Powerhouse Energy Share Discussion Threads

[tenapen] 17/10/2022 05:44

Vat, et-al

Powerhouse need someone with the many skills that HUI's Aleksandra has. She along with the HUI BoD members are head and shoulders above the drivel Powerhouse seem to employ. We'll get there.


woff woff wee tom

[supernumerary] 16/10/2022 23:30

"The company has certainly been through a very poor time, but I believe the future is looking brighter."

Well, they do say the first twenty years are the worst...

[schofi2] 16/10/2022 23:22

Deccer's dogs give 3 thumbs up, surprise surprise.
Who let the dogs out
Woff, woff woff woff

[schofi2] 16/10/2022 23:18

Deccers dogs give 3 thumbs up
Woff woff woff

[vatnabrekk] 16/10/2022 22:38

The company has certainly been through a very poor time, but I believe the future is looking brighter.

[tenapen] 16/10/2022 19:59

Poor wee tom winnifred and his woff woffs


A good interview from Zak, with Howard White acknowledging the many phe board members have been beyond hopeless. Let's hope the new BoD members Howard hints at, take down the sign from above the door 'say nothing and do even less'.

Happy to hold and once the traders sell into the coming rise ! I may re-start drip feeding.

[deccer1] 16/10/2022 19:38

Ken Chung
15 Oct '22 - 19:38 - 20558 of 20565

Vatnabrekk, I warned you some time ago that I thought HUI were developing there own product.

Last week it seemed to have been confirmed by HW in an interview with Zak Mir to be the case and that PHE will not now address the lucrative zero CO2 hydrogen only market (which is eligible for EU grant aid) but that market will be addressed by HUI's product. Just when we thought PHE had been working for years on cornering the hydrogen only market (plus other combinations, including electricity). So in essence, PHE's market just got smaller and arguably more financially challenging, if they cannot attract EU grants due to their system producing waste CO2 because they will be left having to burn the syngas via gas turbines to generate electricity.

In addition, HW seemed unable to put a date on when a first full size PHE commercial system would be built. That is quite shocking at this stage wouldn't you agree? I suspect it won't be until after another prototype has been built, tested and further developed at PHE's proposed Innovation Centre, for which they haven't yet even signed-off on a site, and which itself I estimate would take a year and a half to build, test and certify, even before any further development work that may be needed. Then a similar timescale for a first full size system assuming due diligence would require successful completion of a prototype before constructing a full size commercial system.

So come back around 2026 on that basis, by when I guess there will be lots more competing systems from other companies, including many with established track records. And with costs rising 10% to 15% pa, I expect it will cost a lot more than the in itself hefty Euro20m figure HW suggested.

Lemmings and mushrooms only.


Ken Chung
15 Oct '22 - 19:49 - 20559 of 20565

Fair value £1.5m to £2m imo.

[schofi2] 16/10/2022 17:39

Research shows that HUI are in the business to convert plastic only to syngas, probably because that comes with EU help and subsidies.

PHE are looking at other products as well including waste tyre crumb. This has already been stated and tested, but the company have been concentrating on plastics because it's the easiest route at the moment especially with Peel.

Once the syngas is produced it can be treated to create Hydrogen.
In my opinion this is why HUI and PHE are a perfect fit, why have two systems to create the hydrogen when one developed by one or either companies is sufficient and very cost effective.

DYOR and don't listen to Tom's lap dogs

[schofi2] 16/10/2022 16:39

Two thumbs down, reeled them in hahahahaha.

[schofi2] 16/10/2022 12:28

Ker Ching - Who let the the dogs out
Woff, woff woff woff

[shanew48] 15/10/2022 23:39

Short term potential for the share price to hit the 3-5p range is all that matters here!

[vatnabrekk] 15/10/2022 22:50

"I suspect it won't be until after another prototype has been built"

There is no connection between the new innovation centre and the installation of the DMG at Protos. No dependancy at all.

[murphy2000] 15/10/2022 20:04

Loan Facility Agreement

Loan Facility Agreement with Protos Plastics to Hydrogen No1 Limited - the loan facility has been extended until 31 March 2023.

The Loan Facility Agreement was signed on 11 May 2021, providing the Peel special purpose vehicle for the Protos plastics to hydrogen project (the 'Project') with the ability to draw down funds from PHE up to the sum of GBP3,800,000. The loan is be repaid on the date of the Final Investment Decision of the project and carries a coupon of 2% above Base Rate. The loan is secured by a step-in on the lease of the Project site. The sums drawn down can only be made against a development cash flow schedule listing prescribed activities and costs related to development of the Project.

All other terms and conditions remain unchanged.

Interesting, we’ll see how this plays out

[ken chung] 15/10/2022 19:49

Fair value £1.5m to £2m imo.

