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    0.01 (4.76%)
Bid:
0.20
Ask:
0.22
Spread: 0.02 (10.00%)
Market Cap: £11.27m
PHE Live PriceLast checked at - London Stock Exchange

Intraday Powerhouse Ener Share Chart

Response to BBC Presentation

19 Sep 2018 07:30

RNS Number : 1804B
Powerhouse Energy Group PLC
19 September 2018
 

PowerHouse Energy Group plc

("PowerHouse" or the "Company")

 

Response to BBC Presentation

 

The Directors of PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and used tyres, noted a technology referenced on the recent BBC program, "Inside Out," that converts waste plastic back into liquid hydrocarbons and fuels - effectively returning it into the fossil fuel it once was. While plastic waste is, indeed, a challenge that must be overcome, we believe there is a better solution.

 

The Powerhouse Energy DMG® System, having been operating and demonstrated at the University of Chester, Thornton Science Park, Energy Centre for the past year, will responsibly, and economically recover the energy from plastics in an environmentally sound manner rather than simply turning waste plastic into another form of greenhouse gas emissions. DMG® allows the conversion of plastics into substantial amounts of road-fuel quality hydrogen to enable the operation of hydrogen-powered trucks, buses and cars with the cleanest of fuels: zero-emission hydrogen.

 

DMG® affords the conversion of waste plastic to EcoSynthesis gas to displace liquid hydrocarbons responsible for substantive pollution. Excess energy produced through the thermal conversion of non-recyclable plastic can be used to generate low-carbon electricity to power Electric Vehicles.

 

The Directors of PHE believe our technology, which is being readied for commercial deployment, is a substantially more eco-friendly solution to plastic waste than returning it into a hydrocarbon fuel. We would welcome an open discussion with Friends of the Earth and the BBC regarding our proposals for solutions to the scourge of plastic mis-management. DMG® is one such solution.

 

Commenting on the show, PowerHouse CEO Keith Allaun noted: "plastic management through effective energy recovery is a key to our future, and key to the health of our planet. While "land-fill mining" may become a part of our future, we at PowerHouse have created a responsible, economically efficient, and environmentally robust solution to the problem that exists today - the mis-management of plastics. We look forward to working with industry to roll-out DMG® as part of the wider solution to this global challenge."

 

For more information, contact:

 

PowerHouse Energy Group plc Tel: +44 (0) 203 368 6399

Keith Allaun, Chief Executive Officer

 

WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666

James Joyce / Chris Viggor

 

Turner Pope Investments Ltd (Joint Broker) Tel: +44 (0) 203 621 4120

Ben Turner / James Pope

 

Ikon Associates (Media enquiries) Tel: +44 (0) 1483 271291

Adrian Shaw Mob: +44 (0) 7979 900733

 

 

About PowerHouse Energy

 

PowerHouse Energy has developed a proprietary process technology - DMG® - which can utilise waste plastic, end-of-life-tyres, and other waste streams to efficiently and economically convert them into EcoSynthesis© gas from which valuable products such as chemical precursors, hydrogen, electricity and other industrial products may be derived. The PowerHouse technology is the world's first proven, modular, hydrogen from waste (HfW) process.

 

The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel quality H2, and in excess of 28MW/h of exportable electricity per day.

 

The PowerHouse process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.

 

PowerHouse is quoted on the London Stock Exchange's AIM Market under the ticker: PHE, and is incorporated in the United Kingdom.

 

For more information see: www.powerhouseenergy.net

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRAGGUPABUPRGMR
Date   Source Headline
10th Jul 20199:15 amRNSEndorsement from Japanese Ministry of Economy
5th Jul 20199:03 amRNSDMG® ready to solve exported plastic waste crisis
28th Jun 20194:15 pmPRNIssue of Equity and Director/PDMR Shareholding
27th Jun 20197:00 amRNSFinal Results
11th Jun 20197:00 amRNSDMG® ready to solve exported plastic waste crisis
9th May 20197:00 amPRNDeveloper W2T Sign Power Agreement
17th Apr 20197:00 amPRNFirst Revenue Contract for PowerHouse Energy
10th Apr 20197:00 amPRNLease agreed for hydrogen development site
9th Apr 201911:35 amPRNAmendment: Issue of Equity & Director/PDMR Shareholding
27th Mar 20197:00 amPRNIssue of Equity and Director/PDMR Shareholding
15th Feb 20197:00 amPRNOperational Update
1st Feb 20197:00 amPRNChange of Directorate
31st Dec 201811:37 amRNSAmended:Waste2Tricity Report in The Sunday Express
31st Dec 20187:38 amPRNWaste2Tricity Report in The Sunday Examiner
18th Dec 20185:44 pmPRNHolding in Company
3rd Dec 20187:00 amPRNPlacing and Issue of Equity
26th Nov 201811:05 amRNSSecond Price Monitoring Extn
26th Nov 201811:00 amRNSPrice Monitoring Extension
26th Nov 20187:00 amPRNDiscussions with Toyota Tsusho Corporation
20th Nov 20187:30 amRNSAlign Research Updates Coverage on PowerHouse
18th Oct 20189:10 amPRNOperational Update
18th Oct 20187:00 amPRNDirector/PDMR Shareholding
17th Oct 20182:36 pmPRNDirector/PDMR Shareholding and Issue of Equity
17th Oct 20187:00 amPRNSuccessful independent technology assessment by DNV GL
15th Oct 20184:20 pmPRNIssue of Equity
28th Sep 201810:06 amPRNInterim Results
19th Sep 20187:30 amRNSResponse to BBC Presentation
9th Aug 20187:00 amPRNDirector/PDMR Shareholding
8th Aug 201811:10 amPRNIssue of Equity
6th Aug 20187:00 amPRNHolding(s) in Company
3rd Aug 201811:40 amPRNShares in Issue
1st Aug 20182:05 pmRNSSecond Price Monitoring Extn
1st Aug 20182:00 pmRNSPrice Monitoring Extension
27th Jul 201812:39 pmPRNResult of AGM
27th Jul 201810:55 amPRNAGM Statement
6th Jul 201810:39 amPRNCorrection: Placing and Issue of Equity
6th Jul 20189:45 amPRNReplacement : Placing and Issue of Equity
6th Jul 20187:30 amPRNPlacing and Issue of Equity
4th Jul 20182:09 pmPRNNotice of AGM
2nd Jul 20182:49 pmPRNStatement re press comments
29th Jun 20189:45 amPRNAudited results for the year ended 31 December 2017
19th Jun 20187:00 amPRNPowerHouse connects to microgrid
11th Jun 20187:00 amRNSPowerHouse CEO on The Future of Plastic
8th Jun 20184:35 pmRNSPrice Monitoring Extension
6th Jun 20182:49 pmPRNClarification regarding Thornton Science Park
18th May 20187:00 amPRNIssue of Equity
26th Apr 20185:20 pmPRNHolding(s) in Company
23rd Apr 201812:37 pmPRNClarification - Equity Placings
23rd Apr 201811:00 amRNSPrice Monitoring Extension
18th Apr 201812:10 pmPRNEquity Placings

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.