Development partner of PowerHouse Energy Group, Waste2Tricity Limited (W2T), has signed an agreement with Peel Environmental for a 124-year lease of a plot on the 540-acre Protos energy hub.
The agreement marks an important milestone in PowerHouse Energy’s plan to build a waste to hydrogen power facility. This is expected to be the first full scale commercial site for Powerhouse’s hydrogen from waste DMG® technology, an important step in Powerhouse Energy’s commercialisation strategy.
PowerHouse Energy and W2T will now conclude the arrangements for the scale and license of the DMG® technology for the site as well as W2T completing the power purchase agreement and plastic feedstock supply necessary to finalise its funding.
The site, located near Ellesmere Port in Cheshire, is being developed by Peel Environmental, part of Peel L&P and a subsidiary of the Peel Group, one of Britain’s infrastructure, transport and real estate companies.
“This is a significant strategic development for PowerHouse Energy as our development and operational partners W2T and Peel both share the vision for hydrogen in the North West,” said David Ryan, CEO of PowerHouse Energy.
“We look forward to concluding our own contractual arrangements shortly which together with the plastic feed and energy use agreements currently being progressed by our partners are all stepping stones to bring the development to financial close.”
“We believe the Protos site to be an ideal location to showcase our DMG® technology in action on a fully commercial basis and demonstrate the considerable value this technology delivers, paving the way for other contracts in the pipeline to come to fruition,” Ryan continued.
“We are delighted to be working in partnership with W2T and PowerHouse Energy to deliver this ‘UK first’ waste to hydrogen project. This project sums up the vision for Protos – a closed loop solution where innovative technologies are used to create value from waste and provide low carbon energy sources,” said Myles Kitcher, Managing Director or Peel Environmental.
“Not only will this help tackle the problem of waste plastics, it will provide a local source of hydrogen which could be used as a clean and low-cost fuel for buses and HGVs across the region. We see this as the first of many opportunities to roll out the technology across other Peel sites in the UK,” KItcher continued.
“We are extremely pleased to be developing this site using the DMG® technology, we believe it will be the first of many in the UK and elsewhere globally. The Protos site is ideally located in the North West, with discussions underway with initial suppliers of unrecyclable plastic feedstock including from other potential tenants within the park,” said John Hall, Chairman of Waste2Tricity.
“We look forward to progressing to build this facility with PowerHouse Energy and Peel and the bright future ahead for responsible energy recovery,” Hall concluded.