Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPowerhouse Ener Regulatory News (PHE)

Share Price Information for Powerhouse Ener (PHE)

Share Price is delayed by 15 minutes
Get Live Data
0.21    0.00 (0.00%)
Bid:
0.20
Ask:
0.22
Spread: 0.02 (10.00%)
Market Cap: £10.76m
PHE Live PriceLast checked at - London Stock Exchange

Intraday Powerhouse Ener Share Chart

Progress Update

2 Mar 2018 07:00

POWERHOUSE ENERGY GROUP PLC - Progress Update

POWERHOUSE ENERGY GROUP PLC - Progress Update

PR Newswire

London, March 1

2 March 2018

PowerHouse Energy Group plc(“PowerHouse” or the “Company”)

Electricity Production with DMG® System at Thornton Science Park

PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and end-of-life tyres, is pleased to provide an update on progress with the demonstration system at the University of Chester’s Thornton Science Park.

The DMG® (Distributed Modular Gasification) demonstration system was successfully commissioned last summer after a complete rebuild and upgrade on its arrival in the UK. The system has continued to operate as expected over a period of nearly six months with a variety of feedstocks producing high-quality synthesis gas (“syngas”) safely and efficiently. Independent engineering analysis of the gas produced by tyre crumb has determined that the syngas can be adequately purified to provide a 99.999% pure stream of road-fuel-quality hydrogen while in parallel generating electricity from excess syngas.

Thus far in 2018, the testing program at the Thornton site has been concentrated on plastics – our initial targeted commercial feedstock. Both native plastic and waste plastic feedstock have been tested under a variety of pre-determined conditions to produce hydrogen-rich syngas and syngas for electrical generation.

The penultimate aim of the testing program has been the successful operation of the Company’s gas generator system for the production of electricity. The gas generator set has been operated on the syngas streams derived from each native and waste plastic using the syngas produced by the DMG® system for internal load operations. The data derived from this testing program is contributing substantially to the front-end-design engineering program for our first commercial project targeted at the Ellesmere Port area as announced previously. Subsequent to initial commercial operations the Company will finalise the engineering of the ultimate aim of the DMG® System: hydrogen production. 

The next stage of electrical production testing for the DMG® system will include connection of the generator to the Energy Centre’s micro-grid at Thornton Science Park. The site engineering for the micro-grid connection is under way and is being managed by the Energy Centre, with the expectation that the PowerHouse system will support the operation of the centre’s combined heating and power plant and other independently operated electrical components.

David Ryan, Technical Director of PowerHouse, commented:

“The results of the plastics testing have been very encouraging and allow us to feed valuable data into our rapidly advancing commercial process design. We continue to use the data derived from our process demonstration unit in our ongoing dialogue with prospective manufacturers and to aid and accelerate our planning and permitting processes.”

For more information, contact:

PowerHouse Energy Group plc Keith Allaun, Chief Executive OfficerTel: +44 (0) 203 368 6399
WH Ireland Limited (Nominated Adviser) James Joyce / Chris ViggorTel: +44 (0) 207 220 1666
Turner Pope Investments Ltd (Broker) Andy ThackerTel: +44 (0) 203 621 4120
Buchanan (Media enquiries) Mark Court / Chris LaneTel: +44 (0) 20 7466 5000

About PowerHouse Energy

PowerHouse Energy Group plc is the developer of the G3-UHt Ultra High Temperature Gasification unit, and the creator of DMG®, the Distributed Modular Gasification System that allows the distributed eradication of waste, the generation of distributed electricity, and the production of distributed hydrogen with the world’s first hydrogen from waste (HfW) process.

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 eradication, landfill diversion, electrical demand, and distributed hydrogen production.

PowerHouse is quoted on the London Stock Exchange's AIM Market and is incorporated in the United Kingdom.

For more information see www.powerhouseenergy.net

Date   Source Headline
2nd Jun 20265:00 pmRNSOversubscribed Retail Offer and TVR
1st Jun 20267:05 amRNSRetail Offer through the BookBuild platform
1st Jun 20267:00 amRNSResults of Placing and TVR
29th May 20261:45 pmRNSProposed Placing and Retail Offer
18th May 20267:00 amRNS-REnergy From Waste Innovation Award
14th May 202612:57 pmRNSResult of General Meeting and TVR
28th Apr 20267:00 amRNSOperational Update
27th Apr 20267:00 amRNSOversubscribed Retail Offer
23rd Apr 20267:05 amRNSRetail Offer through the BookBuild Platform
23rd Apr 20267:00 amRNSConditional Placing to Raise £400,000
13th Apr 20267:00 amRNS-RGranting of non-exclusive licence to HUI
17th Mar 20269:20 amRNS-RPublication of Research Report
2nd Mar 20267:00 amRNSMENA, GCC and Asia Marketing Agreement
28th Jan 20267:00 amRNSSubmission of Planning Application
26th Jan 20267:00 amRNSSigning of Agreement to Lease Site in Ballymena
5th Dec 20257:00 amRNSChange of Advisers
1st Dec 20257:00 amRNSAustralian Project update
24th Nov 20257:00 amRNSEngsolve Trading update
20th Nov 20257:00 amRNSFurther Patent Grants
18th Sep 20257:00 amRNSFeedstock Testing Unit update
16th Sep 20257:00 amRNSHalf Year Report for 6 months ended 30 June 2025
1st Sep 20257:00 amRNS-RPublication of Research Report
31st Jul 202512:36 pmRNSDirector’s Dealing
10th Jul 20252:12 pmRNSResult of AGM
10th Jul 20257:00 amRNSAGM Update
3rd Jul 20257:00 amRNS-RLetter of Intent – Hydrogen offtake, Ballymena, NI
30th Jun 20257:00 amRNSCompletion of FEED for NH2
10th Jun 20257:00 amRNSAudited Results for Year Ended 31 December 2024
29th May 20252:36 pmRNS-RNew Website
22nd May 20257:00 amRNS-RFurther Patent Grants
20th May 20258:52 amRNSEngsolve Trading update
25th Apr 20252:31 pmRNSDirector’s Dealing
20th Mar 20257:00 amRNSResult of Retail Offering and TVR
14th Mar 20255:15 pmRNSRetail Offer
14th Mar 20255:15 pmRNS£1.25m Placing, Options Grant, Retail Offer & TVR
4th Mar 20257:00 amRNSCapital Markets Day Presentation
10th Feb 20257:00 amRNS-RNotice of Capital Markets Day
20th Jan 20257:00 amRNS-RProposed collaboration agreement with Avioxx
16th Dec 20247:00 amRNSTechnical Centre Update – Mechanical Completion
18th Nov 20247:00 amRNSAward of FEED to Engsolve
11th Nov 20247:00 amRNSJapanese Patent Grant Confirmed
25th Oct 20244:13 pmRNSAward of share options
15th Oct 20247:00 amRNSEuropean Patent Grant Confirmed
30th Sep 20247:00 amRNSDirector’s Dealing
19th Sep 20247:00 amRNSHalf Year Report for six months ended 30 June 2024
7th Aug 20247:00 amRNSAppointment of Broker
28th Jun 20247:00 amRNSResult of AGM
19th Jun 20247:00 amRNSDelivery of Kiln to Technical Centre
10th Jun 20247:00 amRNSDirectorate Update
7th Jun 20241:21 pmRNSExercise of Warrants

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.