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Powerhouse Energy announces today that Paul Emmitt, who has been the Company’s Chief Technical Officer (“CTO”) since July 2021, has been appointed as an Executive Director of the Company with immediate effect.
Paul will continue as CTO, leading the management, planning, development, and operation of the DMG technology. Paul is a Chartered Engineer, has an MBA in Engineering Management, and has over twenty years of multi-sector engineering and operational management experience. He is also the Managing Director of Engsolve Limited, the engineering consultancy in which Powerhouse has a 48% stake.
Recently appointed CEO of Powerhouse, Paul Drennan-Durose, said “The strengths and extent of Paul’s experience make him a central part of the business. He will remain as CTO, and at the same time will bring depth to the board. This change also goes some way to levelling up the balance of executive directors on the board, a vital modification, which is of value to the Company and to shareholders.”
Paul Emmitt said: “I look forward to stepping-up to the board and to working even more closely with Paul, our new CEO, in influencing and developing the company and its advanced technology.”
For interviews and more information please contact:
Powerhouse Energy
Becca Smith / 00447766522305 / becca@sistersmithpr.com
Suzi Smith / 00447766522306 / suzi@sistersmithpr.com
Notes to editors
ABOUT POWERHOUSE ENERGY GROUP
Powerhouse Energy, the sustainable hydrogen company, has a vision to be a global leader in technology solutions that transform plastics and waste into clean energy.
Powerhouse has developed a technology that provides a solution to plastic and produces a clean energy that can help improve air quality by replacing diesel with hydrogen as a transport fuel.
Powerhouse Energy’s mission is to provide flexible, innovative, solutions to global pollution by recycling plastic and waste into valuable clean energy products.
Powerhouse technology aims to be used at a local level providing a closed loop solution within the community for plastic waste, cleaning up our oceans and helping to accelerate the clean energy transition to reach the target of net zero emissions by 2030.
The Distributed Modular Generation (DMG®) technology can utilise all plastic, end-of-life-tyres, and other waste streams to efficiently and economically convert them into syngas from which valuable products such as chemical precursors, hydrogen, electricity and other industrial products may be derived.
Powerhouse’s technology is one of the world’s first proven, distributed, modular, hydrogen from waste (HfW) process.
The Powerhouse (DMG®) process can generate up to 2 tonnes of road-fuel quality hydrogen and more than 58MWh of exportable electricity per day.
Powerhouse’s process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level. As announced on 11th February 2020 under its Supplemental Agreement with Peel Environmental, Powerhouse will receive an annual license fee of GBP500,000 in respect of each project which is commissioned.
Powerhouse aims to license developers to deliver facilities that improve our environment for future generations.
Powerhouse is quoted on the London Stock Exchange’s AIM Market under the ticker: PHE and is incorporated in the United Kingdom.
For more information see www.powerhouseenergy.co.uk
Follow developments @PowerHouseEG.