Significant milestone reached in Munich

RNS Number : 1325L

Powerhouse Energy Group PLC

27 July 2011

 

27 July 2011

PowerHouse Energy Group plc

("PowerHouse", the "Group" or the "Company")

             SIGNIFICANT MILESTONE REACHED AS PYROMEX WASTE-TO-ENERGY

                         PLANT PRODUCES SYNGAS IN MUNICH, GERMANY

            Key operational milestone moves focus to contracted sales

PowerHouse Energy Group plc, (AIM: PHE) an alternative energy business specialising in the sale of zero-emission waste to energy equipment systems, announces the successful generation of syngas from the 25 ton per day Pyromex zero emission, ultra-high temperature gasification (UHTG) plant in Munich, Germany. PowerHouse expects the completion of this first commercial facility will lead to the finalisation of the four sales it already has under contract as well as advancing several prospective sales in the near future.

PowerHouse secured its manufacturing and marketing licence for this technology from Pyromex AG ("Pyromex"), a Swiss company in which the Company has a 30 per cent. interest, in 2010. 

The Pyromex plant, which is located at a commercial waste transfer station close to Munich International Airport, is the result of a twelve year, multi-million dollar development programme and is scheduled to be commissioned for full commercial operation following a trial operation period, envisaged to be completed in the next three months.

Thereafter, it is intended that the 25 ton per day UHTG reactor will be fitted with a reciprocating engine-generator unit and as a consequence will supply 1.3MW of electrical power to the main electricity grid, an important further operational milestone.

The Pyromex system uses feedstock from municipal waste (refuse derived fuel) and converts the waste to synthesized gas ("syngas") with no emissions or harmful residues. Syngas can be used as fuel to drive an engine or turbine for electrical power generation, or through a subsequent process, it can be reformed as a cleaner diesel or jet fuel.

The completion of this first commercial facility will also allow PowerHouse to implement a computer modelling program enabling the Company to predict the available energy value from a wide range of waste materials and develop optimisation protocols for future waste to energy systems.

Ross Lyndon-James, Executive Chairman of Powerhouse Energy Group plc, commented:

"This is a valuable commercial milestone for Pyromex, PowerHouse and the waste to energy industry as a whole. It not only enables the Company to realise new sales contracts that are contingent on commercial scale operations but also it's an important step towards the Company's future prosperity."         

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For additional information please contact:

PowerHouse Energy Group plc

Ross Lyndon-James
2nd Floor, Berkeley Square House
Berkeley Square
London W1J 6BD, UK
Ph: [phone]
Fax: [phone]
Email: [e-mail]

Merchant Securities Limited (NOMAD and Broker)

David Worlidge/Simon Clements

[phone]

Pelham Bell Pottinger

Nick Lambert / Jenny Renton

[phone]

Notes to Editors:

·     PowerHouse Energy Group plc is a leading provider of economically proven, on-site clean energy systems that use traditional and renewable forms of fuel to generate electric and thermal energy in an environmentally responsible way.

·     The Company's forward development strategy includes the conversion of waste, coal and coal waste to cleaner liquid fuels including diesel and jet fuels.

·     PowerHouse offers a complete turnkey waste/biomass to energy equipment solution either by: direct sale or energy supply under long term power purchase agreements

·     PowerHouse's shares trade on the Alternative Investment Market under the ticker (PHE)

 

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