Powerhouse Energy Share Discussion Threads

[schofi2] 22/2/2024 13:33

It looks like a decent company webpage to me. Perhaps I'm just biased......



New hydrogen heavyweight, National H2, is on track to announce a series of major deals which will see it build the world’s first network of waste-plastic-to-hydrogen plants across the APAC region.

To achieve this, National H2 is forming a powerful consortium involving a publicly-listed technology partner along with a global conglomerate as the key project partner.

“Our mission is to develop over 240 waste-plastic-to-hydrogen plants across the APAC region, which will play an integral role in overcoming energy, waste, and climate challenges,” says National H2 Director, Richard Allen.

The Company currently has four initial sites being considered for development in Australia and Singapore, along with a significant amount of locations in the pipeline, which they intend to transform into state-of-the-art hydrogen production facilities.

National H2 will use groundbreaking technology that takes non-recyclable waste plastics and converts them into hydrogen, syngas, and clean electricity while capturing the entrained carbon in the plastic for permanent sequestration.
“With 3.5 million tonnes of waste plastic available in Australia, there is enough to supply feedstock for 200 plants across the country, which places us in a strong position for rapid, sustainable growth.”

“Through this, we believe we will develop the next generation of infrastructure that will connect millions of people with clean hydrogen energy for the next hundred years while also permanently removing damaging plastics from our oceans and other natural habitats.”

National H2 expects to finalise these agreements by the end of Q2 CY23. Following this, the Company will immediately begin seeking a planned listing on a major exchange to finance the large-scale opportunity it has at hand.

[tenapen] 22/2/2024 13:03

Am I right to think they will be sleeping on Australia ?

[vatnabrekk] 22/2/2024 11:47

A long way to go before I make any money off my shareholding here!
Like many, I bought in too early, too much, and at too high a price!

[grahamwales] 22/2/2024 11:38

You’re right in that it doesn’t burn the plastic but think the Scottish problem was they thought it was incinerated. Think I’m right as a furnace though 🤔.


Anyway until they can prove it works at scale and actually make money it’s still pie in the sky.

Best of luck and hope you have managed to make some money back off today’s announcement.

[vatnabrekk] 22/2/2024 09:32

It's not a furnace, and it doesn't burn anything! That was the problem with th Scottish project, the locals thought it was going to be an incinerator throwing toxic fumes into the atmosphere, and no-one for either Peel or the Greens bothered to educate them otherwise.

Yes the prototype does look rather "Heath Robinson" but it does the job, and it produced the data that they needed to build the computer model to prove the concept, using a variety of feed stocks.

Ads I say, they are considering bringing it down to the Bridgend facility in addition to the new kiln, so they must think it has some use.

[grahamwales] 22/2/2024 09:04

From what I seen it was nothing more than a furnace burning plastics at a very small scale lol.

Whatever happened to the material bought up front for Protos.

[juju44] 22/2/2024 08:52

Australia govt. very supportive of hydrogen

[tenapen] 22/2/2024 08:51

And as Howard white has said on mic - the past boards were not interested in developing Powerhouse energy - DMG, they just wanted a quiet life with fat cat wages. That is the past and Paul Emmitt looks to be the man to take on the challenge.

Time will tell.

[vatnabrekk] 22/2/2024 08:45

I don't think anyone expected to ever hear about Australia National H2 ever again because many said it was just a scam. Well here we are, it was real after all. Now I know this is just a framework agreement with no detail, but at least we know that they do exist and if they can start building facilities at their own cost, without capex from PHE, and paying fees to PHE for the FEED and the technology, what's not to like?

Regarding proof of concept, PHE have had that for a long time using the old prototype at Thornton Park, which they are thinking about moving down to Bridgend, in addition to the new kiln.

[grahamwales] 22/2/2024 08:40

Vat

Sorry but we all know how this works. Just sounds to familiar to what’s gone on in the past.

[vatnabrekk] 22/2/2024 08:37

You're sounding like Ken now Graham!

[grahamwales] 22/2/2024 08:35

But they have never had a full scale working unit. It’s one thing having it on paper but does the technology actually work at scale.

[talldarkslim] 22/2/2024 08:14

We know they will earn fees from engineering and licensing while not committing any cash to the projects.

[grahamwales] 22/2/2024 08:11

Any actual income on this deal.

[tenapen] 22/2/2024 08:06

.


GOOD


.

[vatnabrekk] 22/2/2024 08:03

Shorters on the barbie today, nice and crispy!!!
LOL±!!!

[deccer1] 22/2/2024 07:55

So Engsove might earn a few consultancy peanuts over the next 5 plus years. Nothing significant.

[cash2020] 22/2/2024 07:36

I’ve posted this before but here it is just in case some haven't seen it.

hxxps://nationalh2.com.au/media/National-H2-Information-Memorandum.pdf?utm_source=National+H2&utm_campaign=1ace110b39-EMAIL_CAMPAIGN_2022_02_21_03_11_COPY_01&utm_medium=email&utm_term=0_25ef9667f3-1ace110b39-1398383180



hxxps://ionanalytics.com/insights/mergermarket/richard-allen-uhl-chairman-on-the-evolution-of-the-hydrogen-industry/?utm_source=United+H2+Limited&utm_campaign=12e580fd9c-EMAIL_CAMPAIGN_2022_02_21_03_11_COPY_01&utm_medium=email&utm_term=0_ff9397e165-12e580fd9c-1398492820

[skinny] 22/2/2024 07:28

Marked down for post 22163 - you couldn't make it up! :-)

[tenapen] 22/2/2024 07:26

Hello Mrs deccer - long time no stalking

[deccer1] 22/2/2024 07:18

Ken chung - 22/2/2024"First they have to build, certify and test an intermediate size system in the UK, followed by the same for a full size system, which could cost £40m+ and more dilution, and could be stalled by the ongoing patent challenge and further technical hurdles. Rollout with the Australian company is therefore still years away (5+ years is mentioned just for starters) and what's the betting they would end up part funding projects with further dilution, dispute what they say?Lemmings and mushrooms only."

[talldarkslim] 22/2/2024 07:16

This is likely to double today