PowerHouse Energy Group - Contracts for feedstock supply and power sales
PowerHouse Energy’s exclusive development partner Waste2Tricity (W2T) has signed a Memorandum of Understanding (MoU) with recycling company Advanced Sustainable Developments (ASD). ASD intends to open a PET plastics recycling facility at Peel Environmental’s Protos energy hub in Cheshire, which is where W2T intends to locate the first commercial scale waste-to-energy DMG system from PowerHouse. Under the terms of the MoU, the electricity generated by the DMG system will be fed into a private grid on the Protos site and supplied at a discount to current power market prices to ASD. In addition, ASD has agreed to supply the DMG unit with unrecyclable plastic for use as feedstock, paying a price for disposal that is significantly below current landfill prices.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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