Active Energy was established in March 2009 to manufacture and sell the VoltageMaster power optimiser as a solution for electricity and carbon reduction.

In September 2009, Active Energy was selected as a nominated supplier to the ESPO (Eastern Shire Purchasing Organisation) framework agreement for voltage optimisation equipment. This framework is open to the entire public sector.

During January 2010, Active Energy announced a strategic alliance with Southern Electrical Contracting (SEC), a subsidiary of Scottish and Southern. SEC selected VoltageMaster as the sole voltage optimiser to be offered to their customers. Active Energy has also been successful in winning a number of public sector tenders, most recently for the installation of VoltageMaster units in over fifty Ministry of Justice court houses throughout England.


There seems to be political wind supporting this company. Maybe they will come through financially too?

Interesting news release. It would be useful to know how this monetises but they are making good progress.

CoalSwitch plant to become fully operational this week.

Game changing. The future looks bright!

Up 25.76% today.

Nice. :-))

I hope there is a lot more to come!😊

Yes, nice move upwards. First time I've seen the award of options give such a boost to the price. :) Lot of US buying, I suspect.

Still moving up. May become the flavour of the month.

Already tasty!😊

£1 by Christmas...

Well, maybe 50p!😃

28 February 2018



Active Energy Group Plc ('Active Energy' or the 'Company')

Purchase Order with Young Living Farms



Active Energy, the London quoted international biomass based renewable energy and forestry management business, is pleased to announce that it has entered into an initial supply agreement with Young Living Farms ('YLF'), a leading agricultural company focused on essential oils production, for a new high value soil amendment product, utilising the Company's CoalSwitch™ process. This agreement marks a new revenue stream for the Company and also demonstrates the flexibility and commercial value of the Company's unique CoalSwitch™ process across multiple applications.



Overview:



· Agreement for YLF to supply Active Energy up to 6,500 tonnes of product, exploiting the Company's versatile CoalSwitch™ process at the Company's 's first commercial plant in Utah, United States;

· Feedstock for the process will be by-product from YLF's essential oil production - a waste stream for YLF, but a highly attractive feedstock for the CoalSwitch™ process;

· Product from CoalSwitch™ process will be used as a high value soil amendment product for the re-introduction to YLF's crop production cycle;

· Initial deliveries will begin in March 2018 for which the Company will receive payment on a per tonne basis;

· Agreement provides a foundation for a long-term relationship with YLF and the implementation of dedicated soil amendment plant to be installed on YLF's farm site at Mona, Utah in mid-2018; and

· Evaluation of roll out opportunities for additional soil amendment plants is being conducted with YLF, with three initial facilities located in the USA and Canada targeted.



Michael Rowan, Active Energy Non-Executive Chairman said, "The unique properties and applications of our CoalSwitch™ process is attracting significant attention from utility companies, government agencies and power plant operators. With today's announcement, we have expanded our commercial activity to the agricultural sector. Our unique process can be applied to target specific engineered soils, which remove potentially environmentally damaging waste streams and use this as feedstock. This engineered soil becomes an environmentally responsible alternative to the use of peat moss.



"We look forward to working closely with the YLF team over the coming months as we look to begin the wider roll out of dedicated soil amendment plants with further collaborations with YLF."

The first of many contracts hopefully!😊

The advantage of revenue bearing contracts is that it can likely finance growth through loans rather than going back to shareholders. Interest rates are still very low.

JV with Cobant signed in Poland.

Interesting. The equivalent of money for old rope.

AEG can probably utilise the old rope as well!

Looks like this is becoming a favourite share, Kim. I must admit, I like the concept. As I said before, contracts with good partners can always be financed and no doubt there are grants available from the EU for environmental improvement projects.

It could well be my share of the year Iturama! Bags of potential. CoalSwitch™ has taken 9 years to perfect so I don't think it is a flash in the pan. More of a roar in the power station maybe!😃

I have no idea when the result of the Rocky Mountain test will be published but it should be sooner rather than later! In the meantime a reminder of CoalSwitch™'s potential from test results at the University of Utah in, I think, 2016:-

The University of Utah reported on CoalSwitch’s technical and commercial viability for use a standalone fuel – or co-fired in high concentrations with coal in coal-fired power plants – and confirmed that it provides significant environmental and commercial advantages for industrial power generators.
The five-day testing process, at the university’s 100 kW combustor in its Industrial Combustion & Gasification Research Facility, recorded the energy output, flame stability and behaviour, furnace reaction, depositions (fouling and slagging) and emissions produced by CoalSwitch biomass fuel (in this case, derived from low-grade aspen/ poplar feedstock) during combustion. It includedreal-timeanalysisandinterpretation of its combustion, particle and deposition characteristics; and compared the results to those achieved with Illinois Number 6 coal (a typical feedstock used for industrial power generation in the US) and a CoalSwitch/Illinois coal 50/50 mix under the same test conditions.
The 50/50 blend was a much higher concentration of biomass material than it has previously been possible to use in existing coal-fired plants without causing significant slagging and fouling issues in their boilers.
The university confirmed the potential of CoalSwitch fuel for the power generation industry, and judged that it delivered significant financial and environmental benefits over current Biomass fuel solutions. Key findings included:
CoalSwitch fuel burned at near-identical temperatures to coal – 2170°F compared to 2220°F. This confirmed that it can be co-fired with coal in power plants without any hardware furnace modifications, that it produces an equivalent energy output, and can improve the efficiency at which the coal component of the blended feedstock burns.
CoalSwitch fuel burned more efficiently than coal, and produced far less ash.
The ash content in CoalSwitch was 1.69%, compared to 9.42% for the pure coal. The carbon content within that ash was the same for both fuels but there was a 40-55% reduction from the CoalSwitch/coal blend in the ‘staged’ combustion conditions typically used in industrial power plant boilers to control NOx emissions.
CoalSwitch fuel burned cleaner than coal, and when co-fired with coal generated less sulphur dioxide than the coal alone. In addition the CoalSwitch fuel was essentially free of both potassium and sodium, so there would be little fouling, and showed coal-like levels of particulates except for a much lower level of ultrafine particles. However, there was a noticeable reduction in ultrafine particles with the CoalSwitch/coal blend, likely due to the reduction in sulphur levels. Together, these properties demonstrated that the fuel can significantly outperform existing biomass fuels in terms of slagging and fouling, and can reduce the impact of coal in a fuel mix that contains it.