TIDMEQT
RNS Number : 5759E
EQTEC PLC
31 October 2022
31 October 2022
EQTEC plc
("EQTEC", the "Company" or the "Group")
R&D facility successfully upgraded for hydrogen and RNG
testing
EQTEC plc (AIM: EQT), a global technology innovator powering
distributed, decarbonised, new energy infrastructure through its
waste-to-value solutions for hydrogen, biofuels, and energy
generation is pleased to announce the successful completion of
steam-oxygen gasification tests that confirm the suitability of
EQTEC's synthesis gas ("syngas") technology for advanced biofuels
production.
The tests were undertaken at EQTEC's technology innovation
facility in France, in partnership with the Energy from Biomass and
Wastes ("ERBE") team, part of the Laboratoire d'Etudes et de
Recherche sur le Matériau Bois ("LERMAB") at Université de Lorraine
("UL") in Epinal, France . Two series of tests were conducted in
the first half of October 2022: one using established air-blown
gasification configuration with refuse-derived fuel ("RDF"), based
on equipment and an approach previously applied by EQTEC at LERMAB;
the other test applying steam-oxygen capability made possible by
equipment upgrades by EQTEC at the facility.
Air-blown gasification supports electrical power and thermal
energy applications, where the mix of hydrogen, methane and carbon
dioxide in the syngas is less critical for the offtake application.
Steam-oxygen gasification supports hydrogen, renewable natural gas
("RNG") and other advanced biofuel applications, where optimisation
of the hydrogen, methane and carbon dioxide mix is critical for
efficiency and productivity of the offtake.
The upgrade to the LERMAB facility and both tests were
implemented as part of EQTEC's technology innovation programme, as
indicated in the Company's 2021 annual results and H1 2022 interim
results. An independent report with detailed and definitive
conclusions from the test results is expected to be issued by UL
before the end of 2022.
The Company expects the upgrade for steam-oxygen gasification to
continue attracting the attention of strategic and technology
partners with interest in conducting trials of new energy
infrastructure for hydrogen, RNG and other advanced biofuels, based
on EQTEC technology. Such tests are already scheduled for the first
half of 2023.
Steam-oxygen gasification
One of the greatest challenges for steam-oxygen gasification is
efficient distribution of oxygen across the fluidised bed in the
gasification reactor. Historically, most trials of this approach,
by a range of research institutes and companies, have failed to
achieve this, resulting in lower feedstock conversion efficiency, a
lower quality syngas and thus a lower production and/or efficiency
of hydrogen, methane or other offtake.
The tests by EQTEC with ERBE in October 2022 represented the
integrated team's first attempt with steam-oxygen gasification at
the LERMAB facility, based on the new upgrades. The test was very
successful, with strong stability in fluidisation and gasification
temperature, which together indicate highly efficient oxygen
distribution and feedstock conversion.
Critically, syngas analysis indicated a clear increase in
hydrogen concentration relative to that for air-blown gasification.
The capability of EQTEC's advanced gasification technology to
increase hydrogen production in this way indicates it is able to
manipulate the thermochemical conversion process so as to maximise
specific components of the syngas for greater production of
advanced biofuels and chemicals.
These tests, analyses and data generated will support
refinements to EQTEC's proprietary process design, computational
modelling and control systems in the interest of supporting a range
of offtake application.
Air-blown gasification of RDF
The successful tests of EQTEC's air-blown gasification process
technology follow similar, successful tests with RDF completed by
the Company and ERBE in 2021, as well as successful tests with
contaminated plastics completed in December 2021.
The specific RDF used for the tests was provided by a
prospective customer of EQTEC technology. Throughout the entirety
of the air-blown gasification testing period, EQTEC technology
provided consistently strong conversion results. The tests achieved
their two primary goals of establishing and maintaining efficient
gasification and smoothing the RDF feeding-in system.
The analyses and results they produced provide further
validation of EQTEC's proprietary, kinetic computational model and
support continuous improvement of EQTEC's patented and proprietary
process designs.
