Proactive Investors - Run By Investors For Investors

Active Energy welcomes support from Governor of Utah for CoalSwitch

The group’s first five-tonne-per-hour biomass fuel plant in Utah will be completed next month
picture of forest
CoalSwitch is derived from waste wood from logging

Active Energy Group PLC (LON:AEG) has received a letter of support from the Governor's Office of Energy Development in Utah for its CoalSwitch alternative fuel.

The group’s first five-tonne-per-hour biomass fuel plant in Utah will be completed next month and will provide proof-of-concept testing for a roll-out in power stations as an alternative to coal.

READ: Active Energy's finance director switches roles to focus on rollout of CoalSwitch

This plant will operate for a temporary period to create process algorithms, validate system performance and create products for Rocky Mountain Power to utilise in a commercial scale test.  

This test supports the STEP Grant approved by the Utah Legislature in 2016, seeking an alternative coal supplement material to be tested at the Hunter Power Plant located in Castle Dale, Utah, in early 2018. 

This temporary ABS plant will produce approximately 450 tonnes of material to be used for this STEP Grant test and additional material to be analysed by industry. If ABS' test is successful, OED anticipates continued investment by installing a permanent plant in Utah.  

READ: Active Energy's first CoalSwitch plant to be completed next month

Michael Rowan, Active Energy’s chairman said he was delighted the support from the Governor’s office.

“The environmental credentials are being recognised across the board and we are extremely excited about the future, especially as we expect to deliver our first commercial quantities to partners, including Rocky Mountain Power, in the near future."

View full AEG profile View Profile

Active Energy Group PLC Timeline

Related Articles

Oil drums
March 08 2018
Hartleys has a 12-month share price target of $0.25 on the stock implying upside of nearly 100%.
rubbish tip
July 31 2017
Its G3-UHt system transforms rubbish into electricity with no toxic by-products and effectively zero greenhouse gases
offshore oil platform
September 21 2017
Hurricane is now on-track for 'first oil' in the first half of 2019

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use