The company’s priority is to ensure the first H2 facility using its DMG technology, based at Peel NRE’s Protos site, meets the target of being commissioned and operational by the end of Q1 2022.
Last November Powerhouse signed non-binding heads of terms with Hydrogen Utopia International Limited (HUI) with a view to granting HUI an exclusive non-transferable license for the application of its DMG technology in the country. Progress in Poland since then has been so satisfactory and the company believes that, subject to agreeing a binding agreement with HUI, a first plant in Poland may be commissioned within a similar timeframe to the one proposed at the Protos site.
77 sites have been identified as potential locations for Powerhouse plants in the UK. The development of the UK pipeline will form the springboard for the international expansion of the Powerhouse business model.
The company also intends to examine market conditions in other east and Central European countries later this year. The company intends to seek partners in other geographies to work with, adopting a similar business model to that envisaged with Peel NRE in Britain and HUI in Poland.