Pellet Mill Press - October 6, 2020

October 6, 2020

Denmark announces new biomass sustainability requirements The Danish government announced a political agreement on Oct. 3 that establishes new sustainability requirements for woody biomass used to produce heat and electricity in Denmark. USIPA applauded the agreement, calling it strict but workable. READ MORE SHARE
European Commission proposes 55% cut in GHGs by 2030 The European Commission on Sept. 17 released a plan that aims to reduce European Union GHG emissions by at least 55 percent by 2030 when compared to 1990 levels. The goal would put the EU on a pathway to reaching climate neutrality by 2050. READ MORE SHARE
	Enviva completes acquisition of Georgia Biomass Enviva Partners LP has completed its previously announced acquisition of Georgia Biomass's wood pellet production plant in Waycross, Georgia, and associated contracted terminal capacity in Savannah, Georgia. READ MORE SHARE
IRENA: Bioenergy accounted for 3.58M jobs globally in 2019 Jobs in the renewable energy sector reached 11.5 million globally in 2019, according to a report released by the International Renewable Energy Agency (IRENA) on Sept. 29. Bioenergy accounted for 3.58 million jobs, up from 3.18 million in 2018. READ MORE SHARE
Natural Resource Canada funds 11 bioenergy projects Natural Resource Canada is has announced it will award approximately $21 million to support several clean energy projects in Indigenous communities in Ontario and the Northwest Territories, including 11 biomass projects. READ MORE SHARE
Japan solicits comments on proposed changes to FIT program Japan is proposing to shorten the eligibility window for previously approved and future biomass projects under its feed-in tariff (FIT) program, according to a report filed with the USDA FAS Global Agricultural Information Network on Sept. 18. READ MORE SHARE
Drax Biomass donates $20,000 to help victims of Hurricane Laura Drax Biomass is donating $20,000 to help families in Northeastern and Central Louisiana who were impacted by Hurricane Laura last month. The funds donated are going to hurricane relief efforts driven by the United Way and local food banks. READ MORE SHARE
UK bioenergy generation up 17% in Q1 U.K. renewable energy generation increased by 30 percent during the first quarter of 2020, reaching 40.8 terawatt hours (TWh), according to data released by the U.K. Department of Business, Energy and Industrial Strategy on Sept. 10. READ MORE SHARE
Letter urges EU leaders to increase GHG reduction targets Leaders of Enviva and Drax Group are among the nearly 200 business leaders, investors and organizations that recently sent a letter leaders of the European Union and EU member states urging the EU to increase GHG emission reduction targets. READ MORE SHARE
USDA launches OneRD Guarantee Loan Initiative The USDA announced on Oct. 1 it is now accepting applications for its four key loan guarantee programs under the OneRD Guarantee Loan Initiative, which was launched earlier this year to make it easier for lenders to access those four loan programs. READ MORE SHARE