REG - Powerhouse Enrgy Grp - Planning Application Update

Powerhouse EnergyAnnouncement

11/11/2022 16:15

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RNS Number : 2023G  Powerhouse Energy Group PLC  11 November 2022

 

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ANNOUNCEMENT.

 

11(th) November 2022

 

Powerhouse Energy Group Plc

 (the "Company" or "PHE")

 

Planning Application Update

 

Powerhouse Energy Group Plc (AIM: PHE), a company pioneering integrated
technology that converts non-recyclable waste into low carbon energy reports
that a planning recorder has been appointed by the Scottish Government to
review the planning permission granted for a hydrogen production facility at
Rothesay Dock, West Dumbarton, as reported by PHE on 9 June 2022. The planning
application was granted on the site owned by Peel Group, PHE's development
partner.

 

The recorder has been asked to consider the Scottish Government's position of
no support for the development of further municipal waste incineration
capacity in Scotland, how the development relates to the waste hierarchy, the
deposit return scheme, and a number of other matters related to the source of
waste, incineration of the waste and use of the hydrogen produced.

 

It should be noted that the PHE DMGâ technology uses advanced conversion
technologies known as pyrolysis and gasification and does not burn the waste
feedstock.

 

Keith Riley, Interim Chairman and Acting Chief Executive Officer of PHE,
commented:

 

"This is what is referred to as a "call-in" of the planning permission
obtained by Peel. It is not yet known what the process will be from hereon.
Any delay to implementation of the permission that this will cause will not
impact the immediate business of PHE. Indeed, presents an excellent
opportunity to clear up what is a lack of clarity in the regulations
concerning the thermal treatment of wastes that use advanced thermal
treatments to produce a synthetic gas from which other products are made.

 

"The call-in is related to the Scottish Government's moratorium on
incineration and as such the Rothesay Dock facility stands to serve as a test
case in Scotland and possibly elsewhere. The laws and regulations governing
thermal treatments of wastes are more or less the same throughout the UK and
across Europe. In law, a thermal process that treats waste of any sort is
referred to as an "incinerator", whether it burns that waste or not. The PHE
DMGâ does not burn the plastic waste, but instead converts it into another
form - ie syngas and hydrogen - whilst at the same time removing some of the
carbon in the waste instead of emitting it as carbon dioxide. This distinction
is not properly considered under current regulations and a formal examination
of the situation would help clear future regulation of these processes and
give recognition to how what PHE is doing aids recycling and helps achieve a
circular economy.

 

"If requested, the Company will assist Peel in the provision of any evidence
that may be required to support the case that the planning permission should
be upheld."

 

For more information, contact:

 

 Powerhouse Energy Group plc                       powerhouse@tavistock.co.uk (mailto:powerhouse@tavistock.co.uk)

 Keith Riley

 WH Ireland Limited (Nominated Adviser)            +44 (0) 207 220 1666

 James Joyce

 Enzo Aliaj

 Turner Pope Investments (TPI) Ltd (Joint Broker)  +44 (0) 203 657 0050

 Andrew Thacker

 James Pope

 Tavistock (Financial PR)                          powerhouse@tavistock.co.uk (mailto:powerhouse@tavistock.co.uk)

 Simon Hudson

 Nick Elwes

 Heather Armstrong

 

 

About Powerhouse Energy Group plc

Powerhouse Energy 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.

 

Powerhouse Energy's process produces low levels of safe residues and requires
a small operating footprint, making it suitable for deployment at enterprise
and community level.

 

Powerhouse Energy 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.co.uk
(http://www.powerhouseenergy.co.uk)

 

 

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