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AEG CoalSwitch biomass system a game changer for coal industry, says CEO

Chas Fritz, chief executive AEG CoalSwitch – part of Active Energy Group (LON:AEG) – says the firm’s ground-breaking biomass fuel processing system is a game changer for the coal industry.

The technology allows biomass fuel (plant or wood-based raw material) to be utilised in traditional coal-fired power plants as a direct replacement for coal - as well as being mixed with coal in co-firing operations.

Crucially, the system doesn't require plant owners or operators have to invest in hugely expensive and time-consuming furnace, handling and storage modifications.

Quick facts: Active Energy Group PLC

Price: 0.535 GBX

LSE:AEG
Market: LSE
Market Cap: £8.23 m
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