overview23 Dec 2020 12:28
PHE is a share potentially for the next decade.
It addresses 3 key needs in the UK and the world.
1. Each plant will get rid of 35 tonnes of non recyclable waste a day. Plastics and tyres. Millions of tonnes of this waste is created every year.
2. Need for non carbon fuel. Each plant will produce around 2000kg of hydrogen per day from the waste - that's equivalent to around 2000 gallons of petrol or diesel which at 30 mpg provides 60,000 miles of motoring.
3. UK needs to double electricity production. Each plant also produces 58 mwh of electricity per day.
The revenue streams for each plant will be from being paid to take in and process waste, selling hydrogen and selling electricity.
PHE is not going to build the plants itself but will sell the design and rights to use the system. A capital light business model.
Obviously there s huge potential for this system in both the UK and around the world.
There is an interesting page about the system on Peel Environmental's website
https://www.peelenvironmental.co.uk/news-blog/2020/9/1/20m-plastic-to-hydrogen-plant-at-peel-lampps-protos-moves-forward.
The Government is producing a paper on Hydrogen which is thought to be coming out in January 2021.
Please add more facts re PHE to the thread.