RCS - Powerhouse Energy Gp - Proposed collaboration agreement with Avioxx

Powerhouse EnergyAnnouncement

20/01/2025 07:00

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RNS Number : 8387T  Powerhouse Energy Group PLC  20 January 2025

 

20 January 2025

 

Powerhouse Energy Group Plc

("Powerhouse", "PHE" or the "Company")

 

Proposed collaboration agreement with Avioxx for the production of SAF

Powerhouse (AIM:PHE), a company pioneering integrated technology that converts
non-recyclable waste into low carbon energy together with a revenue generating
engineering consulting division (Engsolve), is pleased to announce that the
Company has agreed to collaborate  with Avioxx Ltd (www.avioxx.com
(http://www.avioxx.com) ) to integrate PHE's technology for its pilot scale
facility to produce 200 tonnes per annum of Sustainable Aviation Fuel ("SAF").
Avioxx, based in London and Cheshire, has developed a patented process to
produce SAF from non-recyclable wastes.

Under the proposed collaboration, PHE will work with Avioxx on its pilot scale
facility, Project Eden, which is expected to produce 200 tonnes per annum of
SAF.  The companies are currently investigating the potential of PHE
providing two 2.5 tonne per day gasification trains to supply the raw syngas
to feed the facility.  The 2.5 tonne per day units are based upon the
Powerhouse's Feedstock Testing Unit at the Company's Technical Centre in
Bridgend.  These units will be sold to Avioxx, with a potential service
agreement going forward between PHE and Avioxx.  The integration of the two
companies' patented technologies is illustrated in the 3D rendering shown in
the figure below.

 

 

PHE sees this as an important route to a lower carbon future and the Company's
patented DMG (Distributed Modular Generation) is ideal for the smaller scale
facilities and will allow its viability as a supplier of Syngas to large scale
SAF facilities to be assessed.

Project Eden is still in the development phase and more information about the
project and Avioxx can be found at
https://www.avioxx.co.uk/project-eden-200-TPA-modular-plant.html
(https://www.avioxx.co.uk/project-eden-200-TPA-modular-plant.html)

Details of the Powerhouse Energy Group DMG can be found at www.phegroup.com
(http://www.phegroup.com)

 

Paul Emmitt, Chief Executive Officer of Powerhouse, commented:

"We are delighted to be collaborating with Avioxx. This is a highly
significant development for the Company as it further shows the potential of
our technology and its adaptability to be able to service a wide number of
industries.  SAF has huge potential for us and is a sector that undoubtedly
can benefit from using our technology to provide cleaner fuels for the
aviation industry.

"We look forward to working with the Avioxx team in progressing Project Eden
and providing further updates in due course."

 

Chris Hancock, Chief Executive Officer of Avioxx, commented:

"Effectively harnessing the valuable molecules from waste is key to achieving
a genuine circular economy and delivering economical, sustainable fuel for the
aviation sector. We hope the Powerhouse technology will be the first, and most
important stage of the process to transform waste to highly valuable fuel.
Integration of electrochemistry allows us to dramatically improve the
production efficiency of the Jet A1 kerosine. It's great to be working with
Paul and the team."

 

For more information, contact:

Powerhouse Energy Group Plc

Paul Emmitt,
CEO
+44 (0) 203 368 6399

Strand Hanson Limited (Nominated & Financial Adviser)

Ritchie Balmer / James Harris / Rob
Patrick                         +44 (0) 207 409 3494

SP Angel Corporate Finance LLP (Broker)

Stuart Gledhill / Adam
Cowl
+44 (0) 20 3470 0470

Tavistock (Financial PR)

Simon Hudson / Nick Elwes / Saskia
Sizen                           +44 (0) 207 920 3150

powerhouse@tavistock.co.uk (mailto:powerhouse@tavistock.co.uk)

 

About Powerhouse Energy Group Plc

Powerhouse has developed a process technology which can utilise waste plastic,
end-of-life-tyres, and other waste streams to convert them efficiently and
economically into syngas from which valuable products such as chemical
precursors, hydrogen, electricity, heat and other industrial products may be
derived. PHE's process produces low levels of safe residues and requires a
small operating footprint, making it suitable for deployment at enterprise and
community level.

PHE also incorporates Engsolve Ltd, which is a revenue generating business
offering Engineering Services across all sectors, with speciality services in
the development of new technologies and clean energy.

For more information, see www.phegroup.com (http://www.phegroup.com)

 

About Avioxx

Avioxx is a UK-based clean energy company pioneering next-generation
sustainable aviation fuel production. With a patented solid oxide fuel cell
technology, Avioxx is committed to making SAF cost-competitive with
traditional jet fuel, reducing aviation emissions, and securing Britain's
energy independence.

For more information, see www.avioxx.com

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