Powerhouse Energy Group (PHE)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

 1.10p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.00p
  • 52 Week Low: 0.25p
  • Currency: UK Pounds
  • Shares Issued: 4,196.65m
  • Volume: 4,859,479
  • Market Cap: £46.16m

PowerHouse reaches first milestone in waste-to-energy design

By Iain Gilbert

Date: Wednesday 22 Nov 2017

LONDON (ShareCast) - (ShareCast News) - Waste-to-hydrogen production firm PowerHouse Energy has completed the pre-front-end engineering and design (pre-FEED) stage of its distributed modular gasification (DMG) system, marking the first major milestone in the design of the product.
PowerHouse said the pre-FEED engineering, completed in conjunction with British firm Engsolve, had "validated" the company's DMG technology and its ability to produce commercial quantities of high-grade synthesis gas (syngas) for use as a fuel.

The group was set to begin the basic engineering and front-end design and engineering (FEED) programmes and would be finalising vendors for various components of the DMG system.

PowerHouse claimed DMG was a compact and scalable system with the potential to recover as much as 97% of energy in multiple waste sources, such as used tyres, plastics, and other industrial and municipal wastes, with negligible greenhouse gas emissions.

Keith Allaun, chief executive of Powerhouse Energy, said, "The completed pre-FEED work will inform every subsequent step in our commercial design and will ensure that we're able to maintain the pace of delivery of the DMG system," he added.

As of 0850 GMT, shares had advanced 15.87% to 0.898p.

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PHE Market Data

Currency UK Pounds
Share Price 1.10p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.00p
52 Week Low 0.25p
Volume 4,859,479
Shares Issued 4,196.65m
Market Cap £46.16m

PHE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.14% below the market average49.14% below the market average49.14% below the market average49.14% below the market average49.14% below the market average
67.38% below the sector average67.38% below the sector average67.38% below the sector average67.38% below the sector average67.38% below the sector average
Price Trend
55.30% above the market average55.30% above the market average55.30% above the market average55.30% above the market average55.30% above the market average
50.94% above the sector average50.94% above the sector average50.94% above the sector average50.94% above the sector average50.94% above the sector average
Income Not Available
Growth
29.65% below the market average29.65% below the market average29.65% below the market average29.65% below the market average29.65% below the market average
30.74% below the sector average30.74% below the sector average30.74% below the sector average30.74% below the sector average30.74% below the sector average

PHE Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:23 123,207 @ 1.13p
15:16 121,326 @ 1.03p
14:20 26,000 @ 1.09p
14:17 1,090,153 @ 1.10p
14:10 43,774 @ 1.03p

PHE Key Personnel

CEO Paul Emmitt
CFO Ben Scott Brier

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