Powerhouse Enrgy Grp Progress on advance towards hydrogen purification
23 Ottobre 2017 - 8:00AM
UK Regulatory
TIDMPHE
23 October 2017
PowerHouse Energy Group plc
("PowerHouse" or the "Company")
Progress on advance towards hydrogen purification
PowerHouse Energy Group plc (AIM: PHE), the company focused on ultra-high
temperature waste-to-hydrogen and waste-to-energy systems, and the creator of
DMG©, Distributed Modular Gasification, is pleased to announce that it has
confirmed with several multi-national suppliers of hydrogen clean-up and
purification equipment and hydrogen (the "Suppliers") that, based upon
independent third-party laboratory analysis, the Suppliers' equipment would
allow Powerhouse's DMG© system to achieve the delivery of 99.999% pure
hydrogen.
Having recently had its synthesis gas fully analysed by an independent
third-party laboratory and having forwarded the results to a supplier,
PowerHouse has reached an initial agreement in principal, subject to minor
engineering detail and finalisation of commercial arrangements, that one of the
Suppliers is prepared to provide its proprietary small-scale Pressure Swing
Adsorption ("PSA") equipment to separate and clean up the hydrogen within the
syngas to road-fuel quality hydrogen. Should the Supplier be selected to
provide its equipment, it is prepared to guarantee and warrant the performance
of the equipment.
Keith Allaun, Chief Executive Officer of Powerhouse, commented:
"Achieving this confirmation was a pre-requisite for PowerHouse to accelerate
its commercial discussions with industrial transportation and other hydrogen
road-fuel users. It is a key component of our commercial plan - and l within
our stated budget - and further underscores our intention to become one of the
first waste-to-hydrogen road-fuel companies.
Our successfully demonstrated and tested DMG© technology - for the conversion
of waste plastic, end-of-life tyres, and other industrial and municipal waste
materials - is the enabling mechanism that we believe will allow the roll out
of distributed hydrogen production and carbon-neutral hydrogen refueling
stations in the UK and in a number of countries around the world."
For more information, contact:
PowerHouse Energy Group plc Tel: +44 (0) 203 368 6399
Keith Allaun, Chief Executive Officer
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666
James Joyce / James Bavister
Turner Pope Investments Ltd (Broker) Tel: +44 (0) 203 621 4120
Ben Turner / James Pope
Allerton Communications (Media enquiries)
Peter Curtain Tel: +44 (0) 20 3633 1730
About PowerHouse Energy
PowerHouse Energy Group plc is the developer of the G3-UHt Ultra High
Temperature Gasification unit, and the creator of DMG©, Distributed Modular,
Gasification, which allows for the distributed elimination of waste, the
generation of distributed electricity, and the production of distributed
hydrogen with the world's first hydrogen from waste process (HfW).
The Company is focused on technologies to enable projects for energy recovery
from municipal and industrial waste streams that would otherwise be directed to
landfills and incinerators; or from renewable and alternative fuels such as
biomass, tyres, and plastics to create synthesis gas (syngas) for power
generation, or high-quality hydrogen as a fuel for transport. DMG©, allows for
easy, economical, deployment and scaling of an environmentally sound solution
to the growing challenges of waste elimination, electricity demand, and
distributed hydrogen production.
PowerHouse is quoted on the London Stock Exchange's AIM Market. The Company is
incorporated in the United Kingdom.
For more information see www.powerhouseenenergy.net
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