Powerhouse Energy Share Discussion Threads

[grahamwales] 23/2/2024 08:29

Research the directors of National H2

Lots of fingers in lots of companies but none actually producing any revenue.

Sounds like another scam to me.

[schofi2] 22/2/2024 20:26

The site looks good to me with lots of info. All links work for me. If you're looking for negatives I'm sure you'll find them if you look hard enough, but the Australian government seem to want their country to be world leaders in hydrogen production and development. Just wish the UK government could be as positive and support innovative companies like PHE

[cash2020] 22/2/2024 20:14

Don’t worry Tenapen, it is Powerhouse. PHE are mentioned multiple times in this document. Expect the timelines to be updated very soon…

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

[tenapen] 22/2/2024 19:06

Powerhouse energy not mentioned - the website flagging up the National H2 intentions.

[supernumerary] 22/2/2024 16:23

Some people are taking it more seriously than you, perhaps because they know more about it?

See for example:

and the paper that started all the fuss:

Unless you have institutional access you'll have to pay to read either of them in full.

[apfindley] 22/2/2024 15:53

Smells of trying to get news out whilst there is an attempt this week to try and get a certain word 'hydrogen' to become vogue.Away from powerhouse, certain people are writing makeshift articles and trying to get hydrogen to be a buzz word so they can benefit (profit) if they manage to create a frenzy over it. The same people will later switch back to pumping lithium or bitcoin etc again.Know their game.There's no such thing as a limitless supply of hydrogen and all that talk of centuries worth of it trapped in reservoirs beneath us is laughable. I didnt realise the earth was like edam....like they want to be believed.Oh dear.

[supernumerary] 22/2/2024 14:02

You're biased.

It's totally vacuous - apart from being inept (all the links fail while the useless popup's there!) - it's full of generalities and pious promises. If it's so good, tell me who owns the company. Or who runs it. Or how much money they have. Or anything more specific about their plans than 'we will raise oodles of money in order to exploit the government grants becoming available'.

And this hydrogen megastar of the future is run out of what looks like a serviced office in Sydney. Anybody who thinks this is a serious business proposition should browse the site for themselves:

I see no point in looking further into this - perhaps someone else will take a look at their company registration information? Wouldn't surprise me to see a White turn up. Or even a Bond!

[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.