Helius Eng Share Discussion Threads

[asparks] 26/3/2010 14:25

5-day chart showing bid/offer spread shaded - - - - - - - - - - - - - - - and intraday chart



+ 3 month charts -----------------------------------------------------------and 2 year charts

[asparks] 26/3/2010 12:17

do you hold?

[imabastard] 26/3/2010 12:15

The report was spot on ....

[asparks] 26/3/2010 12:14

RNS Number : 2607J
Helius Energy Plc
26 March 2010

?

Date: 26 March 2010

For Immediate Release


Consent Granted for Avonmouth Biomass Power Plant


Helius Energy plc, the company established to develop, install and operate
biomass fired renewable electricity generation plants, welcomes today's consent,
under Section 36 of The Electricity Act 1989, by the Department for Energy and
Climate Change, for the construction of a 100MWe biomass-fuelled electricity
generating station located at Avonmouth Dock, on the Bristol Channel.

The power station will produce enough renewable electricity for around 200,000
homes, and will save over 720,000 tonnes of carbon dioxide a year when compared
to a similarly sized coal-fired power station. The electricity produced at the
plant will be fed into the local electricity grid, and Helius has already
secured grid access rights.

Dr Adrian Bowles, CEO of Helius Energy, welcomed the news, saying:

"We are pleased that the Avonmouth project has been granted consent by the
Secretary of State and we look forward to producing renewable electricity from
sustainably sourced biomass in Bristol. This consent builds on the success of
our projects at Stallingborough and Rothes and will enable Helius Energy to play
a crucial part in delivering a future energy supply which is reliable, renewable
and sustainable."

The biomass power plant will require up to 850,000 tonnes of sustainably sourced
feedstock each year, primarily wood-based material. Construction of the plant is
expected to start following conclusion of the engineering procurement programme.

[asparks] 26/3/2010 11:32

this wil rise further once RNS out so top up while you can!

[imabastard] 26/3/2010 11:32

Thanks again

[asparks] 26/3/2010 11:32

Andy Jones 0207 074 1822 if you want to check with helius representative

[imabastard] 26/3/2010 11:30

Asparks .... confirming the story ?

[asparks] 26/3/2010 11:29

RNS will come later today - just spoke to their media consultant

[mdchand] 26/3/2010 11:25

Indeed. Last sale to RWE was for circa £28m cash for a 75MW plant. Assuming this story is indeed legit, cash value of this announcement will be at least the same.
(which is basically double the current market cap)

[asparks] 26/3/2010 11:20

why no RNS from HGY?

[jonno1] 26/3/2010 11:05

*DJ UK Government Approves Helius Energy 100MW Biomass Power Plant

(MORE TO FOLLOW) Dow Jones Newswires

March 26, 2010 06:50 ET (10:50 GMT)

Copyright (c) 2010 Dow Jones & Company, Inc.

LONDON (Dow Jones)--The U.K. Department of Energy and Climate Change said Friday it has approved the construction of Helius Energy PLC's (HEGY.LN) 100-megawatt power plant fired by biomass at Bristol Port, Avonmouth.

"This plant will generate enough electricity to power up to 200,000 homes, making a significant contribution to our CO2 emissions reduction and energy-security goals," Parliamentary Undersecretary for Energy and Climate Change David Kidney said in a statement.

The plant will create 250 jobs during construction and 40 jobs when fully operational, he said.

Company Web site:

-By James Herron, Dow Jones Newswires; [phone]; [e-mail]

(END) Dow Jones Newswires

March 26, 2010 06:58 ET (10:58 GMT)

Copyright (c) 2010 Dow Jones & Company, Inc.

[oolaboob] 05/3/2010 17:11

asparks

there was a couple of significant buys earlier on this week and I wonder if there's been a leak about planning permission being granted.
very little interest here and smallish free float..........not always a bad thing

[tobyesterhase] 25/1/2010 17:52

Profiled in Quoted Cleantech

www.cleantechinvestor.com/quotedcleantech

[greenisgood] 21/1/2010 19:54

Worth a read;

"
All fired up – European biomass industry prepares for rapid expansion

As energy and engineering giants rush into the sector, new report suggests European biomass industry will grow 50 per cent over next five years
James Murray, BusinessGreen, 21 Jan 2010
Timber

It might be the oldest form of harnessable energy known to man, but that has not stopped the humble lump of wood enjoying something of a renaissance in recent years as governments across Europe look for a cost-effective and reliable way to curb carbon emissions.

