kW drain.
Comparison with Primus Power. They can provide an EnergyPod 2 - 75kW Unit with a 25kW drain at $75,000 ex-factory. Which is 58K in real money! :o)
http://primuspower.com/en/product/
Happy New Year to you all. Whilst you guys were trying to guess the price of the RED share for DEC 2018. I decided to ask one of the competitors how much one of their EnergyPod 2 Flow Batteries cost. The answer came back from PrimusPower of a LIST price of $75k (Cheaper the more you buy). Which, in real money is around �55k. This was a 125kW capacity machine with a 25kW discharge. Which, give the magic 5hrs duration that EFR is after. You need 40 of these to get into the EFR club, ie 1 MW of power. So, a mear 2.23 Million. Sound bad I know. But a TESLA PowerWall capital costs run in at �444 per kW. The EnergyPod works out a mear �0.44p per kW. (obviously, this is a back of an envelope figure. As I have not added the additional switchgear and site costs, etc.) Hopefully, this will put us in the right ballpark. Ever the optimist. I think the shares just might hit 92p if everything goes to plan.
Fpvone, I think you have missed the main feature of RED. It isn't a battery! Perhaps more reading on the subject would help?