Battery storage

[jed]

Hi chaps
As above I’ve been approached by a company saying that we have suitable ground for a electricity battery storage facility .
Offering good money index linked over 30 years 5 acres required.
They want me to sign a letter of Authority to give them permission to negotiate with the power company.
Must admit I’m greener than Kermit the frog when it comes to renewables any advice greatly appreciated.
thanks
Jed

 

[snarling bee]

I assume that you have a connection to the grid nearby.
Ask them about the projects they have already done, and get an idea of rent and length of lease before you sign anything. It would probably be worth engaging a specialist agent before you go too far, if the battery company are serious they will probably agree to pay for you to get a bit of advice.
5 acres sounds a lot for batteries, we have 40MW (22 containers and a sub station) on less than 2 acres. Unless they want extra for access or landscaping.

 

[jed]

I assume that you have a connection to the grid nearby.
Ask them about the projects they have already done, and get an idea of rent and length of lease before you sign anything. It would probably be worth engaging a specialist agent before you go too far, if the battery company are serious they will probably agree to pay for you to get a bit of advice.
5 acres sounds a lot for batteries, we have 40MW (22 containers and a sub station) on less than 2 acres. Unless they want extra for access or landscaping.

We have two 33 Kev lines and an 11 Kev line crossing the ground and are 1/2 mile from the main town substation can anyone recommend a specialist agent .
I’ve had a look a the company who have approached me and they seem genuine they have said 5 ac for possible future expansion and if only two wanted I can farm the remaining on a licence.
My main concern was signing the letter of authority by doing this am I legally tying myself to them .Although they have said it won’t I’m somewhat sceptical.

 

[snarling bee]

I think the connection will apply to the site rather than the company, but I'm no expert. Rightly or wrongly I've trusted people in the past and its always worked out okay.
I'll PM the agent we used.

 

[herman]

The connection will have to be sought from the owners of the grid that your site will connect to.
The process is quite a rigorous process I understand with bidding for the connection.
Would think the company would want to secure your site before they start the process of getting the connection.
The size and the capacity of the substation would determine the site capacity as I understand.

Keep both eyes open and employ a reputable and experienced it this field land agent that the company will pay for your representation.
Options will tie you to that company, so if another wins the connection it has sterilised your land for the length of the term.
You also want to get future expansion of battery capacity efficiency put in the contract, in the last few years they have improved greatly and will more so in the future.

 

[Overby]

Something similar here, do you mind if i ask rough figs you've been quoted. The battery sector is about to take off apparently due to recent advancements.

 

[Humble Village Farmer]

I wouldn't sign anything that you haven't put in front of a solicitor first.

 

[Y Fan Wen]

And so the future arrives, whatever we may wish or think:

'We are on the cusp of the fastest, deepest, most profound disruption of the energy sector in over a century. Like most disruptions, this one is being driven by the convergence of several key technologies whose costs and capabilities have been improving on consistent and predictable trajectories – namely, solar photovoltaic power, wind power, and lithium-ion battery energy storage. Our analysis shows that 100% clean electricity from the combination of solar, wind, and batteries (SWB) is both physically possible and economically affordable across the entire continental United States as well as the overwhelming majority of other populated regions of the world by 2030. Adoption of SWB is growing exponentially worldwide and disruption is now inevitable because by 2030 they will offer the cheapest electricity option for most regions. Coal, gas, and nuclear power assets will become stranded during the 2020s, and no new investment in these technologies is rational from this point forward.'

The Future of Energy | RethinkX

Explore the disruption of the energy sector driven by solar, wind, and battery technologies, leading to near-zero marginal cost energy for all by 2030.

www.rethinkx.com

Listened to an interesting prog on R4 last night about South Australia's drive for renewables against the wishes of the federal govt..
When SA suffered blackouts, the Aus PM waved a lump of coal in the chamber and ranted about renewables unreliability. The blackout was caused by storm damage to the distribution system.
SA has the world's biggest battery 189Mwh.

World's largest lithium-ion battery expanded by 50 per cent, SA lauds battery benefits

The world's largest lithium-ion battery is now capable of delivering 150 megawatts and could save South Australia from a statewide blackout, according to the state's energy minister.

www.abc.net.au

 

[br jones]

And so the future arrives, whatever we may wish or think:

'We are on the cusp of the fastest, deepest, most profound disruption of the energy sector in over a century. Like most disruptions, this one is being driven by the convergence of several key technologies whose costs and capabilities have been improving on consistent and predictable trajectories – namely, solar photovoltaic power, wind power, and lithium-ion battery energy storage. Our analysis shows that 100% clean electricity from the combination of solar, wind, and batteries (SWB) is both physically possible and economically affordable across the entire continental United States as well as the overwhelming majority of other populated regions of the world by 2030. Adoption of SWB is growing exponentially worldwide and disruption is now inevitable because by 2030 they will offer the cheapest electricity option for most regions. Coal, gas, and nuclear power assets will become stranded during the 2020s, and no new investment in these technologies is rational from this point forward.'

