AEG Active Energy Group

Life Cycle Analysis Confirms Environmental Superiority of CoalSwitch® Reduces CO2 Emissions by 99% Relative to Coal and 97% Relative to Natural Gas

Life Cycle Analysis Confirms Environmental Superiority of CoalSwitch® Reduces CO2 Emissions by 99% Relative to Coal and 97% Relative to Natural Gas

As a “drop-in” feedstock, CoalSwitch can instantly help power plants and other industries that rely on coal-fired boilers reduce emissions associated with use

ASHLAND, Maine, June 28, 2022 (GLOBE NEWSWIRE) -- A Life Cycle Assessment of CoalSwitch®, shows the pellet made from lumbermill waste by (AIM:AEG), reduces CO2 emissions by 99 percent relative to coal and 97 percent relative to natural gas. The report was produced by , an independent business and environmental consulting firm, based in California, specializing in life cycle analysis of fuel production pathways.

“This Life Cycle Associates analysis provides significant independent confirmation of the reduced greenhouse gas emissions incurred in the production of CoalSwitch®,” said Michael Rowan, CEO of Active Energy Group. “These conclusions provide much needed data to prospective customers of CoalSwitch® who have asked for this information from AEG in recent months. We can now confirm CoalSwitch® is not only sustainably sourced, but also provides significant performance improvements in greenhouse gas emissions as compared to coal and natural gas. CoalSwitch® continues to demonstrate that in addressing immediate environmental concerns, it is the next generation biomass fuel. At a time when the world is seeking not just a stable energy supply, but a sustainable one, CoalSwitch® is well-positioned to become a fuel of choice.”

Life Cycle Basis Includes Upstream and Downstream Analysis

The comprehensive life cycle analysis of greenhouse gas (GHG) emissions for woody biomass includes emissions associated with feedstock collection/production and transportation, the production of process fuels, the delivery of the product to the power plant, and the burning the fuels. Upstream emissions included natural gas feedstock extraction, processing and transmission as well as imported grid power. Downstream emissions consisted of transport and distribution emissions from delivering wood pellets to the market. It also considered that wood pellets are made from lumbermill waste and forest residue that would otherwise generate GHGs either through the process of decomposition or burning.

CoalSwitch® heating value is equivalent to Coal and better than White Pellets

In early 2022, AEG received positive that demonstrated CoalSwitch® burns cleaner and produces fewer pollutants than coal while also outperforming other white pellets. The testing was conducted in Utah as part of the STEP Program by Brigham Young University, Rocky Mountain Power (a subsidiary of PacifiCorp), the University of Utah, Chalmers University of Technology and Reaction Engineering International. The program was funded independently through Rocky Mountain Power’s Sustainable Transportation and Energy Plan (the “STEP Program”).

Sustainably-Sourced

In May 2022, AEG also achieved that are compliant with Forest Stewardship Council® (FSC) standards for its CoalSwitch fuel. The process of attaining this FSC certification has included rigorous audits by the independent accredited certification body SCS Global Services. These audits examine the full CoalSwitch® production process, encompassing the entire supply chain from feedstock source to final production of fuel. Active Energy’s certification to these FSC standards confirms that the production of CoalSwitch® will use forest-based materials from responsible sources and that the Company’s suppliers have committed to the strictest standards currently governing forest management.

About Active Energy Group:

Active Energy Group plc is a London listed (AIM: AEG) renewable energy company that has developed a proprietary technology which transforms waste biomass into renewable energy.  Its patented product CoalSwitch® is a leading drop-in biomass feedstock that can co-fire with coal or replace up to 100 percent of the coal in power generation and heavy industry activities without requiring plant cap-ex modifications. More information is available at .

FSC License Code: FSC-C175386



Media Relations Contact
John Williams, Scoville PR for AEG
206-660-5503,  
EN
28/06/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Active Energy Group

 PRESS RELEASE

Active Energy Appoints Proven Biomass Energy Innovation Leader as Chie...

Active Energy Appoints Proven Biomass Energy Innovation Leader as Chief Technology Officer Barron Hewetson, Ph.D., former Director of Innovation and Product Management at Enviva will lead Active Energy’s product and technology expansion to further improve operations, create new products and develop new markets LONDON and ASHLAND, Maine, June 20, 2023 (GLOBE NEWSWIRE) -- (AIM: AEG, OTCQB: ATGVF), the international waste biomass-based renewable energy company has appointed Barron Hewetson, Ph.D. as Chief Technology Officer. Hewetson has a proven history of using innovation to create awar...

 PRESS RELEASE

Active Energy Group Names Steve Schaar Chief Operating Officer

Active Energy Group Names Steve Schaar Chief Operating Officer LONDON , March 01, 2023 (GLOBE NEWSWIRE) -- (AIM:AEG, OTCQB:ATGVF), announces the appointment of Steve Schaar as Chief Operating Officer. Schaar’s deep experience in running and growing commercial scale biomass energy manufacturing business will be important as Active Energy nears completion of the first manufacturing facility of CoalSwitch®. CoalSwitch is a biomass-based clean energy pellet that performs as well, costs the same and burns cleaner than traditional coal. “The appointment of Steve comes at a critical time for A...

 PRESS RELEASE

Active Energy Group Issued New Trademarks for CoalSwitch Brand

Active Energy Group Issued New Trademarks for CoalSwitch Brand LONDON, Feb. 15, 2023 (GLOBE NEWSWIRE) -- (AIM:AEG, OTCQB:ATGVF), the international biomass based renewable energy business, has been awarded two trademarks for the registration of CoalSwitch® in the United States and United Kingdom. The United States Patent and Trademark Office has issued Trademark Registration No. 6,707,687 for CoalSwitch® and the UK Intellectual Property Office has issued Trademark Registration No. UK00003838916 for CoalSwitch®. The issuance of both trademarks is an important step for AEG as it grows it...

 PRESS RELEASE

Active Energy Group Awarded Multiple New Patents for its Revolutionary...

Active Energy Group Awarded Multiple New Patents for its Revolutionary Process that Converts Waste Biomass into Clean Fuel LONDON, Feb. 13, 2023 (GLOBE NEWSWIRE) -- (AIM:AEG, OTCQB:ATGVF), the international biomass based renewable energy business, has been awarded multiple new patents for turning lumber and forestry waste into clean energy. The patents further extend AEG’s intellectual property for its CoalSwitch product, a first of its kind “drop-in” replacement for traditional coal made from renewable resources. In the US, the United States Patent and Trademark Office has issued two p...

 PRESS RELEASE

Active Energy Group Now Trading on the OTCQB Venture Market Exchange i...

Active Energy Group Now Trading on the OTCQB Venture Market Exchange in the United States Access to a deeper pool of capital timely as company continues progress on first production facility in Maine NEW YORK, Aug. 08, 2022 (GLOBE NEWSWIRE) -- (AIM:AEG, OTCQB: ATGVF), producer of a new clean energy pellet, will begin trading today on the OTCQB Venture Market (“OTCQB”) in the United States, under the ticker symbol "ATGVF". The development enables AEG access to not only a deeper pool of capital, but also access to U.S. investors as the company builds out the first CoalSwitch production ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch