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Pin to quick picksPowerhouse Ener Regulatory News (PHE)

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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
20th Mar 20182:00 pmRNSPrice Monitoring Extension
7th Mar 20187:00 amPRNShare Options Grants to Directors
2nd Mar 20187:00 amPRNProgress Update
27th Feb 20187:00 amPRNDirector/PDMR Shareholding
23rd Feb 20182:12 pmPRNDirector/PDMR Shareholding
20th Feb 20187:00 amPRNMemorandum of Understanding
12th Feb 20187:00 amPRNCorrection - Updated Corporate Presentation
9th Feb 20187:00 amPRNUpdated Corporate Presentation
6th Feb 201811:25 amPRNHolding(s) in Company
31st Jan 20183:56 pmPRNIssue of Equity
9th Jan 20187:00 amPRNFull Year Business Update
18th Dec 20177:00 amPRNHeads of Terms agreed for commercial DMG site
22nd Nov 20177:00 amPRNCompletion of Pre-FEED of Commercial DMG© System
23rd Oct 20177:00 amPRNProgress on advance towards hydrogen purification
20th Oct 20177:00 amRNSSuccessful demonstration of G3-UHT system
27th Sep 20177:00 amPRNInterim Results
26th Sep 201710:14 amRNSOpen days and technology demonstrations
25th Sep 20175:08 pmPRNHolding(s) in Company
20th Sep 20177:00 amPRNMOU for waste-to-hydrogen facilities in state of Qatar
31st Aug 20172:00 pmPRNIssue of Equity
24th Aug 20177:00 amPRNAppointment of Chairman and Completion of Fundraise
21st Aug 20177:00 amPRNExtended Trial Produces Over 50% hydrogen Syngas
9th Aug 20177:00 amPRNG3-UHt Demonstration Update
31st Jul 20177:00 amPRNSuccessful Production of Syngas
27th Jul 20171:06 pmRNSResult of AGM
27th Jul 20177:00 amRNSInitiation of Coverage by Align Research
17th Jul 20176:25 pmPRNNotification of Major Interest in Shares
10th Jul 20177:00 amRNSPowerHouse engagement via Vox Markets
6th Jul 20177:00 amRNSProactive Investors Broadcast
23rd Jun 20177:00 amRNSInvestor Event
21st Jun 20173:22 pmPRNIssue of Equity
16th Jun 20177:00 amPRNAnnual Financial Report
5th Jun 20177:00 amPRNCollaboration Agreement of up to £500,000
26th May 20172:48 pmPRNNotification of Major Holdings
26th May 20177:00 amPRNNew Advisory Panel Appointment
22nd May 20173:02 pmPRNDirectorate Change
22nd May 20177:24 amPRNNew Advisory Panel
4th May 20177:00 amPRNSiting of G3-UHT Unit
21st Apr 20177:00 amPRNSuccessful re-commissioning of G3-UHt unit
31st Mar 20177:00 amRNSInvestor Event
28th Mar 20177:00 amPRNAppointment of CFO and Corporate Presentation
27th Mar 20171:10 pmRNSUK Investor Show 1 April 2017
24th Mar 20177:00 amPRNUpdate on G3-UHt Gasification System
20th Mar 20177:00 amPRNRe Directorate
15th Mar 20177:00 amPRNIssue of Equity and General Update
6th Mar 20177:16 amPRNAFC Fuel Cell Order
24th Feb 20177:00 amPRNSiting of G3-UHt Demonstration Unit
21st Feb 20177:00 amPRNAppointment of non-executive director
15th Feb 20178:07 amPRNPlacing, Loan Note Conversion and Repayment
14th Feb 20174:40 pmRNSSecond Price Monitoring Extn

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