The Future of Energy | RethinkX

Explore the disruption of the energy sector driven by solar, wind, and battery technologies, leading to near-zero marginal cost energy for all by 2030.

www.rethinkx.com

Listened to an interesting prog on R4 last night about South Australia's drive for renewables against the wishes of the federal govt..
When SA suffered blackouts, the Aus PM waved a lump of coal in the chamber and ranted about renewables unreliability. The blackout was caused by storm damage to the distribution system.
SA has the world's biggest battery 189Mwh.

World's largest lithium-ion battery expanded by 50 per cent, SA lauds battery benefits

The world's largest lithium-ion battery is now capable of delivering 150 megawatts and could save South Australia from a statewide blackout, according to the state's energy minister.

www.abc.net.au

I see russia has opened another coal mine,with at least 2.2billion tons of coal ,and a new oilfield with another 3 to 4 billion barrels of oil ,they are not going to change soon ,the same for the majority of the world

 

[Y Fan Wen]

I see russia has opened another coal mine,with at least 2.2billion tons of coal ,and a new oilfield with another 3 to 4 billion barrels of oil ,they are not going to change soon ,the same for the majority of the world

From the point of view of electricity networks, I think that when low renewable countries see the price of units steadily going down in countries that have embraced swb then things will change faster than it looks at the moment.

 

[br jones]

From the point of view of electricity networks, I think that when low renewable countries see the price of units steadily going down in countries that have embraced swb then things will change faster than it looks at the moment.

But are renewables cheaper ? Not when labour is cheap,your winters are long.chinas coal usage is predicted to treble in the next 10 to 20 years, but hey ho

 

[Y Fan Wen]

'An independent review by consultancy firm Aurecon found the Tesla battery has saved SA consumers more than $150 million since it was built in 2017. "We expect these savings will continue to grow," Mr Pellekaan said.'
I don't see the price of labour having much effect on the electricity network and depending on the latitude of the country you would vary the mix of solar and wind with Australia going more for solar and GB going more for wind which is what is happening.
The hardest thing to get your head round when considering the power mix is that all the running costs of renewables is in the capital cost of construction. Running costs of conventional is fuel cost. That means the marginal cost of production in renewables is much nearer zero.
I have 40 years experience of this as that is the age of my hydro set. So possibly it is easier for me to get what Tony Seba is trying to say.

 

[Y Fan Wen]

But are renewables cheaper ? Not when labour is cheap,your winters are long.chinas coal usage is predicted to treble in the next 10 to 20 years, but hey ho

As President Xi has quoted 2060 as the target for decarbonising China, I wonder whether that forecast applies anymore.
US coal production has halved in the last 10 years.

 

[Doing it for the kids]

Hi chaps
As above I’ve been approached by a company saying that we have suitable ground for a electricity battery storage facility .
Offering good money index linked over 30 years 5 acres required.
They want me to sign a letter of Authority to give them permission to negotiate with the power company.
Must admit I’m greener than Kermit the frog when it comes to renewables any advice greatly appreciated.
thanks
Jed

sent you a pm.

renewables are worth getting into, pay much better than farming!

 

[herman]

I'm all for renewable energy but we shouldn't turn our back totally on a reliable power source such as coal, gas or even nuclear.
Back up plans are a good thing.

 

[curlietailz]

I’d advise you get a good Land Agent ASAP
And make the company pay your Land Agent and solicitors feed
If they won’t pay your fee don’t deal with them
And if you sign anything make sure there is a Long Stop date
Ie don’t sign an exclusivity agreement without a Long Stop of 1-2 years. Otherwise you will have given away exclusivity in perpetuity

x

 

[Part timer farmer]

A decent renewable firm will pay your reasonable surveyors and legal fees. shameless plug - my wife is a really keen renewable developer with a pipeline of battery storage sites she hopes to get funding for to build out one day , there does seem to be some movement in this industry now and she is looking for more sites - if anyone has land close to substation she will be interested, fees paid !

 

[RushesToo]

Sign nothing without advice. The extremes of your choices are

WORST - Sign blindly with advice from this forum.
BEST - You ask them to pay for you for the agent you choose.

But if you actually want to do a deal, you will be hitting a sweet spot somewhere between the two.

 

[Exfarmer]

Definitely get a good agent who can show experience in this field.
My biggest concern regarding batteries are the risk of fire and the resulting pollution. I would certainly not have one anywhere near my house

 

[PhilSL]

A decent renewable firm will pay your reasonable surveyors and legal fees. shameless plug - my wife is a really keen renewable developer with a pipeline of battery storage sites she hopes to get funding for to build out one day , there does seem to be some movement in this industry now and she is looking for more sites - if anyone has land close to substation she will be interested, fees paid !

If you are looking for funding I may be able to help as last week I was talking with a funder in the renewables sector about one of our projects and he asked me if we had any other projects which need funding, which we don't. Happy to facilitate an introduction.