In a bid to tackle environmental problems, three UK companies have signed a £130m agreement to develop 11 facilities that produce hydrogen from plastic waste.
Peel Environmental, Waste2Tricity and PowerHouse Energy will use a UK first advanced thermal treatment technology at the proposed 11 sites, which could transform the way waste plastics are dealt with nationally.
The pioneering DMG® (Distributed Modular Gasification) technology developed by PowerHouse Energy produces a local source of hydrogen from unrecyclable plastics.
This clean and low-cost hydrogen produced could be used to power buses and heavy goods vehicles (HGVs), before being rolled out to hydrogen cars, helping to reduce air pollution and improve air quality on UK roads.
The partnership is due to submit a planning application for the first site – at Peel Environment’s Protos site near Ellesmere Port in Cheshire – in the coming weeks.
Commenting on the new partnership, Waste2Tricity Managing Director John Hall said, “As pioneers of the low carbon distributed hydrogen economy, we are delighted to see this collaboration with Peel Environmental, who have recognised the importance of hydrogen as a fuel for the future.”
“Along with contributing to a growing circular economy, this innovative technology will undoubtedly play an important role in helping the UK meet its net-zero carbon emissions by 2050, whilst tackling the country’s problem of how to dispose of unrecyclable plastic.
“This agreement is an important first in the industry and exemplifies the circular economy. We recognise the importance of moving away from a linear economy and adopting technologies that minimises waste.”
David Ryan, CEO of PowerHouse Energy, added, “This contractual agreement represents a substantial commitment from Peel L&P to the wider deployment of DMG® Energy Recovery Technology in the UK.”
“Their commitment to commercial and funding engagement is an important step for PowerHouse Energy.”
“Peel L&P will aid the roll out of the technology and importantly they share our vision of the great potential arising from the distributed hydrogen economy.”
“We are hugely encouraged by the fact that we have demonstrated our technology to Peel L&P over an extensive due diligence period and we have met the company’s criteria, not only technically but, more importantly, commercially.”
“As one of the UK’s largest industrial landowners, Peel L&P’s land portfolio, their expertise and their blue-chip counterparties committed to plastic recycling and hydrogen usage enable us to look forward to successful delivery of the projects under this contract and beyond.”