By Martin Clark Active Energy Group (AEG) is a London-quoted biomass-based renewable energy business listed on AIM, but with a major focus on North America and other international markets .It has a history of involvement in forest management but now focuses on two trademarked products — CoalSwitch and PeatSwitch — that convert woody or peaty biomass [...]
By Julian Singer Active Energy (AEG) has its headquarters in London and is listed on AIM but currently operates only in North America. It has a history of involvement in forest management but now focusses on two trademarked products (CoalSwitchTM and PeatSwitchTM) that convert woody or peaty biomass into pellets that can replace coal in existing [...]
By Julian Singer Active Energy Group (AEG) is one of a few companies listed on AIM that have no operations in the UK. It has been involved in forestry management for many years, initially in Ukraine but now in North America, but for the last few years has focused on its CoalSwitchTM product: a method of [...]
Last year was yet another pivotal year for Active Energy Group (AEG) as it seeks commercial acceptance for its CoalSwitchTMproduct. CoalSwitch is a technique that converts all types of biomass, including low quality forestry materials and wood waste, into pellets or briquettes that can be used directly in coal-fired power stations without substantial retrofitting. The [...]
At first glance Active Energy Group’s financial results for 2017 make disturbing reading. Revenue is zero for a loss of £14.8 million, compared with a revenue of £19m and a loss of £2.5m in 2016. In fact there was some revenue in 2017, but all from the Ukranian wood fibre business which the Board decided [...]
Active Energy’s sole source of revenue has been the conversion of wood from sustainable forests in Ukraine into medium density plaster board for sale in Turkey. Alas, both countries have had a troubled year, with the result that for the half year to June 30 2017 revenues dropped to US$1.3 million from US$19.2m for the [...]
Active Energy Group (AEG) is hoping that their CoalSwitch technology will be a breakthrough in converting coal-fired power generators to biomass. In the meantime they continue to rely on the revenues generated by their woodchip plant in Ukraine. Since AEG entered the forestry and biomass business in 2013, their main operation has been a plant [...]