[ken chung] 15/10/2022 19:38

Vatnabrekk, I warned you some time ago that I thought HUI were developing there own product.

Last week it seemed to have been confirmed by HW in an interview with Zak Mir to be the case and that PHE will not now address the lucrative zero CO2 hydrogen only market (which is eligible for EU grant aid) but that market will be addressed by HUI's product. Just when we thought PHE had been working for years on cornering the hydrogen only market (plus other combinations, including electricity). So in essence, PHE's market just got smaller and arguably more financially challenging, if they cannot attract EU grants due to their system producing waste CO2 because they will be left having to burn the syngas via gas turbines to generate electricity.

In addition, HW seemed unable to put a date on when a first full size PHE commercial system would be built. That is quite shocking at this stage wouldn't you agree? I suspect it won't be until after another prototype has been built, tested and further developed at PHE's proposed Innovation Centre, for which they haven't yet even signed-off on a site, and which itself I estimate would take a year and a half to build, test and certify, even before any further development work that may be needed. Then a similar timescale for a first full size system assuming due diligence would require successful completion of a prototype before constructing a full size commercial system.

So come back around 2026 on that basis, by when I guess there will be lots more competing systems from other companies, including many with established track records. And with costs rising 10% to 15% pa, I expect it will cost a lot more than the in itself hefty Euro20m figure HW suggested.

Lemmings and mushrooms only.

[schofi2] 15/10/2022 18:45

Been doing a little research into HUI and found this (copy and google):

www.hydrogenutopia.eu/news/10-1-22

I Like this part very much:

HUI’s waste plastic to hydrogen process, incorporating Powerhouse Energy Group Plc (PHE) DMG® technology, is an efficient, robust, scientifically well-established and environmentally friendly technology, that converts end of life plastics into a source of energy. The systems are scalable and adaptable to site specifics and characteristics. A plant can be constructed on as little as 1.5 hectares and bolted on to existing waste remediation facilities with ease. HUI has acquired exclusive rights to market PHE DMG® technology in Hungary, Poland and Greece and non-exclusive rights for the rest of the world. It has forged strong alliances with leading players in their fields such as Linde (the leading global industrial gases group), Sweco (one of Europe’s leading engineering, environmental technology and architecture consultancies) and Electron Thermal Processing (a Dutch specialist heat treatment system provider) in order to ensure a successful rollout of its systems.

[schofi2] 15/10/2022 18:22

Some dog gave the thumb down. Hahahahaha
Woff woff

[schofi2] 15/10/2022 16:05

I suspect that Monday morning will give the direction of future share price in PHE.
The dogs will be working hard to sink it I guess.

[schofi2] 15/10/2022 15:48

Meanwhile:


Like the part that says - Securing a fit-for-purpose location where 'NEW' feedstocks can be properly tested.
Theoretically any waste carbon can be used in the process.

[ken chung] 15/10/2022 10:55

It's a nightmare. PHE haven't even signed contracts on a suitable site for the Innovation Centre, where they hope to build a prototype by the look of it, but are still stuck in "negotiations" whatever that means. Even if they were to sign contracts in December 2022, they then logically need to draw up plans and get planning permission. That could take it through to the end of April/May 2023. If they then start building an IC in June/July 2023 and it takes a year to complete, followed by 6 months of testing, you might be looking at end 2024 to start building a commercial system at Protos and end 2025 for completion at Protos followed by 6 months of testing and certification taking it into mid 2026. Mid 2026! That is years away!

[vatnabrekk] 15/10/2022 10:15

Seems you don't understand it either, Tewkesbury. The loan of £3.8M was given to the SPV, not to Peel, and will most likely be converted into shares in the SPV as part of PHE's 50% ownership of the SPV in due course.

PHE are now very much involved in the SPV project as a joint venture, which they weren't before as it seems it was being entirely run by Peel. But not now.

[tewkesbury] 15/10/2022 09:40

I'm not taking sides but Ken is right. If HUI intend to deploy there own systems, that would seem to be to the exclusion and loss of PHE. Why can't PHE deploy to those sites?PHE leant Peel £3.8m for Protos but so far have little to show for it on the ground and now have to fund the Protos SPV in addition. PHE raised £10m in a placing to fund a DMG but it never happened and the cash dwindled away. They leant some money to HUI, who developed their own system thanks very much. Now we find PHE have to build an Innovation centre to demonstrate a larger prototype and further prove proof of concept. Presumably HUI will benefit from that further testing if the systems are similar.Howard White now says commercial units will each cost Euro20m. Zak asked White when one would be built and he didn't appear to know. 2 years was his guess. Why are there two separate companies and PHE don't seem able to market their own systems but gave those rights to HUI?