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
17th Apr 20187:00 amPRNDistribution Agreement
13th Apr 20187:00 amRNSProject Development Partner : Commercial Update
10th Apr 20187:00 amRNSAppointment of Commercial Operations Manager
20th Mar 20182:05 pmRNSSecond Price Monitoring Extn
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

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.