Powerhouse Energy Share Discussion Threads

[deccer1] 30/12/2020 07:15

I see they have set up an environmental committee announced today. Don't see the point except that surprise surprise I suppose it gives 75 year old Tim Yeo yet another income stream for probably very little meaningful work if you ask me. It all smells very nasty.

[tenapen] 30/12/2020 07:11

I wonder if Alexander Graham Bell and all of the other ground breaking / world changing inventors gave up after the first attempts failed !.


Phe moving forward on all fronts :-)

E.S.G

[scantrader] 30/12/2020 00:06

Evil Banksta wrote a detailed piece on Shareprophets ( as a bear) a few months ago re likelihood of failure -and history of dodgy claims. The actual article is behind paywall but this was his reply to someone in the comments ....

"Elrico,

The Munich prototype was "feasible" (so "feasible" that apparently PHE agreed unconditional sales contracts) but then it was actually built and it failed.

The Brisbane prototype was also "feasible" and supposedly "fully functional" except that it never generated any revenue and PHE decided to abandon it.

And ditto the Chester prototype was also "feasible" until they built it and found that it didn't work ... except for very short periods of time, only using refined feedstock and that it had to be stripped down and rebuilt after being used.

Now the fourth prototype is supposedly "feasible". But it hasn't been built, it's never been tested and before it can be they will need to find some suckers to finance the build as they only have £280,000 of cash at bank.

And FWIW, I'm sure that Air Partners thought that their gasification technology was also "feasible" before they punted a billion dollars on trying to build it.

I really shouldn't have to point out the meaning of the word "feasible": just because something is feasible on paper doesn't mean that it will actually work in practice. PHE's 18 year track record with its previous three "feasible" gasification prototypes is hopeless and given that there are numerous examples of bigger businesses with deeper pockets also failing I speculate that the technology will never work in practice."

[scantrader] 29/12/2020 23:47

Tyre crumb isn't really waste anyway - eg it's sold at £500 a ton for play areas.

[supernumerary] 29/12/2020 22:36

vatna - but so far how does anybody realistically evaluate either the technology or the business model?

Not to worry, lots of money being made :)

[vatnabrekk] 29/12/2020 22:03

You are right, it is tyre crumb, but I believe that tyres have to be shredded anyway before they can be accepted for landfill, so the shredding wouldn't be an extra cost for the DMG process.

Anyway, with the quantity of non-recyclable waste plastic that's going around in the world I suspect it will be a long time before the DMG "developers" run out of plastic feedstock.

[supernumerary] 29/12/2020 20:21

eldermon - I don't think they can take car tyres, only tyre crumb, which changes the finances significantly. Or do you have evidence to the contrary?

[tenapen] 29/12/2020 20:08

Powerhouse Energy Group plc

("Powerhouse" or the "Company")

29 December 2020


About Powerhouse Energy Group plc

Powerhouse, the sustainable hydrogen company, 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
syngas from which valuable products such as chemical precursors, hydrogen, electricity and other industrial products may be derived. Powerhouse's technology is one of the world's first proven, distributed, modular, hydrogen
from waste (HfW) process.

The Powerhouse DMG® process can generate up to 2 tonnes of road-fuel quality hydrogen and more than 58MWh of exportable electricity per day.

Powerhouse's process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level. As announced on 11th February 2020 under its Supplemental
Agreement with Peel Environmental, Powerhouse will receive an annual license fee of GBP500,000 in respect of each project which is commissioned.

-----

"Plastic + end-of-life tyres and other waste streams"

Of which there will always be many !.

A great last few trading days, truly great.

[moontheloon] 29/12/2020 19:20

Thanks, fair point

[eldermon] 29/12/2020 19:03

Plastics and car tyres are the main items being used in the MSG process, so when plastics reduce I'm sure car tyres will exist in large numbers for some time.

[regandharry5] 29/12/2020 17:28

Is that relevant?

[vatnabrekk] 29/12/2020 17:28

BBQ shorters tonight?

[schofi2] 29/12/2020 17:21

Massive turnover today and more buys than sells.

I love the smell of burning fingers in the morning. :-)

[moontheloon] 29/12/2020 16:18

Serious question... With the global move from plastics which is hand in hand with the hydrogen/renewables transformation... Whats the replacement when wastes plastics are all waste papers boards etc?... Down the line of course

[juju44] 29/12/2020 12:08

Nothing like an idea whose time has come

[minpatel78] 29/12/2020 12:00

https://twitter.com/eu_env/status/1341355128943742976?s=21

[minpatel78] 29/12/2020 11:56

https://www.google.co.uk/amp/s/www.commondreams.org/news/2020/12/23/eu-ramps-fight-against-pollution-ban-plastic-waste-exports-poorer-countries%3famp

[ken chung] 29/12/2020 11:28

They have never built a commercial size system have they.Even if they do, it will take 12 months to build, then will have to undergo testing and certification, so could still fail or need more development work and more expense.Meanwhile how much is Tim Yeo paying himself? He was said to be on £7000 a day during his alleged cash for questions scandal. Cannot see him taking less than £1.5m pa for his role here, whatever that is and probably just a few days a year work if you can call it that and if my guess is right.When is the next placing?Lemmings and mushrooms only.

[nivison] 29/12/2020 10:30

Interesting to see the new international rules to stop richer nations dumping unrecyclable plastic onto poorer countries will come into effect on the 1st Jan. Richer countries will need to find alternative solutions to the rising piles of used plastic. Can anyone think of such a
solution....??

this has the potential to be an extremely important (and disruptive) technology. Some people don't like that threat which is one reason why you see bashers on platforms like this. I take it as a good sign. No bashers = no threat, which wouldn't be good. The fact that they were saying the same stuff when the share price was 0.3p is a bit of a giveaway. I'm glad they didn't 'save' me from a profit of 2500% or thereabouts.

Of course there are risks, we should all be aware of those, but use your own grey matter and do your own thinking about where regulation is heading, where we as a society need to go in the medium term. You might make some money along the way.

[ccr1958] 29/12/2020 09:01

Good stock always attract morons .. Morning.

[d0f21] 29/12/2020 08:51

Most luxurious mushrooms I've ever owned..

[vatnabrekk] 29/12/2020 08:38

Keep trying Ken and deccer!