Powerhouse Enrgy Grp Completion of G3-UHt Testing Program
06 September 2016 - 4:00PM
UK Regulatory
TIDMPHE
PowerHouse Energy Group plc
("PowerHouse" or the "Company")
Completion of G3-UHt Testing Program
PowerHouse Energy Group, plc is pleased to announce the completion of its
system-wide testing program for the G3-UHt Unit in Brisbane, Australia.
"This is a significant milestone for the Company, " said Keith Allaun,
Executive Chairman of PowerHouse. "We've been stress-testing all components of
the G3, in a discrete and focused manner, over the past several months. Based
upon our most recent operation of the complete system, we've reached the point
that we can declare the successful conclusion of our formal testing program."
The PowerHouse Energy Group ultra-high temperature gasification reactor testing
program has utilized feedstock which has included both shredded plastic and
tyre crumble, and has successfully cycled the system repeatedly. The nominal
1-3 tonne per day (TPD) G3 unit has continued to operate as designed; gasifying
the feedstock at temperatures above 1100 degrees Centigrade, generating
synthesis gas (syngas), and cleaning and cooling the syngas, which can then be
used for electrical generation or other fuel creation.
Concurrent with the testing of the G3, the company has completed the initial
design and engineering plans of 100 TPD gasification modules, allowing for the
easy bundling of the modules into 400 TPD systems. Designed to operate in-line
with each other, expansion of the systems is a linear step-function that
enables the PowerHouse technology to be rolled-out into existing commercial
Transfer Station and Land-Fill operations. This modular design can
substantially expand the commercial opportunities for PowerHouse.
"The rigorous process that the team has just completed, coupled with the
engineering data that has been captured, has put us in a position to begin
progressing commercial discussions with a number of parties over the next
several months," stated Allaun.
The new G3 system will be permanently housed in a transportable container for
shipment to sites throughout the world for on-site operation, demonstration,
and data collection purposes. Once installed into its in-situ operational
container, and prior to shipment to prospective sites, additional third-party
engineering validation will occur, and other feedstocks will be tested.
As earlier announced, the Company is beginning recruitment efforts to expand
its commercial team in both the UK and in Australia.
Contacts:
PowerHouse Energy Group plc +1 352 359 0911
Keith Allaun, Executive Chairman
WH Ireland Limited (Nominated Adviser) +44 (0) 207 220 1666
James Joyce / James Bavister
Vicarage Capital Limited (Joint Broker) +44 (0) 203 651 2910
Jeremy Woodgate
END
(END) Dow Jones Newswires
September 06, 2016 02:00 ET (06:00 GMT)