Progress on advance towards hydrogen purification

PowerHouse Energy Group plc (AIM: PHE), the company focused on ultra-high temperature waste-to-hydrogen and waste-to-energy systems, and the creator of DMG©, Distributed Modular Gasification, is pleased to announce that it has confirmed with several multi-national suppliers of hydrogen clean-up and purification equipment and hydrogen (the “Suppliers”) that, based upon independent third-party laboratory analysis, the Suppliers’ equipment would allow Powerhouse’s DMG© system to achieve the delivery of 99.999% pure hydrogen.

Having recently had its synthesis gas fully analysed by an independent third-party laboratory and having forwarded the results to a supplier, PowerHouse has reached an initial agreement in principal, subject to minor engineering detail and finalisation of commercial arrangements, that one of the Suppliers is prepared to provide its proprietary small-scale Pressure Swing Adsorption (“PSA”) equipment to separate and clean up the hydrogen within the syngas to road-fuel quality hydrogen. Should the Supplier be selected to provide its equipment, it is prepared to guarantee and warrant the performance of the equipment.

Keith Allaun, Chief Executive Officer of Powerhouse, commented:

“Achieving this confirmation was a pre-requisite for PowerHouse to accelerate its commercial discussions with industrial transportation and other hydrogen road-fuel users. It is a key component of our commercial plan – and l within our stated budget – and further underscores our intention to become one of the first waste-to-hydrogen road-fuel companies.

Our successfully demonstrated and tested DMG© technology – for the conversion of waste plastic, end-of-life tyres, and other industrial and municipal waste materials – is the enabling mechanism that we believe will allow the roll out of distributed hydrogen production and carbon-neutral hydrogen refueling stations in the UK and in a number of countries around the world.”

wonderfull on my watch list long time, we all want it, still no profit for me to long BB

have not held PHE considering? i see more money wanted to keep afloat, last time
raised 2.5m @ .008 i would pay .009 possibly on next results. BB

BB - the last placing was at 1p?

From the 27th September results :-

* Additional GBP1.6m raised in August via a placing of new ordinary shares at
1.0p

AGM Statement