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PowerHouse Energy Group

Powerhouse Energy on a surge after BBC's "War on Plastic" documentary

It would be better to use glass bottles rather than plastic bottles - a plastic bottle can take 450 years to break down - but if we have to have plastic bottles then Powerhouse's DMG technology could be used to turn those bottles into hydrogen and clean electricity

Plastic bottles
Almost eight billion bottles of plastic are bought each year

Shares in PowerHouse Energy Group PLC (LON:PHE) rose on Tuesday following a documentary, War on Plastic with Hugh and Anita broadcast on BBC1 Monday night.

In the programme, celebrity chef Hugh Fearnley-Whittingstall highlighted the mountain of plastic waste that could have been recycled but instead was dumped in Malaysia.

Powerhouse was not slow to point out this morning that its DMG technology can convert plastic waste into clean hydrogen and electricity and so eradicate any need for such waste to be shipped from the UK to Malaysia, or anywhere else.

It said one effective way of reducing the amount of plastic that ends up in landfill sites would be for DMG plants to be located on waste management sites and for those same sites to have a hydrogen fuelling station to power super-green hydrogen-powered local buses servicing the local community.

Powerhouse said its DMG technology can be used to directly benefit communities where the exported plastic waste could be used to generate electricity for areas that currently have no, or very limited access to the electricity grid. A local plant using just 25 tonnes of plastic waste would create circa 58 MWh (megawatt hours) of electrical power per day, which is enough to provide for communities of several thousand people in the developing areas of the world - including Malaysia.

"We relish the opportunity to show just what can be achieved with our DMG energy recovery process to address the plastic waste crisis. It is the responsible thing to do alongside other commendable initiatives being deployed,” declared David Ryan, the chief executive officer of Powerhouse.

"The scope of our DMG technology is truly global and with the support we are seeking from governments and commercial partners across the world it is ideally placed to make a significant impact in helping win the war on plastic."

Shares in PowerHouse Energy were up 7.3% at 0.39p in eqarly morning trading.

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Market Cap: £7.95 m
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