REG-Powerhouse Enrgy Grp: Planning approved for second UK site

Powerhouse EnergyAnnouncement

09/06/2022 08:15

Powerhouse Energy Group plc

("Powerhouse" or the "Company")

9 June 2022

Planning approved for second UK site for Powerhouse technology

Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from plastic, is pleased to announce that
its UK channel partner Peel NRE, part of Peel L&P, has been granted planning
approval for a hydrogen facility in West Dunbartonshire, Scotland.

The £20m 13,500 tonne facility at the site at Rothesay Dock on the north bank
of the River  Clyde, will be the second site in the UK planning to use
Powerhouse’s technology to turn waste plastic into hydrogen. The hydrogen
will be used as a clean fuel for vehicles, with plans for a linked hydrogen
refuelling station on the site. It follows the UK Government doubling its
hydrogen production target by 2030 as part of the recently-published Energy
Security Strategy, so more clean and affordable energy can be produced in the
UK as energy prices continue to rise globally.

Planning approval for the Rothesey Dock site is an important early step in the
process of getting the facility built there. This is the second planned
facility, with the first to be delivered at Peel NRE’s Protos site in
Cheshire, as announced on 10 April 2019. Peel NRE has already been granted
planning approval for the Cheshire site, and intends to start construction
this year.

Richard Barker, Development Director at Peel NRE, said: “This is a fantastic
moment for West Dunbartonshire and Scotland. It shows how the UK is innovating
when it comes to rolling out new net zero technologies. The facility will
address the dual challenge of both tackling our problem plastic whilst
creating hydrogen, a sustainable fuel for future generations.

“Whilst the focus must remain on removing plastic from society, there are
still end of life plastics that need managing. The plant will play a pivotal
role in making the best use of non-recyclable material, with the resulting
hydrogen able to help cut carbon emissions from vehicles.”

Paul Drennan-Durose, Chief Executive Officer of Powerhouse, said: “The
consent for a second site is another substantive step for Powerhouse, as we
roll-out the process of commercialising our technology. We value the
opportunity of working alongside Peel NRE, and in supporting the Scottish and
UK governments in their missions to decarbonise communities and the
economy.”

Zero Waste Scotland estimates that around 500,000 tonnes of waste plastic are
produced in Scotland every year, with research undertaken by Anthesis, on
behalf of Peel NRE, showing that around 300,000 tonnes are within the central
belt of Scotland.

Peel NRE has signed a collaboration agreement with Powerhouse to develop 11
waste plastic to hydrogen facilities across the UK in the medium term, with
the option of exclusive rights for a total of 70 facilities. The North Clyde
facility is the second site to come forward under the collaboration agreement.

-ENDS-

For more information, contact:

 Powerhouse Energy Group plc                       Tel: +44 (0) 203 368 6399  Paul Drennan-Durose          
 WH Ireland Limited (Nominated Adviser)            Tel: +44 (0) 207 220 1666  James Joyce/Megan Liddell    
 Turner Pope Investments (TPI) Ltd (Joint Broker)  Tel: +44 (0) 203 657 0050  Andrew Thacker/James Pope    
 SisterSmith PR (media enquiries)                  Mob: +44 (0) 7766522305    Becca Smith                  

Notes to Editors:

About Powerhouse Energy Group plc

Powerhouse Energy has developed a proprietary process technology - DMG® -
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, and other
industrial products may be derived. Powerhouse’s technology is one of the
world's first proven, distributed, modular, hydrogen from waste process.

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.

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.co.uk

About Peel NRE

Peel NRE, part of Peel L&P, is at the heart of the nation’s activity around
clean growth and the circular economy – helping the UK achieve net zero by
2050 and supporting regions in their actions to achieve climate emergency
targets. 

We reuse, repurpose and re-energise natural resources to develop and maintain
vital infrastructure across the UK and are experts in renewable energies,
district heating, waste to value, water management, materials management and
electric vehicle charging.

Our Protos Cheshire energy and resource hub leads the way in low carbon energy
and waste management through innovative technologies including the UK’s
first plastic-to-hydrogen facility, a 50MW windfarm, a 26MW biomass plant, a
49MW energy from waste plant in construction and a plastic park blueprint to
revolutionise plastic recycling nationwide.

More about Peel NRE at www.peellandp.co.uk/peelnre

About Peel L&P

Peel L&P is an ambitious regeneration business which owns and manages 12
million sq ft of property and 20,000 acres of land and water across the UK,
with a total portfolio value of over £2.5 billion.

Established in 1972, it has generations of history, heritage and expertise and
is responsible for some of the most transformational projects in the country
including The Trafford Centre, Peel Waters’ MediaCity and Peel NRE’s
Protos energy and resource hub in Cheshire.

Other Peel Waters regeneration sites include Liverpool Waters, Wirral Waters,
Trafford Waters, Manchester Waters, Glasgow Waters and Chatham Waters with a
development pipeline of around 30,000 homes, 10 million sq ft of commercial
space and circa 160 acres of public realm over the next 20 to 25 years.

As part of The Peel Group, it strives to make a positive impact on people’s
lives and is a key partner in helping central and local Government tackle
unemployment, reach net zero carbon targets, solve the housing crisis and
level-up the country’s regions to improve the prosperity, climate resilience
and health and wellbeing of communities.

Peel L&P has accelerated its action towards addressing climate change and
biodiversity loss, and its five-year sustainability plan is aligned to the
United Nations Sustainable Development Goals. It was also the first company in
the UK to third party verify buildings as net zero carbon, as defined by the
UK Green Building Council.

Peel L&P’s specialisms include large-scale mixed-use regeneration schemes,
residential, retail, industrial and logistics, hospitality & leisure, and low
carbon energy development.



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