A pioneering business with the carbon economy agenda at the forefront, Active Energy Group is a provider of biomass to the European market. With access to a large supply of high quality feedstock, experienced forestry team and modern processing facilities, Active Energy Group via the purchase of Active Energy Ukraine (formerly Bioenerho) are well positioned to supply Polish, Ukrainian and EU clients with biomass including raw materials, logs, wood chips and pellets.
21/05/12
Appointment of Director15/05/12
Final Results21/03/12
Holding(s) in Company29/02/12
Stmnt re Share Price Movement14/02/12
Further re Trading Update
21/11/11
The firm’s executive chairman tells us that the acquisition of a Ukrainian wood chips business will give it a solid footprint in the Ukraine and an exposure to a burgeoning market in Poland, and other eastern European countries, for biomass-fuelled electricity generation.
11/07/11
This year has seen Active Energy embark on a strategy to reinvent itself as a one-stop shop consultant for, and implementer of, energy efficiency solutions to industry and commerce. The firm's expertise in voltage optimisation remains, but it will supply a host of other services too. Here, we take a look at the new Active Energy
16/05/11
Investor Nicholas Barham has raised his stake in Active Energy to 7.99 per cent by acquiring 15.7 million shares in the business. Active Energy raised £1.8m in a placing last week. The deal represents Barham's second purchase of shares in an energy efficiency-focused company in less than a month.
25/06/10
Shares in Cinpart rose sharply after the company announced an MOU with County Executives of America, an organization which represents local elected officials in 700 counties in the United States
13/01/10
In early 2009 the company, which had previously been focused on producing electrical components for gas appliances, had chosen to make a move into the voltage optimisation market by setting up a new subsidiary called Active Energy
15/05/12
Active Energy confident it can achieve growth with biomass plans14/02/12
Active Energy sees £3 million revenues from woodchip contract in 201209/02/12
Active Energy to focus on Ukraine biomass business03/02/12
Active Energy director Christopher Foster resigns19/12/11
Active Energy: Bioenerho purchase is transformational, says Merchant Securities
15/08/2011
23/06/2011
07/01/2010
26/05/2009
03/06/2010
Shares Magazine Article25/11/2010
Active Energy Group PresentationActive Energy Ukraine is a wholly owned subsidiary of Active Energy Group. A Ukrainian acquisition formed in October 2011 to address the opportunity provided by the immense timberlands in the Ukraine and the European growing demand for biomass. The company assets are all situated along the EU; Polish-Ukrainian border.
Active Energy Ukraine's strengths are found in its access to incredibly qualified staff, modern equipment and access to vast feedstock from the Lyuboml Forestry in Lutsk, the Ukraine which covers 137,000 ha of land with over 25 to 27 mln m2 of standing timber. This represents 8&perc; and we are in the process of planning to secure more in the future. The close proximity of the Lyuboml forest to the Polish border enables easy provision of biomass sales to electricity generators based in Poland and the EU.
With such a vast feedstock Active Energy Ukraine has huge potential to provide not only Polish, Ukrainian and EU clients with product, but also global companies with raw materials, logs, wood chips. It has access to a major timber yard on site for processing, storage and loading with an area of 30,000 m2. Performing a wide range of forestry and processing operations, allowing us to service a wide variety of customer specifications and specifically the latest contract, to supply the Polish Power Generation sector with large scale shipments of biomass.
Ukrainian Forestry and Timber Market Overview
Biomass is an abundant, untapped and environmentally friendly renewable energy carrier.
The Ukraine is the 8th biggest country in Europe (exc Russia) with 9.5 million hectares of forest, which currently accounts for 15.7% of the total land area.
The timber stock volume is around 1.8 bln. cu.m with an average annual accession rate of forest at 4.0 cu.m. per hectare and varies from 5.0 cu.m. in Carpathian Mountains to 2.5 cu.m. in steppe zone. The export volume of wood and wood products accounts for over 2% of the total exports from the Ukraine for the period (2008) or $801 million.
The Lutsk and Lyuboml Forestry Area
Active Energy Ukraine has an agreement with access to vast feedstock supplies from the Lyuboml Forestry in Lutsk. Lyuboml Forestry in the Ukraine covers 137,000 ha of land with 25 to 27 mln m2 of standing timber., amounting to over 0.5% of all wood in the Ukraine.
Active Energy Contracts
Active Energy Ukraine has a number of contracts providing biomass underway, these include:
Biomass In Europe
Biomass currently accounts for around half (44 to 65%) of all renewable energy used in the EU. Biomass meets 4% of the EU’s energy needs (69 million tonnes of oil equivalent (toe)). The aim by the EU is to increase biomass use to around 150 million toe, providing a significant opportunity for biomass imports from the Active Energy Ukraine site in the Ukraine to the EU and specifically Poland.
Biomass Opportunity Poland
The biomass energy market in Poland is less developed than the fossil fuel market. In Poland sustainable solid biomass resources have been difficult to obtain whilst the requirement for good quality solid biomass to fuel power plants has been steadily increasing, mostly due to the recently dynamically developing use of biomass in co-firing with coal for electricity production and heating.
In Poland large-scale biomass fuelled power plants utilise direct solid biomass combustion (e.g. Jaworzno, Elbląg, Konin, Połaniec, Białystok) or co combustion of solid biomass with coal (e.g. Opole, Ostrołęka, Siersza, Jaworzno, Łaziska, PAK, Turów/lignite etc.). Large-scale biomass co combustion has created strong demands on biomass markets in Poland contributing to their development in recent years
Benefits of Biomass
Biomass is a sustainable fuel that can offer a wide range of benefits:
Gavin Little - Executive Chairman
Gavin Little was appointed Chairman of Active of Active Energy Group plc in April 2011.
Gavin has over 20 years' sales, marketing and general management experience, most recently with British American Tobacco Co Plc ("BAT") as CEO of the Northern Europe region, where he was responsible for strategy and operations; overseeing the restructuring and corporate development of the GBP700m turnover business. Prior to this, Gavin was Chief Marketing Officer, USA, for Reynolds American Inc., a leading US tobacco company in which BAT is the major shareholder, having held previously a number of senior management roles globally within BAT.
Philip Palmer – Chief Executive Officer
Philip Palmer was appointed as a Director of Active Energy Group plc on 19th September 1997.
In 1977, Mr Palmer established Healthcare Logistics Ltd to provide logistical services for the pharmaceutical industry. He was responsible for developing the company into the leading UK provider of outsourcing services to the pharmaceutical sector. The business was sold in 1997 via a management buyout and is now the UK logistics arm of Movianto a division of Celesio AG.
Head Office
Active Energy Group plc
Westbourne House
14-16 Westbourne Grove
London W2 5RH
Telephone: 0207 313 2441/2
Email:info@active-energy.com
Registered Office
ACTIVE ENERGY GROUP PLC
The Registry
34 Beckenham Road
Beckenham
Kent
BR3 4TU
Telephone: 020 8639 2406
Fax: 020 8939 2342
Copyright © Proactiveinvestors.co.uk, 2012. All Rights Reserved Design & Development: Tehnicom Computers
