Member Info for Piltick

Now they've got a working system that they can show to people.

Testpack as I pointed out in my post yesterday the DMG is not a one trick pony, and you don't seem to be factoring into your calculations the income that will be received from the gate fees for the waste plastic feedstock, the income from the sale of electricity, the income from the sale of heat, the income from the sale of char, and the income from consultancy.

Even if the cost is anywhere near your estimate, there is still profit to be had as the retail price at the "pump" is about £10 per kg at present, and that roughly equates with the price of diesel regarding energy content.

I'm sure that PHE's management and accountants will have done very precise calculations and forecasts, as they will have more accurate cost figures available to them than any of us have.

If that’s their timeline then surely the DMG FOAK will be the one at Protos?

I suppose it depends how much you can get paid for your hydrogen! I also think that some of the off-peak, and hence cheaper, renewable electricity may be used to generate hydrogen which may then be used to fuel EVs, or to help balance the grid by generating electricity during peak periods, or even to create ammonia. At the end of the day, the “market” will have to adjust up or down as we move away from fossil fuels.

.

Interestingly, Nel Hydrogen (Norway) have announced that their A Series features a cell stack power consumption as low as 3.8 kWh/Nm3 of hydrogen gas produced. That works out at 46.3 kWh per kg of hydrogen produced, so that's lower than the numbers mentioned previously in this thread.

Incidentally, 1 kg of hydrogen contains approx. the same amount of energy as a gallon of diesel. And a gallon of diesel (at current price of about £2.00 per litre) costs about £9.00. I believe that hydrogen for EVs at the "pump" costs about £10 per kg.

It is difficult to do a direct comparison between the production of hydrogen from the DMG and production of hydrogen from renewable electricity using electrolysis, because the DMG is not just producing hydrogen, it is a multi faceted plant. The DMG will earn revenue from gate fees for the waste feedstock, from sale of electricity, perhaps sale of some syngas, possibly sale of heat, sale of char, in addition to sale of hydrogen. So how much it will cost to produce hydrogen by DMG is a complex question.

But it would be interesting to know how much renewable electricity would be required by an electrolysis plant to produce the equivalent amount of hydrogen to the DMG i.e. 2 tons per day. The internet gives a range of estimates for this from 48kwh to 55 kwh to produce 1 kg of hydrogen. Based on 48 kwh per 1 kg of hydrogen that would require a total of 96 MWh to produce 2T of hydrogen per day. The next question would be how much would 96 KWh cost a for company such as ITM, and I don’t have the answer to that.

Perhaps the government should be mandating that when existing incinerators reach the end of their life they ought to be replace by DMG units!

And also, beyond plastic, there are mountains of tyres that need to be dealt with, instead of burning them or shredding and landfilling.

· Successfully achieved Approval in Principle ("AiP") in December 2021 from international certification agency DNV for Ammonia based fuel cell and cracker system for cargo ships in conjunction with ship builder, VARD

It won't be AFC who lease out the equipment because they are not a leasing company. If someone wants to lease some of AFC's products that will be done through a leasing or finance company. So AFC will sell the products to the leasing company, who will then lease it to the customer.

So that will constitute a "sale" for AFC.

HUI is mentioned in the Interim Chairman's Statement:
The need to concentrate on Protos meant that development of Powerhouse's business in other areas took a back seat. Even so, the Company continued to work with its development partners and entered into a collaboration agreement with Hydrogen Utopia International Plc ("HUI"). An application for approval of an environmental impact assessment of a project in Konin, Poland was submitted to the Polish authorities by HUI, response to which is still pending.

I think that is excellent turnover considering it was earned in supporting just one project at this stage.

Not surprised given the circumstances.

We know that PHE and HUI have a collaboration agreement, but I think it would help to put a stop to all the "FUD" if they could mention each other in their reports, where appropriate of course.

https://uk.advfn.com/stock-market/AQSE/hydrogen-utopia-HUI/share-news/Hydrogen-Utopia-International-PLC-Waste-plastic-to/88461786

Well I have to admit to being somewhat confused also!

Got a link Tatty?

I believe the target for having it up and running is 18 months.

Well spotted LedZep!

This is yet one more use for the off-grid generator!