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PowerHouse Energy PLC making progress with roll-out of its business model

The sustainable hydrogen company pioneering hydrogen production from waste plastic issued a progress report on its activities in the UK and Poland.

PowerHouse Energy Group PLC () identified 77 sites in the UK as potential locations for facilities using its waste-to-energy DMG technology.

In an update to the market, PowerHouse said the development of the UK pipeline will form the springboard for the international expansion of its business model.

The first overseas project is likely to be in Poland, following the non-binding heads of terms agreement signed last November with Hydrogen Utopia International (HUI).

READ Powerhouse Energy to team up with Hydrogen Utopia in Poland

The company intends to examine market conditions in other east and Central European countries later this year. As in the UK, where it has teamed with Peel L&P Environmental to develop a DMG plant at the Protos Energy Park in Cheshire, the plan will be to seek partners in these new geographies.

Regarding Protos, the company said its priority is to ensure the facility is commissioned and operational by the end of the first quarter of 2022.

“This is an exciting year for PowerHouse Energy as we focus on the Protos build and aim to see good progress of our technology in Poland. As we look ahead to the all-important United Nation’s Climate Change Conference of the Parties (COP26) in Glasgow later this year, we hope PowerHouse technology can be championed as a part of the solution to the world’s environmental challenges,” said Tim Yeo, the executive chairman of PowerHouse Energy.

Read More: PowerHouse Energy PLC making progress with roll-out of its business model

2021-03-23 02:40:00

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