Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Just to add to what Dr. A said, the patent application covered the use of either syngas or electricity for the heating of the chamber.
Bob, be assured that genuine investors in PHE appreciate and value all your efforts.
Many thanks to both Bob and LedZep.
Hi NutHazard, yes this is far more important than investors may realise.
Plastic to syngas to plastic places the DMG in the truly circular economy.
It means that far less natural gas or oil will be needed to produce virgin plastic, only needed to supply the growth in the annual gross output.
I recall HW saying how energy and water intensive the current plastic recycling business is.
I could see, in the long term, that DMG would eventually be used to recycle all plastics not just the non-recyclable and un-recyclable that is our current target market, so our future target feedstock could be 5 times greater for plastics.
And then there is also, as the cost of the DMG system reduces with volume, the prospect of it being used to convert other lower value organic feed-stocks to syngas.
We haven't had "the train's leaving the station" for a few days, so here's a question for Gentleman1, https://www.youtube.com/watch?v=1oQwqwYrAUI
Enjoy
If you think about it you will realise that the vast majority of news that PHE put out will have been generated by it's licensees such as HUI.
The type of news from PHE itself will be more about the signing of new licensees and further developments of their technology (and new CEO's LOL).
And once the FOAK, wherever it might be situated, is producing syngas there is likely to be a flurry of new licensees signing up and then the type of news we are currently getting from HUI will be increased many-fold.
I don't think there is anything to be gained in splitting hairs about who is doing what.
One thing to remember though is that HW who was, as far as I can ascertain, instrumental in the set-up of HUI and their goals is working on behalf of PHE as advisor, he is also, to my knowledge, working to create similar results in Thailand and Japan.
Essentially HW is continuing his work as developer which he started under the auspices of Kieth Allaun where he was developing the FOAK on a Peel site. Due to various circumstances Peel are now in charge of the FOAK and although this is progressing much slower than any of us expected we should soon have a very positive news flow which will add value.
Let's also not forget that HUI have yet to apply for planning permission and we know from last weeks Roundtable event that this will not necessarily be any quicker than Peel unless they can build on a site that already has suitable permissions such as Shell, BP etc.
What I would be happy to say is that HW is a very valuable asset to PHE
Hi NutHazard, the 2 tonnes of H2 has 66Mwh of energy, put it through the generator at say 30% efficiency and you have an extra 20Mwh, or at 35% efficiency an extra 23Mwh.
Hi NutHazard, in electricity only a 40t/d DMG is going to produce around 78Mwh of electricity.
In the unlikely event that all cars came to the charging station empty and left full and assuming they were all 90kwh versions then 867 cars could be charged in a 24 hour period or 36 per hour.
If the average charge was 60kwh then it would be 1,300 cars a day.
Hope that helps.
Thanks for confirming Dr.A, yes I've done the numbers and where it's possible to to sell the syngas it is by far the better model, both financially and ecologically.
What are your views on this method being a circular plastic economy?
There are so many clues in the link that GustavK posted yesterday, I think our potential market has just expanded:)
Thanks for trying Kenny, I can recall various investment notes that referred to the total amount of power generated and the the amount of power exportable, that would give the parasitic load but I just can't find it.
If the parasitic load is 10% I reckon that the DMG would require in the region of 33Mwh per day to run.
This is pretty impressive when you concider that PEM electrolysis requires between 50 and 60Mwh to produce 1 tonne of H2.
Remember, the DMG will produce 3 tonnes of H2 and 43 tonnes of syngas per day.
If the parasitic load is 15% then the daily energy requirement would be in the region of 50Mwh, still very impressive for the returns.
Hi Kenny, can you recall what the parasitic load was i.e. the energy used to run the dmg? I recall in the early days of the G3 it was around 25% but I think they later reduced that to around 10 to 15%.
I'm trying to work out how much green electricity the DMG would use.
Another interesting point is “and has other co-benefits such as cutting the use of virgin materials in syngas production. “ by that HW must means oil, gas or coal.
Taken from https://archive.ph/omBfc#selection-2249.59-2249.150
What is syngas used for?
From https://www.azocleantech.com/article.aspx?ArticleID=377
Applications
Syngas can be used to produce a wide range of fertilizers, fuels, solvent and synthetic materials. Few examples are as follows:
Steam for use in turbine drivers for electricity generation.
Nitrogen for use as pressurizing agents and fertilizers.
Hydrogen for electricity generation, use in refinery industry to extract more diesel and gasoline from crude oil and for a large variety of hydrogenation reactions where hydrogen is added to unsaturated hydrocarbons.
Ammonia for use as fertilizers and for the production of plastics like polyurethane and nylon.
Methanol for the production of plastics, resins, pharmaceuticals, adhesives, paints and also as a component of fuels.
Carbon monoxide for use in chemical industry feed-stock and fuels.
Sulfur for use as elemental sulfur for chemical industry.
Minerals and solids for use as **** for roadbeds.
From that list items 4 and 5 catch my eye.....if the DMG can take waste plastic and convert it into a syngas that chemical companies are willing to buy can it be used for items 4 & 5?? If so it makes the DMG truly circular for plastics without a limit on the number of times it can go through the process, unlike the current method of plastic recycling which degrades the polymers and becomes unrecyclable.
Thanks GustavK for the link and JR69 for archiving it.
Some very interesting detail in there.
Some weeks ago Dr. A posted the cost of syngas at Eur440 if my memory is correct and HW says HUI would be looking to sell that at a 25% discount for a 10 year contract.
A 40 t/d DMG can produce 14,500 tonnes of syngas per year, that's 43.5 tonnes per day on the expected 333 days per year operation.
With the 25% discount that's Eur14,355 per day, Eur4,780,215 per year.
HUI are talking with Linde at Eur3/kg for H2 without any opex subsidy so at a production rate of 1,000 tonnes per year that's 3 tonnes per day which equates to Eur 9,000 per day, Eur2,997,000 per year.
Add in the circa Eur80 per tonne for the waste plastic which is Eur3,200 per day, Eur1,065,600 per year and you get a grand total of Eur8,842,815 per year gross before opex, plus further revenue if waste heat is sold.
That is so much more lucrative than selling H2 and electricity, it's also cheaper on the capex as there are no electricity generators and last but not least there is no CO2 produced by combusting the syngas to produce electricity.
Also note that green electricity is used for the kiln heating system.
Dropping the price of H2 to Eur1.50/kg would reduce the gross income before opex to Eur7,344,315.
Very interesting numbers and no CO2.
You can see why PHE/HUI haven't yet agreed the licence fee.
From the RNS, “ The formal IP Implementation licence to HUI for construction of its projects approved by Powerhouse, which will cover the licence fees to be received by Powerhouse for any deployment of the DMG technology, has yet to be agreed”
This statement comes as no surprise as PHE earlier this year stated that they would be reviewing future licence fees in view of the fact that they fully expect to be able to produce 3 tonnes of H2 from a 40 tonne per day DMG.
If anything this is more likely to result in a higher licence fee for any DMG producing H2.
This is a very interesting move and undoubtedly involves Linde.
In one of the latest Zac Mir podcasts Aleksandra talked about how Linde were introducing HUI to top level people across Europe which was really speeding up prospective DMG deployment.
Linde are global so they can and obviously want to do the same globally.
Good work Dr.A and thank you to all those who supported.
Howard can't commit one way or the other but it seems a sensible option to consider.
Hi Dodger47, I've emailed Howard.