Proposed Florida biomass plant scores PPA
The Public Service Commission of Florida has approved a 20-year power purchase agreement between Progress Energy Florida and Trans World Energy LLC for a biomass power plant planned for Citrus County, Fla.
According to the agreement, Trans World will sell 40 megawatts of capacity and associated energy to PEF for 20 years beginning July 1, 2013. The facility is expected to supply the energy needs of approximately 10,000 Florida homes, and save between $28.5 and $61.6 million in energy production costs.
Trans World President Thomas Schmid said this will be the company’s first plant, although it has several more in various planning stages. An exact site hasn’t yet been nailed down, but several potential locations are being evaluated, he said. “Some studies are being done right now, so once they’re complete we’ll [choose a site] and break ground.”
Trans World estimates that 100 jobs will be created during construction and 45 jobs will be needed to operate the plant, which will utilize about 1,000 tons of woody biomass per day.
Schmid added that the company, which is headquartered in Vero Beach, Fla., is currently working its way through the permitting process and doesn’t anticipate any delays.