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PHE Powerhouse Energy Group Plc

1.00
0.025 (2.56%)
Last Updated: 09:02:22
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Powerhouse Energy Group Plc LSE:PHE London Ordinary Share GB00B4WQVY43 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.025 2.56% 1.00 0.95 1.05 1.00 0.975 0.975 1,205,990 09:02:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Scrap & Waste Materials-whsl 380k -46.2M -0.0111 -0.87 40.33M

Powerhouse Enrgy Grp Successful Production of Syngas

31/07/2017 7:00am

UK Regulatory


 
TIDMPHE 
 
31 July 2017 
 
                          PowerHouse Energy Group plc 
                        ("PowerHouse" or "the Company") 
 
                        Successful Production of Syngas 
 
PowerHouse Energy Group Plc (AIM: PHE), the company focused on ultra high 
temperature gasification waste-to-hydrogen, waste-to-energy, and the creator of 
Distributed Modular Gasification© (DMG) systems, is pleased to announce that 
the Company recorded a maximum peak flow rate of over 50 m3 per hour of 
synthesis gas ("syngas") having successfully completed the rebuilding and 
enhancement of the Company's G3-UHt gasification reactor at the Thornton 
Science Park.  This is the second successful phase in the operation of the 
G3-UHt unit in the UK and the first at the Thornton Science Park. 
 
Since the re-siting of the unit at Thornton in early May, the technical team 
have been working on integrating the G3-UHt system into the Energy Centre 
facility at Thornton, as well as aligning the system and the utilities to take 
best advantage of the research facilities available. Through this period a 
number of improvements and modifications to the G3-UHt system have been made, 
ahead of the scaling up necessary for commercial deployment.  These have 
included the enhancement of the gas systems, refurbishment of the feed and 
steam generation systems, the complete redesign and introduction of 
programmable safety and control systems designed in line with UK Health, 
Safety, & Environment ("HSE") legislation. 
 
This latest commissioning, the positive engagement of senior planning and 
permitting personnel from the local Council, and the completion of a rigorous 
third party review to allow insurance cover to be put in place now positions 
the G3-UHt to begin full-scale, and on-going, operation, testing, and 
demonstration at the Thornton site. 
 
Following an extensive pre-commissioning programme, the 24 hour commission 
testing this weekend used tyre crumb as the input feedstock and produced a 
robust stream of syngas which was safely flared to the atmosphere.  Subsequent 
testing will allow for a thorough analysis of the syngas produced, however, 
in-line, real-time analysis indicated that the quality of the gas produced met 
the Company's initial quality objectives and there was full combustion of the 
syngas at the flare.  The system was taken through cool-down and the team 
undertook post-operational review . 
 
The demonstration unit at Thornton is critical to the next stage of modelling 
and process design.  The conceptual design for the commercial modules will 
continue to be augmented by the operational input from the G3-UHt 
demonstrator.  It is expected that the next few months should bring a number of 
industry players to Thornton, as well as potential commercial partners and 
interested shareholders.  It is intended that the Company will host one or more 
demonstration visits for investors at the Thornton Science Park in September 
and full details will be announced in due course. 
 
Pursuant to the announcement of 5 June 2017 the successful re-commissioning and 
operation of the G3-UHt at Thornton has released the first GBP100,000 tranche of 
a potential GBP500,000 from a UK partner dedicated to the planning and permitting 
of the Company's first commercial sites. 
 
David Ryan, Powerhouse Executive Director of Programme Development said: "The 
PowerHouse team were superbly supported by our design consultants Engsolve, the 
service company, Roseberry and IDM.  All have worked extremely hard and to a 
tight timescale to achieve this milestone.  We were aided and supported at each 
stage by the staff of the University of Chester and by the support staff at the 
Thornton Energy Centre.  The sight and sound of gas production at the flare was 
a great manifestation of all the hard work. 
 
"This extended operation at high temperature was an excellent result and we 
look forward to the planned commercialisation programme with enthusiasm." 
 
Commenting, Keith Allaun, Executive Chairman of PowerHouse, said: "This is a 
hugely important milestone for the Company and one that our long-standing 
shareholders have been waiting for.  With the successful initiation of our 
programme at Thornton, we can now begin to aggressively pursue our commercial 
agenda.  The ability to regularly operate, demonstrate, and test the G3-UHt at 
Thornton allows us to begin the 25 tonne per day design engineering.  The 
active engagement of the University of Chester faculty, the Ph.D program we're 
co-sponsoring in ultra-high temperature gasification, coupled with our talented 
engineering team and programme leadership ensures that PowerHouse will lead the 
market in the deployment of distributed waste-to-hydrogen and waste-to-energy 
solutions.  Distributed Modular Gasification© has only begun to make its mark 
and disrupt the industry.  The opportunities ahead of us appear unlimited." 
 
For more information, contact: 
 
PowerHouse Energy Group plc                        Tel: +44 (0) 203 368 
Keith Allaun, Executive Chairman                   6399 
 
WH Ireland Limited (Nominated Adviser)             Tel: +44 (0) 207 220 
James Joyce / James Bavister                       1666 
 
Turner Pope Investments Ltd (Joint Broker)         Tel: +44 (0) 203 621 
Ben Turner / James Pope                            4120 
 
Smaller Company Capital Limited (Joint Broker)     Tel: +44 (0) 203 651 
Jeremy Woodgate                                    2910 
 
IFC Advisory (Financial PR & IR)                   Tel: +44 (0) 203 053 
Tim Metcalfe / Miles Nolan                         8671 
 
 
About PowerHouse Energy 
 
PowerHouse is the holding company of the G3-UHt Ultra High Temperature 
Gasification Waste-to-Energy system, and the creator of Distributed Modular 
Gasification©. 
 
The Company is focused on technologies to enable energy recovery from municipal 
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 syngas for power generation, high-quality hydrogen, or potentially 
reformed into liquid fuels for transportation. Distributed Modular Gasification 
© allows for easy, economical, deployment and scaling of an environmentally 
sound solution to the growing challenges of waste elimination, electricity 
demand, and distributed hydrogen production. Distributed Modular Gasification 
and DMG are copyrights of Powerhouse Energy Group plc. 
 
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 .  PowerHouse may also be 
followed on Vox Markets at www.voxmarkets.co.uk/company/PHE. 
 
 
 
END 
 

(END) Dow Jones Newswires

July 31, 2017 02:00 ET (06:00 GMT)

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