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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Powerhouse Energy Group Plc | PHE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.025 | -2.08% | 1.175 | 10:21:07 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.175 | 1.175 | 1.25 | 1.175 | 1.20 |
| Industry Sector |
|---|
| ALTERNATIVE ENERGY |
| Top Posts |
|---|
Posted at 30/12/2024 18:28 by schofi2 Tougher rules to restrict new waste incineratorsThis can only be good news for PHE. To much plastic being burned to create electricity. Good Quote:- With 49% of waste collected now incinerated, this is having a negative effect on the climate because increasing amounts of plastic, made from fossil fuels, are being thrown away and burned, releasing large amounts of carbon dioxide. This Labour party could be a good thing for PHE, and I'm not a supporter.:-) |
Posted at 30/12/2024 09:05 by juju44 Good news for PHE . Time they shouted from the rafters to grab opportunities from todays news . Good tests and we could be in for a very big year |
Posted at 24/12/2024 08:35 by grahamwales Unfortunately hydrogen in the UK isn’t really taking off like other countries. UK governments are led and financed by oil companies.The only alternative for PHE is to produce electricity from the syngas as it stands which may not be economically viable given all the investment in wind and solar. |
Posted at 23/12/2024 23:05 by vatnabrekk I think Protos is dead in the water.It was certainly a fantastic initiative of Peel's initially to have a "Plastic Park" where all forms of plastic could be sorted into recyclable and non-recyclable, where the recyclable plastic could be recycled, and the non-recyclable converted into syngas and/or electricity and/or hydrogen. But so far it hasn't worked. The required infrastructure hasn't been built and very few of the sites have been taken up. Peel were going to build a hydrogen refuelling station for the trucks and other vehicles that would be using the site. But that hasn't happened. Then there was going to be a carbon capture system to be used by all of the businesses on the site, with a network pumping the CO2 into dead oil wells in Liverpool Bay. That hasn't happened so far, although it may still be on the cards sometime. Initially Peel were going to build a DMG on Plot 10B in the Protos Park and operate it, and pay a technology fee of £500k per annum to PHE. They were going to build a DMG on 11 of their Parks!! They actually got planning permission for the DMG at Protos, and also permission for one on Clydeside in Scotland. But the local population at Clydeside organised a protest because they feared the DMG would pollute the atmosphere, because they believed it was really an incinerator. The protestors were supported by the Sottish Greens and Friends of the Earth as well as the SNP Scottish government, so in the end Peel gave up and withdrew the planning application. At Protos, Peel decided they didn't want to put up their own money to build a DMG so they sought funding. That failed. Then a 50/50 JV was established between Peel and PHE, and they both went out looking for funding. That also failed. Then PHE acquired 100% of the JV company at Protos so that they could be in control of their own destiny, with an option to lease Plot 10B from Peel to install a DMG. But they were unable to get a feedstock contract from any waste management company, and they were unable to get an off-take agreement for the hydrogen, so they were unable to raise the required funding. And that's where PHE's Protos project stands today. They still own 100% of the JV company, they still have planning permission unless it has expired, and they still have an option to lease Plot 14B from Peel. There is no infrastructure on Plot 14B, and no plant & machinery associated with the project. But it is a registered company called "Protos Plastics to Hydrogen No.1 Limited". There needs to be more waste management companies taking up Plots in the Protos Plastic Park before PHE can contemplate starting any form of construction. At the moment the whole Park seems to be in limbo and I'm not convinced that is going to change any time soon. That's why I keep saying forget Protos, there are several better opportunities for PHE elsewhere that are more likely to become the FOAK for PHE. Here's a link to the Protos Park web site. |
Posted at 16/12/2024 17:34 by smokey 1o3 PHE acquired 100% of Protos in 2023, with the JV itself being wound up, with the assets of the SPV signed over to PHE, and the agreement that PHE will retain the option (for a fee) until March 2025 {interesting] |
