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?

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.

http://www.moneyam.com/action/news/showArticle?id=5974372

A step in the right direction!

No news from the Rocky Mountain Power test but I have a feeling that it is about to be pushed aside as AEG will be getting more than enough to do without an immediate contract from them. The latest RNS's show considerable promise.

http://www.moneyam.com/action/news/showArticle?id=6005805

http://www.moneyam.com/action/news/showArticle?id=6009631

Are you still with this Kim?

https://www.moneyam.com/action/news/showArticle?id=6211605

Yes I am. I'm being very patient with it!😃 Hopefully there will be some more positivity in the not too distant future!

The management needs to learn how to release good news. Two announcements in one RNS does not have the same impact as two separate announcements. Ricketty of VRS would have made a dozen RNS releases and multiple tweets with that news, starting with the first non binding mou's.

Rickety would have wet himself with excitement at the prospect of income!😃

Shhh... income is a dirty word in the graphene business. They judge themselves by not being as bad as the other.

🤣

After a week of confusion, suspension, denial and counter denial everything is back on track. I hope!

Restoration of Trading and Grant of Commercial Timber Permits

Active Energy, the London quoted international biomass based renewable energy and forestry management business, announces that further to its announcements of 19 November 2018 and 22 November 2018, trading in the Company's ordinary shares on AIM will resume with effect from 1:30p.m. today (Monday 26 November 2018).

The Board of Active Energy confirms that its subsidiary, Timberlands International ('Timberlands International') through its local operating company Timberlands International (Newfoundland and Labrador) Inc ('Timberlands Newfoundland'), was formally issued two five-year Commercial Timber Permits ('CTPs') for Forestry Management Areas 17 and 18 by the Ministry of Fisheries and Land Resources of the Crown Province of Newfoundland and Labrador (the 'Ministry') on Friday 23 November 2018. The CTPs are issued with a five-year revolving renewal facility relating to a total Annual Allowable Cut ('AAC') of 100,000 cubic metres per annum, which equates to 500,000 cubic metres over five years. In addition, the CTPs specify certain standard conditions including the species, class and volume of timber that may be cut and the locations from where such timber may be cut.

The Ministry had approval to grant the CTPs on 16 November 2018. At that time, Timberlands Newfoundland had not been granted the CTPs as their issue was still subject to the formal acceptance by Timberlands Newfoundland of certain standard conditions relating to the CTPs. Following meetings between representatives of the Company and the Ministry last week, the details relating to the formal grant of the CTPs (including acceptance of the standard permit conditions) were then finalised on Friday 23 November 2018.

Active Energy Chief Executive Officer, Michael Rowan, said, "The Board of Active Energy is delighted with this outcome and we are looking forward to working with the Ministry in Newfoundland. Further announcements will be made as appropriate."

The official confirmation etc:-

Fisheries and Land Resources
November 29, 2018

Provincial Government Committed to Revitalizing Forest Sector on Great Northern Peninsula

The Honourable Gerry Byrne, Minister of Fisheries and Land Resources, and the Honourable Christopher Mitchelmore, Minister of Tourism, Culture, Industry and Innovation and MHA for St. Barbe - L’Anse aux Meadows, provided details today on a new biofuel plant that will help revitalize the forest industry on the Great Northern Peninsula.

The Provincial Government has issued two five-year commercial cutting permits to Timberlands International (Newfoundland and Labrador) Inc., a subsidiary of Active Energy Group (AEG) Plc., totalling 100,000 m3 annually (500,000 m3 over five years) in Forest Management Districts 17 and 18 on the Great Northern Peninsula.

The permits will support operation of a $19.7 million-wood pellet plant to be constructed in Hawke’s Bay. All funding for the proposed plant will be provided by AEG’s external investors.

A condition of the cutting permits is that 25 per cent of the harvest be made available to commercial sawmillers for first right of refusal. Wood fibre requirements of 148,000 m3 would be provided via the cutting permits and by purchase from existing forest operators.

The proposed plant will produce 55,000-65,000 metric tonnes of CoalSwitch wood pellets per year for export to Poland through the local port. The company has an agreement with Cobant, a Polish research, development and coal recovery/production company, to provide wood pellets to supplement coal use in Poland’s residential heating market.

The project is expected to create at least 25 full-time positions associated with plant operations, and 30-50 positions in harvesting and trucking.

Support for this project delivers on commitments in The Way Forward to strengthen the province’s economic foundation. The Way Forward outlines all actions the Provincial Government is taking to achieve a strong, diversified province with a high standard of living, and can be viewed at thewayforward.gov.nl.ca.

Quotes
“As part of the Way Forward, the Provincial Government has made a commitment to increase timber allocations and harvest levels by 20 per cent by 2020, and to work with industry to build partnerships and identify innovative ways to best utilize Newfoundland and Labrador’s forest resource. By issuing these permits, we are on the path to revitalizing the Great Northern Peninsula’s rich and storied industry and the treasured resource that sustains it to support a better future for Newfoundland and Labrador.”
Honourable Gerry Byrne
Minster of Fisheries and Land Resources

“This marks the beginning of exciting times for the Great Northern Peninsula. As Timberland’s plan unfolds, with it will come jobs and investment that will benefit communities in our region and the province. I look forward to a productive relationship with the company and continuing to support and attract sustainable investment that will provide the Great Northern Peninsula with long-term benefits.”
Honourable Christopher Mitchelmore
Minister of Tourism, Culture, Industry and Innovation and MHA for St. Barbe - L’Anse aux Meadows

"This agreement is a significant achievement for the company and for the Province of Newfoundland and Labrador, and will reap rewards for all parties in the years to come. We look forward to becoming part of the community on the Great Northern Peninsula and working with stakeholders to provide positive economic opportunities as we rebuild this important industry together.”
Richard Spinks
Managing Director, Timberlands International Ltd.