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King, Collins introduced updated BTU Act

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By Erin Krueger

April 23, 2021

Pellets Thermal 

Sens. Angus King, I-Maine, and Susan Collins, R-Maine, have reintroduced an updated BTU Act, which aims to provide tax credits for commercial and industrial wood heating appliances. It would also extend and increase the existing residential ITC.

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The Growing Climate Solutions Act was re-introduced on April 20. The bill aims to break down barriers for farmers and foresters interested in participating in carbon markets so they can be rewarded for climate-smart practices.

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Reps. Chellie Pingree, D-Maine, and Martin Heinrich, D-N.M, on April 22 introduced the Agricultural Resilience Act. The bill, in part, would make changes to the USDA's REAP program and move the U.S. EPA's AgSTAR program to the USDA.

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President Biden marked Earth Day on April 22 by announcing a new target for the U.S. to achieve a 50-52 percent reduction in economy-wide net greenhouse gas (GHG) pollution by 2030 when compared to a 2005 baseline.

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A new and innovative safety approach for protecting coal/wood grinding plants against the ravages of a combustible dust explosion has been developed using passive venting devices, according to REMBE Inc.

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Sustainable bioenergy included in EU'S Green Finance Taxonomy

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By U.S. Industrial Pellet Association

April 21, 2021

The U.S. Industrial Pellet Association has welcomed the EU Taxonomy which classifies sustainable bioenergy as an environmentally sustainable activity, underscoring its indispensable role in the EU's low-carbon energy transition.

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Drax released a first quarter trading update on April 21, discussing the company's progress with its biomass strategy, including the acquisition of Pinnacle Renewable Energy, the end of commercial coal generation, and sale of gas generation assets.

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SPOTLIGHT: Bridging the Gap: Refractory Technology and Expertise

By REBL Refractories Evaluations Laboratory

April 20, 2021

REBL Refractories Evaluations Laboratory Ltd. has gained considerable experience over its 25-plus year history with major industrial projects throughout Canada and the U.S.

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Selecting the right project team for your facility during upset conditions or outages is not to be taken lightly.

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Lignetics buys Great Lakes Renewable Energy

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By Generational Capital Markets

April 20, 2021

Generational Capital Markets has announced the sale of its client, Hayward, Wisconsin-based Great Lakes Renewable Energy Inc., to Lignetics Inc., a residential wood pellet producer headquartered in Colorado. The acquisition closed on March 31.

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Reps. David Schweikert, R-Ariz.; Brad Wenstrup, R-Ohio; and Carol Miller, R-W.V., on April 19 joined House Minority Leader Kevin McCarthy, R-Calif., in announcing a bill to improve and extend the 45Q tax credit for carbon capture and sequestration.

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The Massachusetts DER is seeking public comments on two new proposed revisions to the state's RPS pertaining to biomass that would implement an efficiency requirement and prevent biomass projects in certain areas from qualifying for the RPS program.

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A group of 50 former House and Senate leaders representing 42 states on April 20 sent a letter to Gina McCarthy, President Biden's national climate advisor, in support of the administration's dedication to building back better for a green future.

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The U.K. Department for Business, Energy and Industrial Strategy on April 20 opened a public consultation seeking evidence on how sustainable biomass should be sourced and used to support the country's net-zero target.

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CharTech Solutions, an operating group of CHAR Technologies, has proprietary high-temperature pyrolysis (HTP) technology which converts woody-biomass and challenging organic waste streams into three renewable and valuable outputs.

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The U.S. Energy Information Administration recently released data showing U.S. manufacturers produced approximately 760,000 tons of densified biomass fuel in December, with sales reaching 930,000 tons.

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A new FutureMetrics white paper explains why repurposing existing pulverized coal power plants to run on industrial wood pellets is a rational and pragmatic solution to generate on-demand electricity as we decarbonize the power sector.

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Ethanol Producer Magazine has announced the preliminary agenda for the 2021 International Fuel Ethanol Workshop & Expo (FEW) taking place July 13-15, 2021 at the Iowa Events Center in Des Moines, Iowa.

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Drax Group plc, Enviva and Vanguard Renewables are among 310 businesses and investors that have signed an open letter to President Biden urging his administration to reduce GHG emissions by at least 50 percent below 2005 levels by 2030.

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Drax Group plc announced on April 13 that it has completed the previously announced acquisition of Pinnacle Renewable Energy Inc. The transaction increases Drax's annual wood pellet production capacity to 4.9 million metric tons from 2022.

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Drax Group plc released the results of a new study on April 12 that shows its planned BECSS projects will save the U.K. more than £4.5 billion ($6.18 billion) over the next decade as the country works to meet its climate goals.

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Solace announced on April 8 that Drax Group plc has selected its event streaming and management technology to make its IT architecture more efficient, agile and to help reduce the cost of delivery.

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The Surface Transportation Board has announced a meeting of the Rail Energy Transportation Advisory Committee will be held on April 22 virtually via zoom. The meeting is open to the public, but advanced registration is required.

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The DOE on April 8 announced it will award $61.4 million to support the development and demonstration of bioenergy projects, including those focused on marine and aviation fuels, cellulosic sugars, separations technologies, wood heating, and RNG.

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Pinnacle Renewable Energy Inc. announced on April 6 that the company has obtained a final order from the Supreme Court of British Colombia approving its acquisition by U.K.-based Drax Group. The transaction is expected to close April 13.

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The U.S. exported 556,801.7 metric tons of wood pellets in February, up from 546,435.2 metric tons during the same month of last year, but down from 599,624.2 metric tons in January, according to data released by the USDA on April 7.

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The U.S. Energy Information Administration released its latest Short-Term Energy Outlook on April 6, predicting that 21 percent of U.S. electricity generation will come from renewable sources this year, increasing to 22 percent next year.

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Japan-based Renova Inc. announced on April 1 construction is underway on its Omaezakikou Biomass Power Plant, a 75-megawatt (MW) facility under development approximately 150 miles southwest of Tokyo in Omaezaki and Makinohara, Shizuoka Prefecture.

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Pinnacle Renewable Energy Inc. and Drax Group plc. on March 31 each announced shareholder approval for the planned acquisition of Pinnacle by Drax. The transaction is expected to close in April 2021.

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