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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Active Energy Group Plc | LSE:AEG | London | Ordinary Share | GB00BPG7NS80 | ORD GBP0.0035 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.35 | 0.30 | 0.40 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 0 | -1.34M | -0.0083 | -0.42 | 566.52k |
Date | Subject | Author | Discuss |
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04/8/2020 08:28 | Its a relief to get that done! With capital raised for doubling the sawmill capacity they have reliable and increasing income. They can now properly document emissions for the reference plant so that the full plant licence is expediated by having corroborated data. Wood only as a feedstock for this plant - so any thoughts of pig waste at present move to one side. I think thats a good thing. It will help to maintain a tight focus. Hard wood emits 50 times less VOCs than softwood according to a paper I was reading last night - and I guess that is what has led to the 50% softwood cap. I assume that they could use their overall capacity to do hardwood only runs and softwood only runs in order to obtain emissions data for each type of feedstock - providing they keep to 50% overall? The paper did suggest that hardwood VOCs increase with heat treatment, so I am not altogether certain that is the reason. Maybe also to do with concerns about local deforestation? G. | garth | |
04/8/2020 08:05 | SP ANGEL note: Active Energy Group PLC (AEG) listed on the AIM Market of the LSE is a renewable energy & forestry management company focused on the production of biomass fuels using its proprietary CoalSwitch™ technology as part of a portfolio of products. EVENT: AEG received formal notice that the North Carolina Department of Air Quality (NC DAQ) has issued the air quality permit for AEG’s CoalSwitch™ Biomass reference plant to be constructed in Robeson County, Lumberton, NC. HIGHLIGHTS: Permit Granted: After careful review of AEG’s application and the comments received on the draft permit during the public comment period and hearing, the NC DAQ has granted an air permit to AEG for its CoalSwitch™ Biomass reference plant in Lumberton. There are some additions to the final permit, as compared to the draft permit published on the NC DAQ site, that are intended to address some of the community concerns related to the plant. These include the following: ▪ Testing Requirements: Testing for volatile organic chemicals (VOCs) was included in the draft permit. However, additional testing for hazardous air pollutants (HAPs) and toxic air pollutants (TAPs) has now also been added. HAPs and TAPs are known to cause adverse effects to human health and the environment, and are regulated under The Clean Air Act by the EPA. ▪ Testing must now begin within 90 days of the plant start-up, instead of 180 days noted in the draft permit. ▪ A notification of start-up must be made to the NC DAQ regional supervisor within 15 days of plant start-up. ▪ Reporting Requirements: Additional record keeping and reporting requirements have been added to the final permit. Records required include the amount of softwood and hardwood processed in the pellet production process, amount of wood pellets produced, and emissions of VOCs, as well as HAPs/TAPs. Reporting requirements include facility-wide emissions reporting every 6 months, as well as amount of softwood and hardwood processed, amount of wood pellets produced, and VOC/HAPs/TAPs emissions. ▪ The amount of softwood to be used as feedstock is to be limited to 50%. ▪ The saw mill has also been included in the Exempt Activities listing attachment to the permit, so that any emissions from this operation are included in total emissions recording and reporting requirements. We believe these additional requirements are achievable by AEG and should not provide any undo limitation on the construction or operation of the Reference Plant. The requirements simply provide confirmation to the NC DAQ and the community that the facility is constructed and operates in accordance with the plans outlined in the permit application and within the terms of the final permit. As the first commercial plant to produce CoalSwitch™ biomass black pellets, it would be prudent for AEG to collect as much commercial data as possible to support future production expansion. Next Steps: 1. With a permit decision in hand, AEG can continue the final stages of preconstruction planning for the Reference Plant and ensure that remaining components for construction are on order for delivery. Recall that this reference plant is a batch production plant (vs. continuous production) which we anticipate will primarily be used for R&D over the longer-term to optimise the use of alternative/waste feedstocks in the CoalSwitch™ process. Nonetheless, initially it is expected to have the capability to produce up to 5tph of CoalSwitch™ black pellets using waste products from the onsite sawmill operations and the region. The target is to produce CoalSwitch™ biomass black pellets by year-end 2020. Though given the continued rapid spread of COVID-19 in the US, we caution that timeline targets could be extended. 