ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

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 1,197,361 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 ENERGY GROUP PLC - G3-UHt Demonstration Update

09/08/2017 7:00am

PR Newswire (US)


Powerhouse Energy (LSE:PHE)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Powerhouse Energy Charts.

8 August 2017

PowerHouse Energy Group plc
(“PowerHouse” or “the Company”)

G3-UHt Demonstration Update

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 after the recent successful re-commissioning and high-temperature operation of the Company’s G3-UHt DMG module (the “Unit”), the Company has commenced a programme of demonstrations of the technology, testing of various feed stocks and operational parameters, and in-depth analysis of the synthesis gas (syngas) constituents.

It is expected that the demonstrator Unit at Thornton Science Park will be run for an extended period during August in anticipation of a full week of operation in September.  During these operational segments the engineering and development teams will be collecting data from a variety of sources integrated throughout the Unit.  Subsequent to operation the Unit will be thoroughly inspected and all relevant data reviewed.

Concurrent with the regular operation of the demonstrator Unit, collected data will be fed into process models for the basis of design for the first commercial unit to be constructed.  The engineering team has begun this design effort.

It is anticipated that public demonstrations for interested parties, including investors, will be held in September and the Company will provide further details in due course.

David Ryan, Powerhouse Executive Director of Programme Development and responsible for overseeing all Company activities at Thornton Science Park, said: “This is the beginning of an exciting time for PowerHouse.  We now have the tools, the talent, and the G3-UHt in operation to allow us to develop DMG into a commercial reality.  We are taking a thoughtful and conservative approach to getting the full-scale design right first time.  This will save us development time and cost in the long run.

“This cannot mean reducing effort, indeed, we are growing the team to facilitate 24/7 operations in the near term.”

For more information, contact:

PowerHouse Energy Group plc
Keith Allaun, Executive Chairman
Tel: +44 (0) 203 368 6399
WH Ireland Limited (Nominated Adviser)
James Joyce / James Bavister
Tel: +44 (0) 207 220 1666
Turner Pope Investments Ltd (Joint Broker)
Ben Turner / James Pope
Tel: +44 (0) 203 621 4120
Smaller Company Capital Limited (Joint Broker)
Jeremy Woodgate
Tel: +44 (0) 203 651 2910
IFC Advisory (Financial PR & IR)
Tim Metcalfe / Miles Nolan
Tel: +44 (0) 203 053 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 electrical power generation, or high-quality hydrogen 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.

Copyright st 9 PR Newswire

1 Year Powerhouse Energy Chart

1 Year Powerhouse Energy Chart

1 Month Powerhouse Energy Chart

1 Month Powerhouse Energy Chart

Your Recent History

Delayed Upgrade Clock