Powerhouse Enrgy Grp Planning approved for second UK site

 
TIDMPHE 
 
Powerhouse Energy Group plc 
 
                        ("Powerhouse" or the "Company") 
 
9 June 2022 
 
        Planning approved for second UK site for Powerhouse technology 
 
Powerhouse Energy Group plc (AIM: PHE), the UK technology company 
commercialising hydrogen production from plastic, is pleased to announce that 
its UK channel partner Peel NRE, part of Peel L&P, has been granted planning 
approval for a hydrogen facility in West Dunbartonshire, Scotland. 
 
The £20m 13,500 tonne facility at the site at Rothesay Dock on the north bank 
of the River  Clyde, will be the second site in the UK planning to use 
Powerhouse's technology to turn waste plastic into hydrogen. The hydrogen will 
be used as a clean fuel for vehicles, with plans for a linked hydrogen 
refuelling station on the site. It follows the UK Government doubling its 
hydrogen production target by 2030 as part of the recently-published Energy 
Security Strategy, so more clean and affordable energy can be produced in the 
UK as energy prices continue to rise globally. 
 
Planning approval for the Rothesey Dock site is an important early step in the 
process of getting the facility built there. This is the second planned 
facility, with the first to be delivered at Peel NRE's Protos site in Cheshire, 
as announced on 10 April 2019. Peel NRE has already been granted planning 
approval for the Cheshire site, and intends to start construction this year. 
 
Richard Barker, Development Director at Peel NRE, said: "This is a fantastic 
moment for West Dunbartonshire and Scotland. It shows how the UK is innovating 
when it comes to rolling out new net zero technologies. The facility will 
address the dual challenge of both tackling our problem plastic whilst creating 
hydrogen, a sustainable fuel for future generations. 
 
"Whilst the focus must remain on removing plastic from society, there are still 
end of life plastics that need managing. The plant will play a pivotal role in 
making the best use of non-recyclable material, with the resulting hydrogen 
able to help cut carbon emissions from vehicles." 
 
Paul Drennan-Durose, Chief Executive Officer of Powerhouse, said: "The consent 
for a second site is another substantive step for Powerhouse, as we roll-out 
the process of commercialising our technology. We value the opportunity of 
working alongside Peel NRE, and in supporting the Scottish and UK governments 
in their missions to decarbonise communities and the economy." 
 
Zero Waste Scotland estimates that around 500,000 tonnes of waste plastic are 
produced in Scotland every year, with research undertaken by Anthesis, on 
behalf of Peel NRE, showing that around 300,000 tonnes are within the central 
belt of Scotland. 
 
Peel NRE has signed a collaboration agreement with Powerhouse to develop 11 
waste plastic to hydrogen facilities across the UK in the medium term, with the 
option of exclusive rights for a total of 70 facilities. The North Clyde 
facility is the second site to come forward under the collaboration agreement. 
 
                                    -ENDS- 
 
For more information, contact: 
 
Powerhouse Energy Group plc         Tel: [phone] Paul Drennan-Durose 
                                    6399 
 
WH Ireland Limited (Nominated       Tel: [phone] James Joyce/Megan 
Adviser)                            1666                 Liddell 
 
Turner Pope Investments (TPI) Ltd   Tel: [phone] Andrew Thacker/James 
(Joint Broker)                      0050                 Pope 
 
SisterSmith PR (media enquiries)    Mob: +44 (0)         Becca Smith 
                                    7766522305 
 
Notes to Editors: 
 
About Powerhouse Energy Group plc 
 
Powerhouse Energy has developed a proprietary process technology - DMG® - which 
can utilise waste plastic, end-of-life-tyres, and other waste streams to 
convert them efficiently and economically 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 process. 
 
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. 
 
Powerhouse is quoted on the London Stock Exchange's AIM Market under the 
ticker: PHE and is incorporated in the United Kingdom. 
 
For more information see www.powerhouseenergy.co.uk 
 
About Peel NRE 
 
Peel NRE, part of Peel L&P, is at the heart of the nation's activity around 
clean growth and the circular economy - helping the UK achieve net zero by 2050 
and supporting regions in their actions to achieve climate emergency targets. 
 
We reuse, repurpose and re-energise natural resources to develop and maintain 
vital infrastructure across the UK and are experts in renewable energies, 
district heating, waste to value, water management, materials management and 
electric vehicle charging. 
 
Our Protos Cheshire energy and resource hub leads the way in low carbon energy 
and waste management through innovative technologies including the UK's first 
plastic-to-hydrogen facility, a 50MW windfarm, a 26MW biomass plant, a 49MW 
energy from waste plant in construction and a plastic park blueprint to 
revolutionise plastic recycling nationwide. 
 
More about Peel NRE at www.peellandp.co.uk/peelnre 
 
About Peel L&P 
 
Peel L&P is an ambitious regeneration business which owns and manages 12 
million sq ft of property and 20,000 acres of land and water across the UK, 
with a total portfolio value of over £2.5 billion. 
 
Established in 1972, it has generations of history, heritage and expertise and 
is responsible for some of the most transformational projects in the country 
including The Trafford Centre, Peel Waters' MediaCity and Peel NRE's Protos 
energy and resource hub in Cheshire. 
 
Other Peel Waters regeneration sites include Liverpool Waters, Wirral Waters, 
Trafford Waters, Manchester Waters, Glasgow Waters and Chatham Waters with a 
development pipeline of around 30,000 homes, 10 million sq ft of commercial 
space and circa 160 acres of public realm over the next 20 to 25 years. 
 
As part of The Peel Group, it strives to make a positive impact on people's 
lives and is a key partner in helping central and local Government tackle 
unemployment, reach net zero carbon targets, solve the housing crisis and 
level-up the country's regions to improve the prosperity, climate resilience 
and health and wellbeing of communities. 
 
Peel L&P has accelerated its action towards addressing climate change and 
biodiversity loss, and its five-year sustainability plan is aligned to the 
United Nations Sustainable Development Goals. It was also the first company in 
the UK to third party verify buildings as net zero carbon, as defined by the UK 
Green Building Council. 
 
Peel L&P's specialisms include large-scale mixed-use regeneration schemes, 
residential, retail, industrial and logistics, hospitality & leisure, and low 
carbon energy development. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

June 09, 2022 03:12 ET (07:12 GMT)