Deja vu all over again7 Feb 2025 09:42
Let us hope they get it right this time. Here is a trip down memory lane.....................
RNS 21/7/2017
As previously announced, the Company has begun a robust program of testing and technical data collection for integration into the process engineering basis of design for the commercial roll-out of DMG. Distributed Modular Gasification© is a mechanism for the eradication of waste, the generation of distributed electricity, and, most importantly, the production of distributed hydrogen.
Operating on a feedstock of tyre crumb, PowerHouse engineers were able to demonstrate control of the process at ultra-high temperature which led to the generation of synthesis gas (syngas.) According to onsite, in-line analytical instrumentation, the syngas produced was greater than 50% hydrogen by volume. The remaining, measurable, constituent elements of the syngas were CO (carbon monoxide) and CH4 (methane.) Importantly, the in-line gas analysis equipment detected absolutely no CO2 in the gas stream generated by the Unit. A more rigorous analysis of the syngas produced in the DMG process will be conducted by certified external laboratories in future trials.
RNS14/2/19; yes, just 5 years ago.
The level of interest in the PowerHouse proprietary DMG® process from potential customers, development partners and engineering, procurement and construction (EPC) contractors has increased significantly in the last quarter. Most of the interest expressed has comprised specific enquiries that have been or are being taken through a screening process prior to formal proposals. As a consequence, we are progressing a number of potential deals in parallel, which we are confident will result in a final contract for the first commercial DMG®. We also have strong expressions of interest from over a dozen site owners who would like to establish DMG® units on their sites once our first unit is proven operationally.
We are currently collaborating on detailed site operational requirements, delivery programmes and framework contracts for 6 client sites in the UK where it is anticipated that the DMG® process will be utilised first. As part of this process, potential customers or partners are undertaking their own due diligence on the DMG® process, potential operational savings and the speed with which plants can be delivered. When this process is complete, heads of terms would need to be agreed before signing a formal contract. We would anticipate reaching a head of terms with at least one customer in the next quarter. Signing of contracts would initiate revenue generation for PowerHouse.
Sign In
Follow the stocks
