PowerHouse Energy Group
plc
(“PowerHouse” or the “Company”)
Completion of
Pre-FEED of Commercial DMG© System
PowerHouse Energy Group plc (AIM: PHE), the UK waste-to-hydrogen
pioneer, has reached its first major milestone in the engineering
design of its nominal 25 tonne-per-day commercial Distributed
Modular Gasification (DMG©) system with the completion
of the pre-Front-end Engineering and Design (pre-FEED) stage.
The pre-FEED stage of the engineering programme has validated
the Company’s DMG© technology and its ability to deliver
commercial quantities of high-grade synthesis gas (syngas) for use
as a fuel, for electrical production, and for the extraction of
99.999% road-fuel-quality hydrogen. It was completed in conjunction
with consulting engineer Engsolve Ltd (“EngSolve”) and met the
Company’s previously announced milestone targets in terms of
commercial build and delivery.
Following completion of the pre-FEED stage, the Company will now
move into the Basic Engineering Program and Front-end Design and
Engineering (FEED), which will finalise selection of vendors for
provision of various components of the DMG©
system and optimise the design schema for the first commercial
site.
The DMG© system is compact and scalable and has the
potential to recover up to 97% of the embodied energy in multiple
waste sources, such as used tyres, plastics, and other industrial
and municipal wastes, with negligible greenhouse gas emissions.
PowerHouse, in conjunction with Peel Environmental (“Peel”) with
whom the Company previously announced an MOU regarding the Protos
facility, along with development partner, Waste2tricity Ltd, has
identified five commercially attractive sites in the UK for initial
DMG© rollout. Two of these sites have been shortlisted
for immediate exploitation, with final evaluation now under way.
When initial site selection is confirmed, we intend to
complete negotiations for long-term private wire
power-purchase and feedstock supply contracts.
Keith Allaun, CEO of Powerhouse
Energy, commented:
“The tremendous work done to date at the Thornton Science Park,
Chester, with the PHE G3 demonstration unit has delivered the
fundamental data necessary for us to achieve this important
engineering milestone announced today. We will continue to derive
additional data from running the G3 unit over the coming months to
expand our knowledge-base and ensure we continue to maximise our
results.
“The EngSolve engineering team has done an excellent job
incorporating the test results and the accumulated data into this
cutting-edge process design. The completed pre-FEED work will
inform every subsequent step in our commercial design and will
ensure that we’re able to maintain the pace of delivery of the
DMG© system.”
For more information, contact:
PowerHouse Energy Group plc
Keith Allaun, Executive Chairman |
Tel: +44 (0) 203 368 6399 |
WH Ireland Limited (Nominated Adviser)
James Joyce / Alex Bond |
Tel: +44 (0) 207 220 1666 |
Turner Pope Investments Ltd (Broker)
Ben Turner / James Pope |
Tel: +44 (0) 203 621 4120 |
Buchanan (Media enquiries)
Mark Court |
Tel: +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 which
allows for the distributed eradication of waste, the generation of
distributed electricity, and the production of distributed hydrogen
with the world’s first hydrogen from waste process (HfW).
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.
The Company is incorporated in the United
Kingdom.
For more information see www.powerhouseenenergy.net