Active Energy Group PLC Award of Additional CoalSwitch Production Patent
25 July 2023 - 4:00PM
RNS Non-Regulatory
TIDMAEG
Active Energy Group PLC
25 July 2023
Reach - non-regulatory announcement*
25 July 2023
Active Energy Group Plc
("Active Energy", or the "Company")
Award of Additional CoalSwitch Ò Production Patent
Active Energy (AIM:AEG, OTCQB:ATGVF), the international biomass
based renewable energy business, is pleased to announce it has been
awarded a further patent from the US Patent and Trademark Office
with respect to the Company's proprietary technology for process
for beneficiating and cleaning biomass (US Patent No.
11,702,607).
The patent awards Active Energy with the rights to exclude
others from making, using, and selling any apparatus or system that
includes the Company's existing CoalSwitch Ò existing production
technology.
Active Energy's patented system includes a reaction vessel that
increases exposure of biomass within the reaction vessel to steam.
This latest-issued patent complements earlier patents that Active
Energy has been granted for its CoalSwitch(R) production
technology.
CoalSwitch(R) has been shown to reduce lifecycle CO(2) emissions
by up to 99 per cent. compared to coal and up to 97 per cent.
compared to natural gas in an independent report from Life Cycle
Associates. This is in addition to independent testing completed
under the Sustainable Transportation and Energy Program ("STEP")
that has shown that CoalSwitch(R), can readily co-fire with coal
without significant additional capital expenditure and in doing so
significantly reduces emissions and produces fewer pollutants.
Barron Hewetson, Chief Technology Officer of Active Energy,
commented: "The award of this patent builds upon the original
patent and increases Active Energy's ability to control the
resulting fixed carbon content of the finished product. To
simplify, our steam explosion unlocks pathways that weren't
previously economically viable, and we are now able to
strategically target industries and commercial sectors that were
previously not available. We are expanding upon the "steam
explosion" process and capitalizing on the inherent synergy of
other waste biomass and waste wood production systems in novel ways
to drive future growth, notably in pre-treatment systems and
alternate thermo treatment systems, including pyrolysis."
Enquiries:
Active Energy Michael Rowan (Chief Executive info@aegplc.com
Group Plc Officer)
Michelle Fagan (Chief
Financial Officer)
Barron Hewetson (Chief
Technology Officer)
Allenby Capital Nick Naylor/James Reeve/Daniel Office: +44 (0)20
Limited Dearden-Williams (Corporate 3328 5656
Nominated Adviser Finance)
and Broker Amrit Nahal (Sales/Corporate
Broking)
------------------------------- -------------------
Camarco Tom Huddart / Emily Hall aeg@camarco.co.uk
Financial PR / Lily Pettifar Office: +44 (0)20
Adviser 3757 4980
------------------------------- -------------------
Scoville PR John Williams aeg@camarco.co.uk
US PR Adviser
------------------------------- -------------------
Website LinkedIn Twitter
www.aegplc.com www.linkedin.com/company/activeenergy https://twitter.com/aegplc
@aegplc
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