20 January 2025
Powerhouse Energy Group
Plc
("Powerhouse", "PHE" or the "Company")
Proposed collaboration
agreement with Avioxx for the production of SAF
Powerhouse (AIM:PHE), a company
pioneering integrated technology that converts non-recyclable waste
into low carbon energy together with a revenue generating
engineering consulting division (Engsolve), is pleased to announce
that the Company has agreed to collaborate with Avioxx Ltd
(www.avioxx.com) to integrate PHE's technology for its pilot scale facility to
produce 200 tonnes per annum of Sustainable Aviation Fuel ("SAF").
Avioxx, based in London and Cheshire, has developed a patented
process to produce SAF from non-recyclable wastes.
Under the proposed collaboration,
PHE will work with Avioxx on its pilot scale facility, Project
Eden, which is expected to produce 200 tonnes per annum of
SAF. The companies are currently investigating the potential
of PHE providing two 2.5 tonne per day gasification trains to
supply the raw syngas to feed the facility. The 2.5 tonne per
day units are based upon the Powerhouse's Feedstock Testing Unit at
the Company's Technical Centre in Bridgend. These units will
be sold to Avioxx, with a potential service agreement going forward
between PHE and Avioxx. The integration of the two companies'
patented technologies is illustrated in the 3D rendering shown in
the figure below.
PHE sees this as an important route
to a lower carbon future and the Company's patented DMG
(Distributed Modular Generation) is ideal for the smaller scale
facilities and will allow its viability as a supplier of Syngas to
large scale SAF facilities to be assessed.
Project Eden is still in the
development phase and more information about the project and Avioxx
can be found at https://www.avioxx.co.uk/project-eden-200-TPA-modular-plant.html
Details of the Powerhouse Energy
Group DMG can be found at www.phegroup.com
Paul
Emmitt, Chief Executive Officer of Powerhouse,
commented:
"We are delighted to be collaborating with Avioxx. This is a
highly significant development for the Company as it further shows
the potential of our technology and its adaptability to be able to
service a wide number of industries. SAF has huge potential
for us and is a sector that undoubtedly can benefit from using our
technology to provide cleaner fuels for the aviation
industry.
"We look forward to working with the Avioxx team in
progressing Project Eden and providing further updates in due
course."
Chris Hancock, Chief Executive Officer of Avioxx,
commented:
"Effectively harnessing the valuable molecules from waste is
key to achieving a genuine circular economy and delivering
economical, sustainable fuel for the aviation sector. We hope the
Powerhouse technology will be the first, and most important stage
of the process to transform waste to highly valuable fuel.
Integration of electrochemistry allows us to dramatically improve
the production efficiency of the Jet A1 kerosine. It's great to be
working with Paul and the team."
For
more information, contact:
Powerhouse Energy Group Plc
Paul Emmitt,
CEO
+44 (0) 203 368 6399
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Harris / Rob
Patrick
+44 (0) 207 409 3494
SP
Angel Corporate Finance LLP (Broker)
Stuart Gledhill / Adam
Cowl
+44 (0) 20 3470 0470
Tavistock (Financial
PR)
Simon Hudson / Nick Elwes / Saskia
Sizen
+44 (0) 207 920 3150
powerhouse@tavistock.co.uk
About Powerhouse Energy Group Plc
Powerhouse 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. PHE's process produces low levels of safe
residues and requires a small operating footprint, making it
suitable for deployment at enterprise and community
level.
PHE also incorporates Engsolve Ltd,
which is a revenue generating business offering Engineering
Services across all sectors, with speciality services in the
development of new technologies and clean energy.
For more information, see
www.phegroup.com
About Avioxx
Avioxx is a UK-based clean energy
company pioneering next-generation sustainable aviation fuel
production. With a patented solid oxide fuel cell technology,
Avioxx is committed to making SAF cost-competitive with traditional
jet fuel, reducing aviation emissions, and securing Britain's
energy independence.
For more information, see
www.avioxx.com
