Powerhouse Enrgy Grp Appointment of Chief Technical Officer
25 Giugno 2021 - 8:00AM
UK Regulatory
TIDMPHE
25 June 2021
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
Appointment of Chief Technical Officer
Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from non-recyclable waste plastic, is
pleased to announce that the appointment of Paul Emmitt as Chief Technical
Officer with immediate effect. This is a new non-board position which has been
created in anticipation of David Ryan's forthcoming retirement as Chief
Executive Officer of Powerhouse on 30 June 2021.
Mr Emmitt is managing director and founder of Engsolve Limited ("Engsolve"),
the engineering consultancy with whom Powerhouse has worked very closely for
the last four years. In this capacity he has been deeply involved in the
development of Powerhouse's technology. Mr Emmitt has considerable knowledge of
both energy-from-waste technology and markets. He is currently involved in the
development of a number of EfW projects utilising a range of existing and
emerging technologies. He has been part of the development of the DMG® process
from the building and operation of the demonstration unit through to the
current position.
Mr Emmitt is a Chartered Materials Engineer and Chartered Environmental
Engineer with over twenty years engineering and operational management
experience both in the UK and overseas. He holds an MBA in Engineering
Management. His experience encompasses work in the oil, gas, energy-from-waste
and chemical industries as well as periods with major international companies
at levels from Engineer to Director. In all sectors he has been a designer as
well as a project and HSE manager.
Powerhouse will employ Mr Emmitt directly for two days a week, allowing him to
continue in his present role at Engsolve during the balance of his time. Mr
Emmitt will take over Mr Ryan's responsibilities for Powerhouse's technology
development programme, including all its design, research and project technical
assurance activities. He will also be responsible for the first application of
the Powerhouse technology at Protos and will work closely with the management
of Protos Plastics to Hydrogen No. 1 Limited, the SPV which is building the
first commercial scale DMG plant, to help achieve the timely completion of this
project.
Tim Yeo, Executive Chair of Powerhouse, said "I warmly welcome Paul's
appointment. His close and long-standing involvement with the development of
our technology makes him the ideal candidate for this important new post which
has been created to ensure that our technical and engineering team continues to
have strong leadership after David Ryan steps down from the board. Paul will
attend Powerhouse board meetings and will bring valuable knowledge and
experience to our discussions.
Paul Emmitt said: "I am delighted to be joining the Powerhouse team and am
thrilled to be able to continue to be part of the development of this unique
and pioneering technology. I look forward to working with the team to
facilitate the completion of the first commercial scale DMG® plant which will
bolster the UK's hydrogen economy."
-ENDS-
For more information, contact:
Powerhouse Energy Group plc Tel: +44 (0) 203 368 6399
Tim Yeo, Executive Chairman
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666
James Joyce/ Lydia Zychowska
Turner Pope Investments (TPI) Ltd (Joint Tel: +44 (0) 203 657 0050
Broker)
Andrew Thacker
SisterSmith PR (media enquiries)
Becca Smith Mob: +44 (0) 7766522305
Notes to Editors:
About Powerhouse Energy Group plc
Powerhouse 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 £500,000 in respect of each project which is commissioned.
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
END
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