Yoel Alemán, CTO of EQTEC, commented:
"These tests are another important milestone for us in our
technology innovation roadmap. As the demand increases for highly
efficient and clean conversion facilities for hydrogen, RNG and
advanced biofuels, and as industrial clients, utility companies and
municipalities look for scalable, local-to-local solutions, EQTEC's
capabilities with both air-blown and steam-oxygen gasification will
allow us to offer a range of solutions that fit a range of business
models. There are few, successful steam-oxygen gasification
facilities in the world, and we believe our success with these
tests puts us at the forefront of clean, waste-to-value
capabilities. From a technical perspective, we were pleased at how
smoothly the technology performed throughout. The data we gathered
will allow us to fine-tune our proprietary process capabilities and
we can look forward to applying the new knowledge to future testing
for prospective customers."
Yann Rogaume, Professor and Head of the ERBE Team,
commented:
"Hydrogen is the future of energy, and these most recent
augmentations to the technology and automation will help us
optimise hydrogen and advanced biofuels for a range of interesting
tests and results. The syngas produced through EQTEC's technology
can be used directly or easily transformed into hydrogen, methane
or other biofuels, and from a wide range of fuels including
biomass, RDF, plastics and others."
This announcement contains inside information as defined in
Article 7 of the EU Market Abuse Regulation No 596/2014, as it
forms part of United Kingdom domestic law by virtue of the European
Union (Withdrawal) Act 2018, as amended, and has been announced in
accordance with the Company's obligations under Article 17 of that
Regulation.
ENQUIRIES
EQTEC plc +44 203 883 7009
David Palumbo / Nauman Babar
---------------------------
Strand Hanson - Nomad & Financial Adviser +44 20 7409 3494
---------------------------
James Harris / Richard Johnson
---------------------------
Panmure Gordon - Joint Broker +44 207 886 2500
---------------------------
John Prior / Harriette Johnson
---------------------------
Canaccord Genuity - Joint Broker +44 207 523 8000
---------------------------
Henry Fitzgerald-O'Connor / James Asensio
/ Patrick Dolaghan
---------------------------
Alma PR - Financial Media & Investor Relations +44 203 405 0205
---------------------------
Josh Royston / Sam Modlin EQTEC@almapr.co.uk
---------------------------
+44 207 457 2381 / +44 788
Instinctif - General Media Enquiries 788 4794
---------------------------
Chris Speight / Tim Field EQTEC@instinctif.com
---------------------------
About EQTEC's relationship with Université de Lorraine
The Company has for 10 years worked in partnership with the
Energy from Biomass and Wastes ("ERBE") team, part of the
Laboratoire d'Etudes et de Recherche sur le Matériau Bois
("LERMAB") at the Université de Lorraine in Nancy, France to pursue
research and development of syngas production based on EQTEC's
advanced gasification technology. The partnership supports both
parties' understanding of a greater range of biomass and waste
feedstocks and a greater range of syngas applications, including
generation of electricity and heat and production of renewable
methane and hydrogen.
About EQTEC plc
As one of the world's most experienced gasification technology
and engineering companies, with a growing track record of
delivering operational and commercial success for transforming
waste-to-energy through best-in-class technology innovation,
engineering and project development , EQTEC brings together design
innovation, project delivery discipline and solid commercial
experience to add momentum to the global energy transition. EQTEC's
proven, proprietary and patented technology is at the centre of
clean energy projects, sourcing local waste, championing local
businesses, creating local jobs and supporting the transition to
localised, decentralised and resilient energy systems.
EQTEC designs, supplies and builds advanced gasification
facilities in the UK, EU and US, with highly efficient equipment
that is modular and scalable from 1MW to 30MW. EQTEC's versatile
solutions process over 50 varieties of feedstock, including
forestry wood waste, vegetation and other agricultural waste from
farmers, industrial waste and sludge from factories and municipal
waste, all with no hazardous or toxic emissions . EQTEC's solutions
produce a pure, high-quality synthesis gas ("syngas") that can be
used for the widest range of applications, including the generation
of electricity and heat, production of renewable natural gas
(through methanation) or biofuels (through Fischer-Tropsch,
gas-to-liquid processing) and reforming of hydrogen.
EQTEC's technology integration capabilities enable the Group to
lead collaborative ecosystems of qualified partners and to build
sustainable waste reduction and green energy infrastructure around
the world.
The Company is quoted on AIM (ticker: EQT) and the London Stock
Exchange has awarded EQTEC the Green Economy Mark, which recognises
listed companies with 50% or more of revenues from
environmental/green solutions.
Further information on the Company can be found at www.eqtec.com
.
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END
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