Powerhouse Enrgy Grp Successful independent technology assessment by DNV GL

 
TIDMPHE 
 
PowerHouse Energy Group plc 
                    ("PowerHouse Energy" or the "Company") 
 
17 October 2018 
 
            Successful independent technology assessment by DNV GL 
 
Successful Independent Technology Assessment of PowerHouse Energy's proprietary 
                DMG® by leading certification authority DNV GL 
 
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering 
hydrogen production from waste plastic and used tyres is pleased to announce it 
has received an independent "Statement of Feasibility" for its proprietary 
full-scale commercial engineering design for the waste to power and waste to 
hydrogen technology processes known as DMG®. 
 
This independent review of PowerHouse Energy's technology was undertaken by DNV 
GL, a global leader in technical assurance certification. This Phase one of the 
Technology Qualification process, was built into PowerHouse Energy's extensive 
engineering, safety and risk management programme which has taken several 
months to complete. The programme involved a robust and rigorous review of the 
engineering design, test data, process modelling and the equipment engineering 
design required for the commercial application of the DMG® technology. 
 
The DNV GL Statement of Feasibility is issued by DNV GL when their Technology 
Assessment finds no prohibitive obstacles under the DNV GL Technology 
Qualification process RP-A203. PowerHouse Energy look forward to continued 
involvement with DNV GL to work through the RP-A203 process to finalise the 
Technology Qualification with our first commercial site as is customary. 
 
The Statement of Feasibility reads: "The PowerHouse Energy Group's DMG® 
Waste-to-Energy technology can convert 25 tonnes per day of feedstock 
comprising high calorific value waste materials." 
 
In relation to the outputs from the technology process it adds: "The produced 
energy-rich syngas can be combusted to produce power for distributed electrical 
generation. The DMG® technology allows for integrating a process for the 
co-production of high purity hydrogen (1 tonne per day) from a proportion of 
the syngas in addition to generating power." 
 
The benefits of the DMG® process listed include: 
 
* Waste elimination with high levels of energy recovery 
 
* Production of electrical power for distribution 
 
* Ability to co-produce high purity hydrogen with electrical power 
 
It also confirms that the modular design of the DMG® process complies with all 
current regulations and statutory requirements and also with availability and 
operational demands. 
 
This third party endorsement of the generic commercial design and equipment is 
a major milestone in the planned technical development programme leading to a 
full-scale build. 
 
This Statement of Feasibility represents a positive development for PowerHouse 
Energy and its shareholders as it confirms that the DMG® technology will 
thermally convert waste plastic and end of use tyres into high purity hydrogen 
and energy. 
 
This underscores PowerHouse Energy's technical credibility and should provide 
an additional level of reassurance to prospective customers, users, and 
development partners of the DMG® technology. 
 
The DMG® modular process is a novel means of dealing with waste that can also 
establish the foundation for low-cost distributed road fuel quality hydrogen 
and locally distributed electricity. 
 
David Ryan, Engineering Director of PowerHouse Energy, commented: "Gaining this 
Statement of Feasibility provides us with a key foundation in the engineering 
and risk mitigation programme giving us great confidence in the scale up and 
roll out of the technology. Furthermore, it provides our partners in the waste 
management industry with a key element of the independent technical assurance 
needed to finalise site application specific commercial agreements to utilise 
the DMG® technology to reduce the volumes of waste plastics sent to landfill. 
 
Our expectations are that, with our planned engineering and risk management in 
place, the commercial operation our DMG® technology will exceed 1 tonne of 
hydrogen production and generate in excess of 2MW of electricity per DMG® unit 
and we should achieve full Certification against the DNV GL Technology 
Qualification process at our first site" 
 
Keith Allaun, CEO of PowerHouse Energy, added: 
 
"We sought this Technology Assessment of our engineering design by one of the 
world's most highly respected evaluators of new technologies. DNV GL confirms 
both our technology design and the rigour of our engineering approach. Our team 
has worked relentlessly over the last 18 months to get the DMG® technology to 
its existing commercialisation phase. 
 
"This independent assessment of our proprietary DMG® Technology adds further 
credibility to the considerable scope that exists for its commercial 
application globally in the many sectors where efficient and responsible use of 
non-recyclable and waste plastics and end of life tyres as well as the creation 
of clean energy has a role to play. 
 
"We would not be here today without the efforts, patience, and forward-thinking 
of all of the stakeholders in PowerHouse: our team, our partners, and our 
shareholders. The Board looks forward to further progress as we drive forward 
with the commercialisation and licensing strategy." 
 
ENDS 
 
For more information, contact: 
 
PowerHouse Energy Group plc                                  Tel: [phone] 
Keith Allaun, Chief Executive Officer 
WH Ireland Limited (Nominated Adviser)                       Tel: [phone] 
James Joyce / Chris Viggor 
Turner Pope Investments Ltd (Joint Broker)                   Tel: [phone] 
Ben Turner / James Pope 
Ikon Associates (Media enquiries)                            Tel:  [phone] 
Adrian Shaw                                                  Mob: [phone] 
 
Notes for editors: 
 
About PowerHouse Energy 
 
PowerHouse Energy has developed a proprietary process technology - DMG® - which 
can utilise waste plastic, end-of-life-tyres, and other waste streams to 
efficiently and economically convert them into EcoSynthesis gas from which 
valuable products such as chemical precursors, hydrogen, electricity and other 
industrial products may be derived. The PowerHouse technology is one of the 
world's first proven, modular, hydrogen from waste (HfW) process. 
 
The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel 
quality H2, and more than 28MW/h of exportable electricity per day. 
 
The PowerHouse process produces low levels of safe residues and requires a 
small operating footprint, making it suitable for deployment at enterprise and 
community level. 
 
PowerHouse is quoted on the London Stock Exchange's AIM Market under the 
ticker: PHE, and is incorporated in the United Kingdom. 
 
For more information see www.powerhouseenergy.net 
 
About DNV GL 
 
Today DNV GL is a globally leading quality assurance and risk management 
company. With 100,000 customers across the maritime, oil and gas, energy, food 
and healthcare industries, as well as a range of other sectors, DNV GL helps 
companies to become safer, smarter and greener. 
 
Driven by our purpose of safeguarding life, property and the environment, DNV 
GL enables organizations to advance the safety and sustainability of their 
business. Operating in more than 100 countries, our professionals are dedicated 
to helping our customers in the maritime, oil & gas, energy and other 
industries to make the world safer, smarter and greener. 
 
In the power and renewables industry 
 
DNV GL delivers world-renowned testing and advisory services to the energy 
value chain including renewables and energy efficiency. Our expertise spans 
onshore and offshore wind power, solar, conventional generation, transmission 
and distribution, smart grids, and sustainable energy use, as well as energy 
markets and regulations. Our experts support customers around the globe in 
delivering a safe, reliable, efficient, and sustainable energy supply. 
 
For more information see www.dnvgl.com 
 
 
 
END 
 

(END) Dow Jones Newswires

October 17, 2018 02:00 ET (06:00 GMT)