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
Keith Allaun, Chief Executive Officer |
Tel: +44 (0) 203 368 6399 |
WH Ireland Limited (Nominated Adviser)
James Joyce / James Bavister |
Tel: +44 (0) 207 220 1666 |
Turner Pope Investments Ltd (Broker)
Ben Turner / James Pope |
Tel: +44 (0) 203 621 4120 |
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