REG-Powerhouse Enrgy Grp: Directorate Change

Powerhouse EnergyAnnouncement

18/12/2020 07:05

18(th) December 2020

Powerhouse Energy Group plc

Directorate Change

Powerhouse Energy Group plc (AIM: PHE) ("Powerhouse" or the "Company"), the
sustainable hydrogen company, is pleased to announce the appointment of Mark
Berry to the Board as a non-executive director of the Company with immediate
effect.

Mark Berry is a Partner at Norton Rose Fulbright LLP. Mark specialises in the
project financing of energy, infrastructure and process engineering projects.
He has particular expertise in the waste to energy (including materials
recovery and fuel recovery from waste), transport and mining sectors. Mark's
experience includes advising on a number of project financed waste and waste
to energy schemes including PFI and merchant/commercial projects. He is also a
Chartered Engineer and a member of the Chartered Institution of Building
Services Engineers.

On joining the Board of Powerhouse Mark Berry said: 

“I’m pleased to be joining the Board in order to support the Company as it
develops the first DMG project. This is particularly exciting at a time when
hydrogen and plastics are attracting global attention in terms of a solution
to a problem.”

Tim Yeo, Chairman of Powerhouse, said:

“We are pleased to be strengthening our Board as we approach the most
important year in Powerhouse’s history, with the commercialisation of our
clean technology. Mark’s experience in waste and waste to energy schemes
will help to strengthen our Board and we look forward to working with Mark
over what is set to be, an exciting number of years for Powerhouse.”

2021 will see the first commercial use of Powerhouse’s clean technology at a
local level, providing a closed loop solution for non-recyclable plastic
waste, whilst producing hydrogen fuel at the UK’s first Plastic Park located
near Ellesmere Port, Cheshire.

Powerhouse and Peel L&P Environmental are collaborating to develop 11 waste
plastic to hydrogen facilities across the UK.  These Plastic Parks will
revolutionise the way that plastic waste is currently handled. The parks could
provide a complete solution for the 4.9 million tonnes of plastic waste
generated in the UK each year, preventing it ending up in landfill or the
ocean.  

Powerhouse technology is a UK first which will help accelerate the clean
energy transition, helping drive the hydrogen revolution and improve air
quality by replacing diesel with hydrogen as a transport fuel.

Further regulatory disclosures:

Other than as disclosed below, there are no further disclosures to be made in
accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules
for Companies:

Name: Mark Berry age 56

Mark Berry does not hold any shares in the Company.

Current directorships/ partnerships: Partner Norton Rose Fulbright LLP

ENDS

For more information, contact:

 Powerhouse Energy Group plc                                 Tel: +44 (0) 203 368 6399                          
 Tim Yeo, Executive Chairman                                                                                    
                                                                                                                
 WH Ireland Limited (Nominated Adviser)                      Tel: +44 (0) 207 220 1666                          
 James Joyce / Lydia Zychowska                                                                                  
                                                                                                                
 Turner Pope Investments Ltd (Joint Broker)                  Tel: +44 (0) 203 657 0050                          
 Andrew Thacker                                                                                                 
                                                                                                                
 Ikon Associates (media enquiries)                           Tel: +44 (0) 1483 271291                           
 Adrian Shaw   SisterSmith PR (media enquiries) Becca Smith  Mob: +44 (0) 7979 900733  Mob: +44 (0) 7766522305  

Notes for editors:

About Powerhouse Energy Group plc

Powerhouse, the sustainable hydrogen company, has developed a proprietary
process technology - DMG® - 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® process can generate up to 2 tonnes of road-fuel quality
hydrogen and more than 58MWh of exportable electricity per day. 

Powerhouse's process produces low levels of safe residues and requires a small
operating footprint, making it suitable for deployment at enterprise and
community level. As announced on 11th February 2020 under its Supplemental
Agreement with Peel Environmental, Powerhouse will receive an annual license
fee of GBP500,000 in respect of each project which is commissioned. 

Powerhouse is quoted on the London Stock Exchange's AIM Market under the
ticker: PHE and is incorporated in the United Kingdom. 

 For more information see www.powerhouseenergy.net



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