Member Info for Piltick

Alternatively PHE should consider raising the full Capex via a placing and build the FOAK themselves, with a waste management company or a local authority.

That's my concern as well Bert. But as LedZep says, no reason why they can't bring in waste plastic for feedstock from elsewhere initially, and produce electricity for the local grid connection. And of course they won't be producing hydrogen until such time as there is a demand for it at the Protos hydrogen filling station, which may take some time to get built.

For some time now I've had doubts about whether the First of a Kind would be built at Protos. We may find that the FOAK is built by HUI at either Poland or Ireland.

That's what I thought LedZep, and of course Covanta is basically an incinerator for disposal of a variety of waste, so we won't be getting any feedstock from them.

Thanks Mike, that was more or less what I was thinking as well. I didn't think they were right about the production of the vanadium, and neither did I think they were taking into account the massive increase in demand for lithium that we might expect in the next few years due to EVs, and actually because of battery farms for grid support, and for manufacture of windmills. So the way I was looking at it, supply of vanadium might be a safer bet in 5 or 10 years time!

I might copy that info to Joe Worthington at IES.

Mike: " He recognised the batteries were going to be needed in large amounts and lithium would not be able to supply that capacity because of it's growing scarcity by being used in EVs."

This quote is contrary to what I was told by a battery farm project developer, as follows:

"Due to the fact that mining for Vanadium batteries is undertaken in China and Russia this would not meet with Statkraft’s strict compliance and ethics regulations. We are able to procure Lithium batteries which do meet these standards and use materials sourced from other countries such as Chile and Australia. We also expect to see more manufacturing of Lithium batteries in Europe in the near future. "

Something afoot?

17) Summer - commissioning starts at the Protos Energy Recycling Facility….
When they say "Protos Energy Recycling Facility" they are referring to the Covanta facility, not the PHE facility.

"February - completion of phase two infrastructure works at Protos, Peel NRE..."
So that's completion of the infrastructure works. Does that mean that the construction of PHE-Peel SPV's buildings etc. will only commence after that is done?

I am quite sure we'll be getting news before Christmas. Whether it's good or bad news, is another matter.

Everybody is waiting on Peel.

Good piece of info Tatty. I just hope Audible reads it and acknowledges what you are telling us.

Good interview, well worth listening to.

I think some of us knew that already before COP27 came along!

If you look at the prices for the actual buys and sells then the spread isn’t near 50%.

It was actually Peel who said that they wouldn’t lease the plot unless PHE and W2E merged. In reality if they hadn’t merged neither of them would have survived, because W2T couldn’t raise the funds to build the FOAK and PHE didn’t want to be the “developer” as they wanted to produce and lease the technology. So Peel said they would become the developer in the UK. Then they ground to a halt.

Because PHE’s DMG will produce a small amount of CO2 when they burn syngas to produce electricity, and that CO2 will go into the Protos carbon capture system.

The govt funding will be going to the University of Manchester, none to PHE. But PHE will benefit from the process because it will enable them to extract hydrogen from the syngas more efficiently and at lower cost.

I somehow get the feeling that the “market” hasn’t fully grasped the implications of this article.

alkin: "No mention of PHE!"

That may be because, if my understanding is right, the hydrogen to be produced by PHE's DMG at Protos is destined to go to a hydrogen refuelling station for HGVs on the Protos site, and will not be fed into the NW hydrogen network.

Looks very much like it NH!