Toady, Powerhouse Energy Group completed their takeover of Waste2Tricity. Lets see what this does to the price tomorrow, if anything.

@David @George could you look into this please as still stuck on yesterday 2pm? Seems the stock is moving after seeing the chart? [image]

Big up PHE, think this company is going to do well. Commercial next year.

Suggest you read the other Powerhouse thread before expressing such confidence. They can go as commercial as they want but unless they’ve solved the technical and economic problems of their high cost version of gasification then the only people losing out will be investors.

Please elaborate and provide your sources

There’s a really good thread on the other trading for free but with charges forum about this. An engineer who has worked in the field before basically details why this doesn’t work at the moment and the problems PHE will face and have yet to address. I remember reading rotary kilns issues, gasifica…

That’s an interesting read @Scrooge_McCodf and also @red (in a previous thread I think) Definitely left me more concerned at the overall costs and possibly failings in PHE. Shame as I genuinely think they stand for great things but it all boils (no pun intended :see_no_evil:) down to costings. Th…

There’s no market for Hydrogen and it will never be cheaper then electricity as it requires electricity to produce. Even analysts don’t think Hydrogen will be at fossil fuel levels for 5-10 years. Will PHE last that long?

That’s the million dollar question. Oh to have a crystal ball :crystal_ball: On paper they sound so good. Reading between the lines is much more complex. More complex than I thought. I suppose it’s a case of taking the good news with the bad news and weighing up the options best to your ability

The EU is trying to stimulate a market in hydrogen at the moment and recently released a hydrogen strategy. As referenced elsewhere the preference is hydrogen from water plus renewables than from natural gas or waste.

Powerhouse Energy

📊 Investing

Gfclappah July 26, 2020, 12:43pm 29

Thanks, I’ll read it

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