Share Name Share Symbol Market Type Share ISIN Share Description
Powerhouse Ener 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
  +0.00p +0.00% 1.00p 0.95p 1.05p 1.00p 0.975p 1.00p 2,271,521 14:00:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 0.0 -1.3 -0.2 - 9.64

Powerhouse Enrgy Grp Successful re-commissioning of G3-UHt unit

21/04/2017 7:00am

UK Regulatory (RNS & others)


 
TIDMPHE 
 
21 April 2017 
 
                          PowerHouse Energy Group Plc 
                       ("PowerHouse", or the "Company") 
 
                  Successful re-commissioning of G3-UHt unit 
 
PowerHouse Energy Group plc (AIM:PHE), the company focused on ultra high 
temperature gasification waste to energy systems, is delighted to announce that 
the first phase of the re-commissioning of the Company's G3-UHt unit has been 
completed, with the successful production of gas ("syngas") from the system. 
The G3-UHt unit operated at a temperature of over 1000 degrees Celcius, 
demonstrating its capacity to gasify any historically difficult waste material 
and generate synthesis gas. 
 
As previously announced, the G3-UHt will now be moved to the Thornton Science 
Park, operated by the University of Chester, with PowerHouse establishing its 
offices at the Energy Centre of the Park immediately thereafter. 
 
The re-commissioning effort has been assisted by OrePro pty Ltd of Brisbane, 
Australia, EngSolv Ltd of Wales, and Waste2tricity, Ltd and has allowed the 
Company to begin commercial development enhancements, automation of the control 
systems, and commence the rigorous process of a Hazard and Operability Study 
(HAZOP) and a Hazard Identification Study (HAZID). Upon successful completion, 
the Company will gain the British Health Safety & Environmental certifications 
necessary to operate the unit at the Thornton Science Park at full capacity. 
 
The Company anticipates that several external cosmetic improvements will be 
made to the G3-UHt unit over the coming period and will continue the 
development of its automation processes at its new facility on the Science 
Park.  Rather than operate from a container, as previously anticipated, 
PowerHouse has negotiated a two year lease of a purpose-built emission 
laboratory / test facility at Thornton, where the G3-UHt unit will be 
installed. 
 
Keith Allaun, Executive Chairman of PowerHouse, said: "This is the day the team 
has been working on for nearly two years. The successful re-commissioning of 
the G3-UHt unit, here in the UK, represents the starting point of our journey 
to commercialisation. Our relationship with the engineering department at the 
University of Chester continues to expand and strengthen, and the support of 
the Thornton Science Park has been extraordinary. 
 
"I couldn't have imagined a more ideal, and synergistic, relationship with the 
University. Our mutual interests in Thermal Molecular Conversion at ultra-high 
temperatures provide a research platform for the expansion of the University's 
curriculum, and the development of a graduate research program utilising the 
G3-UHt platform." 
 
David Ryan, Executive Director, Programme Development of PowerHouse said: "I'm 
gratified by the incredible work our team has put in over the past 26 days to 
hit this milestone. I want to thank the extended team of chemical, electrical, 
mechanical, and process engineers which has worked hand-in-glove with the 
fitters, welders, and other support personnel - including our 24/7 
former-Gurkha guard unit protecting the equipment - allowing us to succeed in 
this endeavour. I look forward to updating investors on our progress in the 
coming months." 
 
Separately, the Company has been invited to join the North West Hydrogen Hub, 
whose members include companies such as Peel Environmental, Linde Group (BOC,) 
Ineos, AFC Energy, and the Thornton Science Park, to explore how Distributed 
Modular Gasification© (DMG) can be a key to unlocking the distributed Hydrogen 
Economy. 
 
The Company anticipates conducting interested party and investor visits to the 
Thornton Science Park to view the unit in operation at an appropriate time in 
the near future. 
 
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 / Graham Herring / Miles Nolan /      8671 
Heather Armstrong 
 
 
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. 
 
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 
 
 
 
END 
 

(END) Dow Jones Newswires

April 21, 2017 02:00 ET (06:00 GMT)

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