Powerhouse Energy Share Discussion Threads

[zeppo] 28/4/2021 19:12

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Investing Net Zero Cheshire Webinar | Energy Systems Catapult

From 48:00 (48 minutes into a 1 hour 14 minute webcast/video) Myles Kitcher talks about how government policy is crucial.


From www.investnzcheshire.co.uk

Project Map show Protos to North East of Ellesmere Port.



Peel-Plastic-to Hydrogen

Project reference number: 019
Project type: The development and construction of an unrecyclable mixed plastics
conversion facility at Protos Park, producing high purity syngas which is then
converted into hydrogen, electricity and heat.
Project maturity: Late stage development (full planning permission obtained, close
to ‘shovel ready’). Peel is now seeking co-investors to construct the project.
Key strategic drivers:
• Valorisation and monetisation of locally sourced unrecyclable mixed plastics
• Serving local demand for industrial and transport decarbonisation
Location: Plot 10b, Protos, Grinsome Road, Cheshire, CH2 4LB.
Proposed phases: DMG technology installation (Financial close: Q2 2021;
construction: Q3 2021; commissioning: Q4 2022)
Total estimated ‘turquoise’ hydrogen production p.a.: Circa. 2000 kg/day
Estimated project costs: Circa. £26m
Feedstock: c.11,667 tonnes p.a. of mixed residual plastic waste from municipal solid
waste and commercial and industrial sources.
Technology, construction and operation:
• Technology: PowerHouse Energy Plc are supplying their proprietary DMG®
Technology.
• Construction: A robust design package has allowed a tender process to be
carried out and a suitably qualified and experienced contractor will be
appointed to facilitate the design development, cost accuracy and
procurement. The intention is that these works will be procured via an NEC4
EPC Contract, such as Option A Priced Contract with an Activity Schedule.
• O&M: Peel are engaged with a potential O&M contractor in a competitive
selection process. Prior to financial close, signed contracts will be secured
with a reputable organisation to deliver the O&M contract.
Revenue streams:
• Hydrogen sales: with an assumed flat hydrogen price across life of the model.
• Power sales: The model assumes 100% of electricity sales to the grid but the
future potential exists for 50:50 on site/ off site power sales when Protos
establishes its local private electricity network (as part of the virtual power
network being considered as part of Invest Net Zero Cheshire).
• Gate fees: The project will receive gate fees from feedstock brought to the site
for treatment.Initial stakeholders: Peel NRE (Developer/landlord of Protos Park), PowerHouse
Energy plc (technology provider).
Professional advisors to date: Gowling (Legal) and Kings Associates (Design &
Development Management).
Opportunity: Seeking private sector project/portfolio level invest



Invest Net Zero is a massive and multi-faceted project.


I believe that patience is needed for Powerhouse investors.

hxxp://investnzcheshire.co.uk/wp-content/uploads/2021/04/INZC_Plastics-to-hydrogen.pdf

[vatnabrekk] 28/4/2021 17:03

zeppo: I think all of my list is critical!

Juju: I don't know anyone who thinks that it's "reasonable" that they have not brought a block on site after one year, but I'm certainly not going to sell out because of the delay because I believe in the technology, and whatever delay there is up front I won't get too depressed about it so long as the target date remains Q1 next year for completion and commissioning. And that's what PHE management are telling us, at the moment.

[juju44] 28/4/2021 16:44

Peel is supposed to be a big player but they are either incapable , disinterested or sound asleep . Ryan isnt big enough to get them to do anything and its all choking PHE to death. Anyone who thinks its reasonable that they have not brought a block on site after one year is on the wrong planet .
This is all making PHE look like a poor bet which is maybe why they cant get a decent new CEO after several months trying

[zeppo] 28/4/2021 16:41

vatnabrekk

Some part of your list of expected news is critical to stop the rot!


'
- Announcement of new CEO
- "Financial Close" for the SPV and DMG Protos project
- Payment of £500k by Peel for exercise of exclusivity right
- Update on clearance and preparation of site 10B by Peel
- Commencement of construction on site
- Update on progress in Poland
- Update on planning applications (by Peel) for DMG units at Glasgow and Manchester.'

[oakville] 28/4/2021 16:01

Down again. Worst stock in our portfolio

[vatnabrekk] 28/4/2021 08:15

I thought Peel was a big player!

[moontheloon] 28/4/2021 07:49

I'm waiting for sub 5p. Without news in a week or two should happen. If I miss anything fairplay. But I need either cheap or reassurance this isn't just a directors pay day type share. Then gone, one thing I'm sure if is of this tech was so good and revolutionary and works then why aren't they being eyed by big players and given the relatively small funds to speedily get to market.... That's probably best ploy here. But raises questions why?

[vatnabrekk] 27/4/2021 23:24

phoenix, lots of news expected soon or in the next couple of months:
- Announcement of new CEO
- "Financial Close" for the SPV and DMG Protos project
- Payment of £500k by Peel for exercise of exclusivity right
- Update on clearance and preparation of site 10B by Peel
- Commencement of construction on site
- Update on progress in Poland
- Update on planning applications (by Peel) for DMG units at Glasgow and Manchester.

[phoenix36] 27/4/2021 21:29

Do we think this has hit its low now, when do we think we get to see a bounce? And is there any news due?

[roadster750] 26/4/2021 13:34

I prefer his alter ego Ker Ching.

[vatnabrekk] 26/4/2021 13:02

Pay no attention to Ken. He's just a mischievous trouble maker, with no genuine interest in the comapany.

[gustavkoskinen] 26/4/2021 11:28

Where all this negativity is coming from? DMG is an absolutely new thing. It's the only way to clean up the world from the oceans. Does anyone have any other solution? If this wasn't good enough/ PEEL would never entered this collaboration. I really don't see there is no belief in something so simple and genius?

[replicas1967] 26/4/2021 08:11

Lemons and marshmallows only Kenneth

[ken chung] 26/4/2021 07:58

MCap £215m, fair value £1m or less.Lemmings and mushrooms only.

[moontheloon] 23/4/2021 07:53

Ken out of interest do you have a short In play with phe? If so get it down to 4p region for people to get in pre unsubstantiated frothy spike.

[replicas1967] 23/4/2021 06:23

Lemons and marshmallows only Kenneth

[ken chung] 23/4/2021 06:20

Have they been allocated a bit of marginal land by Peel, possibly prone to flooding or near surface water table, at the bottom of somewhere called Marsh Lane? Bit squidgy under foot is it?

[replicas1967] 22/4/2021 22:32

Lemons and Marshmallows only 🤷🏻‍♂️

[vatnabrekk] 22/4/2021 22:19

juju, I believe there's a concrete block lying somewhere on the site. Probably dropped by DR as he fled.

[juju44] 22/4/2021 21:51

CEO will be leaving to become a consultant . After that he can fly away if he chooses . Has Peel built a single block yet - after a year . Its all getting ridiculous

[gustavkoskinen] 22/4/2021 10:36

A Director is leaving because these are the regulations. CEO is not leaving / he is just changing his position in order to fully focus on engineering. It's a 4.0. technology, one of a kind. Do you think PEEL are bunch of idiots who didn't look at the technology and what good can it do and how much money can it make?