2. At the same time, we expect AEG to accelerate specific engineering, permitting and construction planning for a continuous larger-scale production plant. Outlook: Management has worked diligently towards achieving this permit, and is now one step closer to its goal of creating a forest/waste to energy supply chain commercial model that can be replicated in other locations. This is a significant turning point for AEG, particularly when combined with the complementary revenue opportunities being presented by the lumber operations already underway at Lumberton. | maccamcd | |
04/8/2020 02:15 | hTTps://deq.nc.gov/n | garth | |
03/8/2020 19:14 | Air permit issued | potpot1980 | |
30/7/2020 07:31 | https://www.canadian | isa2020 | |
27/7/2020 07:46 | Good link. Thank you for sharing. As Richard says, it's a worthy project. 1/3 of their forest destroyed by fire. RMDE want to manage the forestry resources, cutting fire breaks, removing waste. It is a virtuous stewardship cycle at the heart of their energy tech offer.G. | garth | |
26/7/2020 19:07 | https://mobile.twitt | isa2020 | |
23/7/2020 18:14 | May want to stay around here, AEG could very easily do that | isa2020 | |
23/7/2020 15:19 | 500%+ target at SYM today!! Dont miss out! Gl | sharif1987 | |
23/7/2020 11:28 | 2.5m and 1.5m (1.5m was a OTC Trade) buys placed just after 11am - I guess to settle the 2 x buys | grsshaw1 | |
23/7/2020 11:09 | Why the price monitoring extension? | isa2020 | |
22/7/2020 16:36 | I agree garth, Feel its just going through a process to appease the complainers to the project I bet the complainers are all mostly over 60 years anyway and don't have to worry about jobs for the local area!!! Understand if this was bad polluter, but this will actually help the situation! We just continue to wait patiently for the news I guess then... | grsshaw1 | |
22/7/2020 16:10 | In my opinion, that letter makes a bit of a mockery of the process and puts a questionable light on the DEQ. It was clear from the draft permit materials issued by the DEQ that the intention was to issue an initial permit and then monitor emissions. What is more, both questions have already been answered. The first, whatever the plans originally were, are now delayed by a year. As far as emissions, that has been answered in the presentations on the DEQs own web page. At the public hearing some specific questions were raised, for example - about formaldehyde. But the letter doesn't target that - it is entirely general in its questionning. It effectively asks AEG to provide what they have already provided, in my opinion. G. | garth | |
22/7/2020 15:52 | hxxps://files.nc.gov More question re the permit!!! | grsshaw1 | |
22/7/2020 06:59 | Air quality | isa2020 | |
22/7/2020 06:58 | https://www.forestry | isa2020 | |
17/7/2020 16:23 | Permit?????????????? | pieinsky | |
16/7/2020 22:07 | https://mobile.twitt | isa2020 | |
16/7/2020 13:00 | SP Angel Corporate David Hignell / Caroline Office: +44 (0)20 3470 0470 Finance LLP Rowe Nominated Adviser and Broker | garth | |
16/7/2020 12:52 | What is share price Angel? | saadia110 | |
16/7/2020 07:36 | Believe, unless AEGplc board buy an airplane - AEGplc are fundamental, on a sound footing.In other newshttps://www.pell | isa2020 | |
15/7/2020 18:38 | 1 of the recently updated reports by share price ANGEL, said the permit news is likely to be this month, but mentioned this may be slightly delayed due to Covid I am hopeful it will be this month due to delays they have already suffered due to cancelled meetings etc.. Isa2020, not sure what you mean re the CLN when you say they can call on another £16m! Can you explain further please? | grsshaw1 | |
15/7/2020 18:17 | does anyone know when we would expect a decision on the air permit? | rjtmmx | |
15/7/2020 09:35 | No need, fully funded - check last accounts. Normal value is 1pThe also have CLNs at 1p and at 3.29pA number of these have been converted and they can call on another £16 million | isa2020 |
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