PowerHouse Energy jigsaw is coming together

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  • Powerhouse Energy says second hydrogen plant using will be on banks of River Clyde
  • PowerHouse Energy Group accept loan deal to advance Protos plant ‘as showcase to the world’
Powerhouse Energy Group PLC -

Quick facts: Powerhouse Energy Group PLC

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Powerhouse has developed a proprietary process technology – DMG(R) – 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(R) process can generate up to 2 tonnes of road-fuel quality hydrogen and more than 58MWh of exportable electricity per day.

01 Jun 2021

() said a second site using its waste plastic to hydrogen technology is to be developed by its partner, Peel L&P.

Peel NRE, part of Peel L&P, is to develop the facility at the Rothesay Dock on the north bank of the River Clyde in West Dunbartonshire.

The 13,500-tonne facility will be the second in the UK to use pioneering DMG technology developed by Powerhouse, after plans for a similar facility at Peel NRE’s Protos site in Cheshire were approved in 2019.

“We are delighted Powerhouse technology is to be deployed in Scotland, helping the region improve air quality and provide a solution to end-of-life plastic. This new facility will play an important role in supporting the objective of both Holyrood and Westminster to make hydrogen a key element of Scotland’s decarbonisation strategy,” said Tim Yeo, the executive chairman of Powerhouse.

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12 May 2021

() said it has signed a loan agreement to provide up to GBP3.8mln to Protos Plastics to progress the development of the Protos plant, the first proposed commercial application of the company’s DMG waste plastic to hydrogen technology.

Under the deal, AIM-listed Powerhouse said the loan facility will be used to secure long lead time items and project design services in respect of the Protos project, prior to securing long-term debt funding arrangements.

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10 May 2021

() said its relationship with Hydrogen Utopia International (HUI) could be extended beyond Poland to include Greece and Hungary.

HUI, which is looking at deploying Powerhouse’s waste-to-energy DMG technology in Poland, has expressed an interest in broadening the relationship.

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13 May 2021

‘s () Tim Yeo talks to Proactive London’s Katie Pilbeam with an update on the development at Protos and how it will be used to ‘showcase to the world’.

He explains the rationale behind entering a loan agreement to provide up to GBP3.8 mln to secure long lead time items and project design services in respect of the Protos project prior to securing long-term debt funding arrangements.

With further expansion in Europe, following an agreement for a rollout in Poland and most recently an an agreement to rollout the DMG technology in Greece and Hungary, Yeo is confident their global mission is on track.

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PowerHouse Energy Group accept loan deal to advance Protos plant ‘as…

Powerhouse Energy Group PLC’s (LON:PHE) Tim Yeo talks to Proactive London’s Katie Pilbeam with an update on the development at Protos and how it will be used to ‘showcase to the world’.

He explains the rationale behind entering a loan agreement to provide up to GBP3.8 mln to secure long lead…

2 weeks, 5 days ago

4 min read

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