micro Combined Heating & Power (mCHP) Report

RNS Reach 

3 April 2013

Energetix Group Plc

("Energetix" or the "Company")

Micro Combined Heating and Power (mCHP) Report

Energetix Group plc, (AIM: EGX), which develops and commercialises alternative and efficient energy products welcomes an Industry report entitled "The role of micro CHP in a smart energy world", recently published by Ecuity Consulting.

"The role of micro CHP in a smart energy world", sets out how mCHP could revolutionise home heating and explains that electricity generated by mCHP, in tandem with the smart grid and energy storage innovations, could also help the grid to cope with capacity constraints and short-term spikes in demand. The paper also makes suggestions for a reward system for those who use mCHP.

The report brings together the strategic vision of leading smart energy stakeholders, including representatives from some of the Industry's most prominent peers. Geoff Barker, and Mike Gibson, General Manager at Flow Products and Head of Regulation and Compliance at Flow Energy respectively, also contributed.

The paper reveals that heat-led mCHP tends to generate more power at peak times and so naturally mCHP reduces the need for fossil-fuelled peaking plants. This creates substantial financial benefits for the wider energy system, estimated to be worth 6.2p/kWh electricity generated, assuming widespread mCHP deployment.

Overall, the report states that mCHP is the most cost-effective gas-fuelled domestic heating solution available to the domestic market, and the paper ultimately aspires to set a framework for constructive discussion on mCHP's potential to contribute to future energy policy.

The report can be seen at the below link:

http://www.ecuity.com/ecuityknowledge/micro-chp-powering-a-heated-discussion-about-our-energy-future

Commenting Peter Richardson, CEO of Energetix Group, said: "The report shows how mCHP is an attractive route for future energy policy to both increase energy security whilst reducing overall Carbon emissions. We are well positioned to take advantage of a substantial growth in interest in the mCHP market and to be a leading innovator in the commercial application of mCHP technology."

For further information:

Energetix Group plc

Energetix Group plc is a developer of cost-effective products to meet the growing global demand for alternative efficient energy. Currently Energetix has two subsidiary businesses:

Flow - microCHP energy generation and retail electricity & gas

Pnu Power  - compressed air back-up power for the protection of essential systems

In addition, Energetix has a c.25.7% stake in VPhase plc, an energy efficiency business created by Energetix and subsequently spun out in 2010. VPhase is now a standalone independently funded commercial venture.

With all technology development now completed Energetix is well positioned as it moves to the commercialisation stage of its corporate development.

Flow (formerly Genlec and Kingston Energy) - www.freeflow.uk.com

Flow Products has developed a highly efficient, compact and light weight, wall mounted microCHP (Combined Heat and Power) appliance known as the Flow Boiler (formerly the Kingston Boiler). The Flow Boiler is specifically designed to generate 1kW of electrical power. The Flow Boiler therefore has an inherent low total cost of ownership (initial outlay plus maintenance) and has already demonstrated industry leading payback cycles which many analysts believe is the key to unlocking this significant market opportunity.

Flow Energy is a unique dual fuel energy company, which will provide free microCHP boilers to its customers in return for a commitment to buy gas and electricity, with a price promise that energy prices will not exceed those of the major energy suppliers.

Pnu Power

Pnu Power focuses on the provision of compressed air back-up power which can ensure an uninterruptible power supply for critical systems, particularly for the telecoms, data centre and power transmission markets. Pnu Power range has been extended to include the DC100 product that can now meet the demand of the rapidly growing Green Data Centre market, providing a low carbon alternative to flywheels. Pnu Power has been successful in achieving repeat trial sales and is now poised to move out of the trial sales phase and into full volume commercial sales.

Energetix Group joined AIM in August 2006. The Group and its subsidiaries and associates are based near Chester, NW England and Ipswich, Suffolk.