Last checked at 23 Oct 2017 07:00
POWERHOUSE ENERGY GROUP PLC - Progress on advance towards hydrogen purificationPOWERHOUSE ENERGY GROUP PLC - Progress on advance towards hydrogen purification
PR Newswire
London, October 23
23 October 2017
PowerHouse Energy Group plc
(“PowerHouse” or the “Company”)
Progress on advance towards hydrogen purification
PowerHouse Energy Group plc (AIM: PHE), the company focused on ultra-high temperature waste-to-hydrogen and waste-to-energy systems, and the creator of DMG©, Distributed Modular Gasification, is pleased to announce that it has confirmed with several multi-national suppliers of hydrogen clean-up and purification equipment and hydrogen (the “Suppliers”) that, based upon independent third-party laboratory analysis, the Suppliers’ equipment would allow Powerhouse’s DMG© system to achieve the delivery of 99.999% pure hydrogen.
Having recently had its synthesis gas fully analysed by an independent third-party laboratory and having forwarded the results to a supplier, PowerHouse has reached an initial agreement in principal, subject to minor engineering detail and finalisation of commercial arrangements, that one of the Suppliers is prepared to provide its proprietary small-scale Pressure Swing Adsorption (“PSA”) equipment to separate and clean up the hydrogen within the syngas to road-fuel quality hydrogen. Should the Supplier be selected to provide its equipment, it is prepared to guarantee and warrant the performance of the equipment.
Keith Allaun, Chief Executive Officer of Powerhouse, commented:
“Achieving this confirmation was a pre-requisite for PowerHouse to accelerate its commercial discussions with industrial transportation and other hydrogen road-fuel users. It is a key component of our commercial plan – and l within our stated budget – and further underscores our intention to become one of the first waste-to-hydrogen road-fuel companies.
Our successfully demonstrated and tested DMG© technology – for the conversion of waste plastic, end-of-life tyres, and other industrial and municipal waste materials – is the enabling mechanism that we believe will allow the roll out of distributed hydrogen production and carbon-neutral hydrogen refueling stations in the UK and in a number of countries around the world.”
For more information, contact:
| PowerHouse Energy Group plc Keith Allaun, Chief Executive Officer | Tel: +44 (0) 203 368 6399 |
| WH Ireland Limited (Nominated Adviser) James Joyce / James Bavister | Tel: +44 (0) 207 220 1666 |
| Turner Pope Investments Ltd (Broker) Ben Turner / James Pope | Tel: +44 (0) 203 621 4120 |
| Allerton Communications (Media enquiries) Peter Curtain | Tel: +44 (0) 20 3633 1730 |
About PowerHouse Energy
PowerHouse Energy Group plc is the developer of the G3-UHt Ultra High Temperature Gasification unit, and the creator of DMG©, Distributed Modular, Gasification, which allows for the distributed elimination of waste, the generation of distributed electricity, and the production of distributed hydrogen with the world’s first hydrogen from waste process (HfW).
The Company is focused on technologies to enable projects for energy recovery from municipal and industrial waste streams that would otherwise be directed to landfills and incinerators; or from renewable and alternative fuels such as biomass, tyres, and plastics to create synthesis gas (syngas) for power generation, or high-quality hydrogen as a fuel for transport. DMG©, allows for easy, economical, deployment and scaling of an environmentally sound solution to the growing challenges of waste elimination, electricity demand, and distributed hydrogen production.
PowerHouse is quoted on the London Stock Exchange's AIM Market. The Company is incorporated in the United Kingdom.
For more information see www.powerhouseenenergy.net