Powerhouse Energy Group PLC (PHE) is a publicly traded company on the London Stock Exchange (LSE) AIM market. The company’s ticker symbol is PHE. As of this post, PHE Share Price is at 1.00 GBp.
PHE had a market capitalization of approximately £61.5 million. However, please note that stock prices and market capitalizations are subject to change based on various market factors and the company’s performance.
Powerhouse Energy Group PLC (PHE) is a UK-based technology company specializing in developing and commercializing waste-to-energy and waste-to-hydrogen technology. The company was founded in 2005 as a spin-out from the University of Chester to develop an efficient and environmentally friendly way of converting waste materials into energy.
PHE’s proprietary technology, the Distributed Modular Gasification (DMG) process, uses high-temperature gasification to convert non-recyclable waste materials into synthesis gas or syngas, which can generate electricity, heat, or hydrogen. The DMG process has been designed to be modular, allowing it to be deployed in various settings and scales, from small-scale community-based plants to large-scale industrial facilities.
Over the years, PHE has partnered with various companies and organizations to develop further and commercialize its technology. For example, in 2019, the company signed an agreement with Peel Environmental to build a DMG plant at Peel’s Proto energy hub in Cheshire, UK. The plant, which is expected to be operational in 2023, will be capable of processing up to 35,000 tonnes of non-recyclable waste per year and producing up to 2MW of electricity and up to 900kg of hydrogen per day.
PHE is listed on the London Stock Exchange’s Alternative Investment Market (AIM) and has approximately £61.5 million market capitalization.
- Environmentally friendly technology. PHE’s proprietary DMG process is designed to convert waste materials into energy while minimizing harmful emissions and reducing landfill waste. As the world increasingly focuses on sustainable and environmentally friendly solutions, PHE’s technology may benefit from this trend.
- Growth potential. PHE is still in the early stages of commercializing its technology and has signed several agreements and partnerships to expand its operations. The company has identified a range of potential markets for its technology, including waste-to-energy, waste-to-hydrogen, and synthetic natural gas. If PHE successfully commercializes its technology on a larger scale, the company may have significant growth potential.
- We have an experienced management team. PHE’s management team has extensive experience in the energy and technology sectors, with backgrounds in companies such as Shell, BP, and McKinsey & Company. The team has also successfully raised capital and secured partnerships to support the company’s growth.
Main Competitors of Powerhouse Energy Group PLC
Powerhouse Energy Group PLC (PHE) operates in the waste-to-energy and waste-to-hydrogen technology sectors. Some of its main competitors in this space include:
- Air Products and Chemicals Inc. Air Products and Chemicals Inc. is a US-based industrial gas company that produces and supplies gases for various industries, including energy and environmental technologies. The company also offers a range of hydrogen solutions, including hydrogen production and storage technologies.
- Covanta Holding Corporation. Covanta is a US-based waste-to-energy company that provides sustainable waste management solutions. The company operates over 40 energy-from-waste facilities worldwide and generates electricity from the waste it processes.
- Veolia Environnement SA. Veolia is a French-based company that provides waste management and energy services. The company has a range of waste-to-energy solutions, including thermal treatment and anaerobic digestion, and also provides hydrogen production and distribution services.
- Suez SA. Suez is a French-based company that provides water and waste management services. The company has a range of waste-to-energy solutions, including thermal treatment and anaerobic digestion, and also offers hydrogen production and distribution services.