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GIB announces investment in biomass CHP project

U.K. Green Investment Bank

August 18, 2014

BY U.K. Green Investment Bank

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EIA: Biomass power production expected to increase slightly in 2024

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Renewables are currently expected to account for 24% of U.S. electricity generation in 2024, increasing to 25% in 2025, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released March 12.

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The Government of Ontario is investing $60 million in the Forest Biomass Program, which will make targeted investments in forest sector initiatives to develop the economic potential and environmental benefits of forest biomass.

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The U.K. government has opened a public comment period as part of its effort to avoid market manipulation caused by overlapping domestic and international incentives for sustainable aviation fuel (SAF) and other low carbon fuels.

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The Biomass Power Association has rebranded as the American Biomass Energy Association. The announcement was made by ABEA Executive Director Carrie Annand at the 17th Annual International Biomass Conference & Expo.

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On Feb. 29, West Biofuels LLC announced it was selected for up to $30 million in award negotiations from the U.S. DOE Office of Clean Energy Demonstrations to provide low-carbon, stable energy for two rural communities in California.

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