Powerhouse Energy Group PLC

LSE:PHE

PowerHouse Energy Group Plc designs, delivers and licenses plastic regeneration processes to generate clean energy. The company is headquartered in Bingley, West Yorkshire and currently employs 6 full-time employees. The company went IPO on 2000-07-04. The firm is engaged in the business of hydrogen production from waste plastic and used tires. DMG technology is hydrogen from the waste process and it produces low levels of safe residues. The Distributed Modular Generation technology utilizes waste plastic, end-of-life tires, and other waste streams and converts them into syngas from products, such as chemical precursors, hydrogen, electricity and other industrial products. The firm licenses the DMG control systems with associated paid services for specific client feedstock analysis and laboratory services, engineering during project development, and then operational support services. The DMG process can generate up to two tons of road-fuel quality hydrogen and more than 58 megawatt-hours (MWh) of exportable electricity per day.