Biomass Week - November 14, 2018

November 14, 2018

European Parliament approves REDII The European Parliament approved new targets for renewables, energy efficiency and second-generation biofuels when it voted to confirm a provisional agreement reached with the European Council in June on a revised Renewable Energy Directive (REDII). READ MORE SHARE
Verbio to buy DuPont cellulosic ethanol plant, convert it to RNG Roughly a year after it first announced plans to sell its cellulosic ethanol plant, DuPont Industrial Biosciences has reached an agreement to sell the facility to the U.S. subsidiary of German bioenergy producer Verbio Vereinigte BioEnergie AG. READ MORE SHARE
	Enviva to expand capacity at Northampton, Southampton plants Enviva Partners has released third quarter financial results, reporting increased revenue, net income and gross margin. The company also announced plans to expand its operations, including the addition of new capacity at two existing pellet plants. READ MORE SHARE
Canadian government awards funding to Quebec pellet project The Canadian government has announced it will provide financial support to aid the development of a fully integrated industrial wood pellet and sawmill complex under development by Granule 777 Inc. in Quebec adjacent to its Barrette-Chapais sawmill. READ MORE SHARE
Renewables account for more than 50% power capacity in Britain The latest Drax Electric Insights report shows Britain’s power system hit a new milestone during the third quarter of 2018, with installed capacity from renewables overtaking capacity from fossil fuels for the first time. READ MORE SHARE
EIA updates bioenergy production, capacity forecasts The U.S. EIA has released the November edition of its Short-Term Energy Outlook, predicting that nonhydropower renewables will provided more than 10 percent of electricity generation in 2018, increasing to nearly 11 percent in 2019. READ MORE SHARE
Gevo releases third quarter results, discusses future plans On Nov. 6, Gevo Inc. released third quarter financial results and hosted an investor call discussing efforts to decarbonize its Luverne, Minnesota, biorefinery and develop business opportunities for its isobutanol, jet fuel and isooctane products. READ MORE SHARE
Drax generates £1.6 billion and supports over 17,500 UK jobs Based on Drax’s operations in the energy sector and its use of British businesses across its supply chain, an analysis by Oxford Economics estimates that the company contributed £1.65 billion to the economy and supported 17,500 jobs last year. READ MORE SHARE
Atlantis releases update on Uskmouth conversion, pellet plant SIMEC Atlantis Energy Ltd. has announced the conversion of its U.K.-based Uskmouth Power Station is expected to be complete by the end of 2020. Once operational, the facility will generate 220 MW of power using energy pellets made from waste. READ MORE SHARE
Fluence awarded waste-to-energy project in Argentina Fluence Corp. Ltd. recently announced it was awarded a contract for a waste-to-energy system by ArreBeef Energia S.A., a beef processor in Argentina. The system will use anaerobic digestion technology developed by Fluence to produce biogas. READ MORE SHARE