Now the stellar growth enjoyed by the continent's emerging biomass power industry is set to accelerate further, according to a new study from German energy consultancy ecoprog and research institute Fraunhofer UMSICHT, which predicts that a new wave of wood-fired power plants in the UK and France will see biomass capacity across the region grow 50 per cent by 2013.

The study found that biomass capacity across Europe has grown 40 per cent over the past year, driven primarily by new plants in Scandinavia, Germany and Austria. It added that a further 130 plants are in the pipeline and predicted that the overall number of plants will increase by nearly 50 per cent between 2008 and 2013 to up to 1,050 plants, while generating capacity will also rise 50 per cent to about 10,000MW.

Speaking to BusinessGreen.com, report author Mark Döing said the biomass sector remained extremely attractive to investors. "It varies from country to country depending on the scale of the subsidies and tax breaks on offer," he said. "But beyond wind energy it is the most attractive form of renewable energy, particularly as it is the only renewable source that is not dependent on the weather."

He predicted that the Scandinavian countries would continue to dominate the industry, fuelled by their large timber resources. However, he added that the UK and France would also see a significant increase in biomass power capacity over the next few years. "They now have subsidies in place and have plenty of good locations for biomass plants that have not been taken advantage of," he said. " For example, almost every paper mill in Germany and Austria has a biomass plant on site, which is not the case in the UK and France."

The report concluded that the success of German feed-in tariffs in encouraging the development of small-scale biomass plants means growth in the market was likely to slow, but Döing downplayed fears that the market has already reached capacity. "Eventually there will come a point where you run out of local wood resources, and as transport is a big part of the operational costs for biomass plants, that would stop the market growing," he explained. "But no country is at that point yet."

The report came as two of Europe's largest firms underlined their interest in the burgeoning global biomass industry.

RWE Innogy, the renewable energy arm of German-based energy giant RWE, announced this week that is has teamed up with Swedish biomass specialist BMC Management AB to build the world's largest factory for the production of biomass pellets.

The €120m (£104m) factory will be located in the US state of Georgia and is expected to produce up to 750,000 tonnes of pellets a year for use in biomass power plants and co-firing coal-biomass facilities when it comes into operation next year.

Dr Leonhard Birnbaum, member of the executive board of RWE AG, said that the plan was to ship the bulk of the pellets for use in European power plants. " Through this investment, RWE has taken a strategically important step towards safeguarding the supply basis for the constantly growing biomass market in Europe," he said. "This is because we will be unable to achieve the targets for reducing CO2 emissions in Germany and Europe without biomass. But the European wood market will not be able to satisfy the demand in this fast-growing sector on its own."

The company said the first wave of pellets will be destined for RWE's power plants in Amer in the Netherlands, where it aims to increase the amount of biomass being burned alongside coal from 30 to 50 per cent. It added that it would then look to ship pellets to further biomass and co-fired plants in the Netherlands, Germany, Italy and the UK.

Georgia provides an effective and sustainable source of timber, according to RWE, as a result of the withdrawal of numerous paper and pulp companies from the region over the past decade. Relying on imported timber reduces the carbon savings that result from biomass power plants, but studies have shown that the approach still delivers substantial cuts in carbon emissions compared to coal.

The announcement comes just days after French engineering group Areva confirmed that it has secured three contracts worth €260m to build new biomass power plants in Brazil and Thailand.

The company said that it had been awarded the deal to build 11 biomass power plants with a total capacity of 380MW for Brazilian industrial group Bertin, as well as a contract to retrofit a 50MW biomass power unit to the Seresta sugar mill located in Alagoas state in northeast Brazil.

Thai utility Buasommai Electricity Generating Co also confirmed that it had awarded the company a new contract to build two 10MW biomass plants in northeast Thailand, which will be fuelled by rice husks from local farms."

[mdchand] 12/1/2010 10:49

Prelims were Jan 26th last year - assuming likewise this year. Hopefully updates on their existing projects and perhaps details of a new one.

[asparks] 04/1/2010 10:33

v dull here

[aim_trader] 24/11/2009 12:56

Helius Energy among stocks to watch when UK energy crisis starts to bite – Matrix

[julcester] 12/11/2009 17:27

Nice little recovery there at the end.