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IRS issues final rule for 45Q tax credit

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By Erin Krueger

January 07, 2021

Advanced Biofuels Biogas Pellets Power Thermal 

The U.S. Treasury Department and the IRS on Jan. 6 issued final regulations regarding the section 45Q tax credit for qualified carbon oxide sequestration. The Carbon Capture Coalition said the rule provides overdue regulatory and financial certainty.

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Enviva Forest Conservation Fund seeks 2021 proposals

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By U.S. Endowment for Forestry and Communities

January 06, 2021

The U.S. Endowment for Forestry and Communities on Dec. 15 released a new request for proposals (RFP) for the Enviva Forest Conservation Fund. Approximately $500,000 is expected to be awarded under the fund for 2021.

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The Department of Energy on Jan. 6 released its “Energy for Space� strategy, which states that knowledge gained through advances in genomic science will enable the development of sustainable biomass for energy and agriculture in space environments.

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FutureMetrics LLC published a new white paper on Dec. 30 that shows bioenergy carbon capture and storage (BECSS), when used with sustainably sourced biomass fuels, can achieve significant carbon-negative outcomes.

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President Trump on Dec. 27 signed a legislative package that includes tax extenders, $900 billion in COVID-19 relief, and government funding, averting a government shutdown and providing a new tax credit for residential wood heating.

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Drax Biomass is donating a total of $20,000 to help communities in northern Louisiana rebuild two hurricane-damaged public buildings, including Urania's recreation hall and the public pavilion in the town of Olla.

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Wood pellet producer Enviva and GoChain, a blockchain company, on Dec. 21 announced the initial results of a pilot program designed to enhance the traceability of sustainable biomass. Enviva said the pilot could augment accuracy of its T&T system.

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The $900 billion COVID-19 relief package passed by Congress on Dec. 21 includes provisions of the BTU Act and will enact a three-year investment tax credit (ITC) for high-efficiency home heating equipment that fires wood pellets, chips or cordwood.

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CV Technology has released a new explosion isolation device, the Interceptor-QV. It uses a system where a differential pressure switch continuously monitors the pressure drop across the mesh cartridge, alerting operators if buildup of dust occurs.

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President-elect Joe Biden is expected to announce Michael Regan as his nominee to serve as administrator of the U.S EPA. Representatives of the biofuels industry are expressing hope that Regan will bring a change in philosophy to the agency.

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The U.S. Energy Information Administration recently released data showing U.S. manufacturers produced approximately 840,000 tons of densified biomass fuel in August, with sales reaching 780,000 tons.

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Drax on Dec. 15 announced it has reached an agreement to sell its natural gas-fueled power generation assets. The company said it will use the proceeds from the sale to develop its biomass supply chain and support its plans to become carbon negative.

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The U.K. government on Dec. 14 published a white paper that describes how the country will clean up its energy system and reach net zero emissions by 2050. BECSS and RNG will play an integral role in reaching that goal.

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The U.S. EPA on Dec. 9 released a final rule that changes the way the agency will consider the costs and benefits of all significant Clean Air Act rulemakings. The EPA said the impacted rulemakings will be accompanied by a benefit-cost analysis.

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President-elect Joe Biden has announced he will nominate Tom Vilsack as secretary of agriculture. Vilsack is a former two-term governor of Iowa who served as secretary of agriculture during all eight years of the Obama-Biden administration.

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A 108-megawatt (MW) coal-fired power plant located on an island in the Indian Ocean located approximately 500 miles east of Madagascar will soon be converted to biomass, according to France-based power producer Albioma.

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Highland Pellets LLC has announced a strategic capital partnership with Orion Energy Partners L.P. to fund the expansion and upgrade of its existing wood pellet facility in Pine Bluff, Arkansas, and provide capital for growth initiatives.

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Pinnacle: Pellet production begins at High Level mill

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By Pinnacle Renewable Energy

December 09, 2020

Pinnacle Renewable Energy announced on Dec. 8 it has commenced initial pellet production at its newly constructed facility in High Level, Alberta, which is owned 50 percent by Pinnacle and 50 percent by Tolko Industries Ltd.

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The U.K. Climate Change Committee on Dec. 9 released its Sixth Carbon Budget, which provides guidance on GHG reductions needed achieve net zero emissions. The budget shows BECCS is one technology necessary to meet the U.K.'s GHG goals.

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The U.S. Department of Energy, Office of Energy Efficiency has introduced the EERE Program Information Center, EERE's new portal for funding opportunities. Several training opportunities on the new system are available in December and January.

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Several biofuel and bioenergy groups are among nearly 70 trade organizations that sent a letter to congressional leadership last month urging the passage of tax extenders legislation before the 116th Congress adjourns sine die.

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Enviva Partners LP on Dec. 2 announced that its first shipment of sustainable wood pellets is on its way from Port Panama City in Florida to Japan's Iwakuni Port. The shipment consists of approximately 28,000 metric tons.

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The EIA is inviting public comments on a proposed three-year extension of its form to collect data for the Densified Biomass Fuel Report, which features data on the manufacture, shipment, export, energy characteristics and sales of densified biomass.

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Japanese energy company Idemitsu Kosan Co. Ltd. announced on Nov. 30 a groundbreaking ceremony for its 50 megawatt (MW) Tokuyama biomass plant, a facility under development in Shunan City, Yamaguchi Prefecture.

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U.K.-based Hive Energy recently announced it has partnered with South Africa-based iLive Sustainable Development and the Netherlands-based Partners for Innovation to take over and restore a wood pellet export plant in Africa.

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The USDA's Rural Business-Cooperative Service is soliciting applications for FY 2021 funding under the Rural Energy for America Program. Biomass energy systems, including biogas and anaerobic digesters, are among those eligible for the program.

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The Hearth, Patio and Barbecue Association posted a notice to its website on Nov. 18 announcing it has received confirmation from the U.S. EPA that the agency will not be providing a sell-through period for Step 1 residential wood heating appliances.

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Canfor announced on Nov. 17 it has reached multi-year $30 million agreements with pellet producer Peak Renewables involving the sale of the company's forest tenure in the Fort Nelson region of British Columbia.

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Japan imported a record 1.6 million metric tons of wood pellets last year, according to a report filed with the USDA FAS Global Agricultural Information Network. Wood pellet imports for 2020 are expected to reach 2.1 million metric tons.

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The U.K. government on Nov. 24 confirmed that coal-to-biomass conversion projects will be excluded from future allocation rounds under its CfD scheme. Dedicated biomass with combined-heat-and-power (CHP) will continue to be eligible.

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