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Description of business:
AMP was established to develop, own and operate renewable energy generating facilities. The AMP strategy is to develop and operate projects using small-scale, proven technologies for converting biomass to energy and to sell the energy produced in the form of electricity, heat and wood fuel. AMP's preferred technology for generating electricity from wood fuel involves a process of gasification, in which wood is converted into syngas by the application of heat in a low oxygen environment. The engine, as well as producing electricity, generates waste heat which can be captured and used commercially to dry the wood fuel, firstly, needed as feedstock for gasification, and secondly, for sale in the open market or into the portfolio of biomass boilers operated and managed by AMP. AMP's use of excess heat to dry wood chip for onward sale provides a natural hedge to adverse movements in feedstock prices, as AMP can also benefit from increases in the value of such feedstock.

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Aggregated Micro Power Holdings plc

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