Posted at 16/12/2024 15:09 by jaknife Smokey 1o3,"Well you don't have to wait long we will all find out in January won't we." I have deleted my post 22,656, upon reflection it doesn't make the point that I was aiming at clearly enough. Let me try again ... I have little doubt that PHE will be able to make it appear that something is working in front of shareholders, after all they have done that before. Back in 2017 PHE demonstrated the "G3-UHt" prototype to shareholders to get them rabidly salivating, so much so that multiple placings followed. However, the "G3-UHt" prototype only ever worked on pure (non-waste) feedstock and never functioned commercially. In total PHE have been building waste to gas units since 2002 (page 14 of AIM Admission document). 22 years of complete and utter ineptitude later, multiple false RNSs, numerous wild claims of sales that never actually materialised and not a single commercial functioning unit has ever been produced. It seems reckless to assume that PHE will be able to do anything more than they've done before - demonstrate a unit to the baying crowd in order to raise some funds and then run off with the money for seven years before coming back to fleece the crowd again ... just like last time! JakNife |
Posted at 16/12/2024 07:17 by tenapen Paul Emmitt, Chief Executive Officer, commented:"I am extremely pleased that we delivered this highly significant milestone for the Company. It is testament to both the PHE and Engsolve staff, their hard work and professionalism, that we have achieved this on schedule and on budget. The FTU has been something that I have championed since my involvement with PHE. Whilst we have had setbacks with our prior intended kiln manufacturer, we have overcome them to provide something tangible; an innovative facility that will allow us to showcase the DMG technology as well as our technical / engineering expertise as a Group as we look to deliver our vision for our shareholders." ----- In Paul Emmett and team we trust. |
Posted at 16/12/2024 07:10 by skinny "I am extremely pleased that we delivered this highly significant milestone for the Company. It is testament to both the PHE and Engsolve staff, their hard work and professionalism, that we have achieved this on schedule and on budget. The FTU has been something that I have championed since my involvement with PHE. Whilst we have had setbacks with our prior intended kiln manufacturer, we have overcome them to provide something tangible; an innovative facility that will allow us to showcase the DMG technology as well as our technical / engineering expertise as a Group as we look to deliver our vision for our shareholders.""This year has been an eventful one. We have resolved our patent challenge, and had grant of UK, European and Japanese patents, we have signed an agreement with National Hydrogen of Australia and have now delivered mechanical completion of the FTU. "Early 2025 will see us "hot" commission and test the FTU, whilst opening our doors to showcase our technology to investors as well clients and potential clients. We will also deliver the FEED for National Hydrogen, whilst further developing both the PHE and Engsolve offerings. There are also a number of old business opportunities to revisit as well as new ones to pursue for the team. "I believe we enter 2025 in a stronger more positive position than that which we entered 2024. I would like to take this opportunity to thank our shareholders for their patience and support this year and look forward to an exciting 2025 for the Company." |
Posted at 15/10/2024 06:40 by tenapen Paul Emmitt, Chief Executive Officer of PHE, commented:"I am delighted that this patent has finally been granted. This justifies the hard work put into the application, and into the development of the technology preceding that, by the PHE team. This is the second patent to be granted to the Company and provides significant protection for the Technology that differentiates PHE from others in the waste-to-energy sector. I look forward to providing further updates in due course." In Pau Emmitt and team we trust.. |
Posted at 17/3/2024 16:06 by tenapen Still lots of work to do with the header NewTechYou have a paragraph in red "Presumably HUI were not therefore expecting PHE technology to be commercially available and able to generate revenues for themselves, any time soon, hence indirectly now buying into a cannabis farm" Question; Who is doing the presuming ? -------- Also in Red, you ask "is unclear why PHE paid £572,000 for 52% of Engsolve in Jun 2023, when they only paid £99,990 for 48% in 2021 - Something closer to £108,322 for the 52% in 2023 may have been more logical on that basis; particularly as PHE presumably accounted for a large proportion of Engsolve's revenues, and Engsolve technical staff could perhaps instead have been recruited into PHE at zero cost. - 12/8/2021 - PHE acquired 48% of Engsolve for £99,990, from PHE CTO and the wife of its former CEO, in a related party" This has been answered on a recent RNS, ------- From IGTV webpage - but being as thick as I am told I am, I cannot seem to be able to c&p the link. Powerhouse Energy building a royalty gas production business While in a close period the chief executive of Powerhouse Energy (PHE), Paul Emmitt, caught up with IGTV to discuss the company’s business model. Cont... The writeup reports they have a algorithm to change the settings in the kiln - is that possible ?. It also writes about taking car tires again Mmmmm ! In Paul Emmitt we trust. |
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