Initiation: Ready, steady, GO
In August 2013, PowerHouse Energy Group acquired the outstanding stake in Pyromex Holding AG, thus securing control of an ultra-high temperature gasification (UHTG) technology for converting waste material to energy. This technology has been extensively tested and the pilot site is expected to begin commercial operation by the end of FY14, subject to ongoing funding being secured. Cash from gasification operations and the first equipment sales, expected during FY15, will enable the group to expand its gasification capacity. We estimate that 10 50tpd reactors would generate revenues of between $47m and $72m annually from electricity sales, representing $35m to $59m incremental operating profit.Powerhouse Energy Group is engaged in the development of the PHE G3-UHt Waste-to-Energy System in order to achieve its full commercial roll-out. The system's gasification reactor converts waste materials such as non-recyclable plastic, biomass, and other waste streams into a synthesis gas composed primarily of hydrogen and carbon monoxide.
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