Novo BioPower CEO Brad Worsley describes the impact the family-owned biomass power plant has on the health of Arizona's ponderosa pine forests.
Archaea Energy Inc. on Oct. 17 announced that it has agreed to be acquired by bp for approximately $4.1 billion, including $3.3 billion in cash and $800 million of net debt. The transaction is expected to close before the end of the year.
Urban centers are expecting the current onslaught of EAB-killed wood to continue, but lost infrastructure will need rebuilding for woody biomass markets to rebound.
Renewables are expected to provide 22 percent of U.S. electricity generation this year, increasing to 24 percent in 2023, according to the U.S. Energy Information Administration's latest Short-Term Energy Outlook.
As the world's leading producer and supplier of sustainable biomass, Drax Group CEO Will Gardiner says the company is committed to ensuring the biomass it sources delivers positive outcomes for the climate, for nature and local communities.
The U.S. Department of Energy on Oct. 6 began accepting letters of interest from applicants for loans under a new $2.1 billion Carbon Dioxide Transportation Infrastructure Finance and Innovation program.
The U.S. exported 880,876 metric tons of wood pellets in August, up from 649,185.7 metric tons the previous month and 647,922.9 metric tons in August 2021, according to data released by the USDA Foreign Agricultural Service on Oct. 5.
SRP has approved a contract to continue purchasing renewable energy from a Nova BioPower, a biomass plant that will provide reliable baseload power while helping to cut the risk of devastating forest wildfires in northern Arizona.
Drax has agreed to acquire the remaining 10 percent minority interest in the Alabama Pellets LLC joint venture from Two Rivers Lumber Co LLC for $22 million. Alabama Pellets is comprised of the Aliceville and Demopolis pellet plants.
Missouri Gov. Mike Parson on Oct. 5 signed HB 3. The legislation, in part, retroactively extends the state's wood energy tax credit program from June 30, 2020, through June 30, 2028. Wood pellet producers are among those eligible to claim the credit
Enviva Inc. has published a white paper that discusses unlocking the future of biomass beyond fossil fuels into other industrial applications, including steel, cement, lime, chemicals, and sustainable aviation fuel (SAF), among others.
Drax Group plc is speaking out to correct inaccurate and misleading information contained in a BBC video report released on Oct. 3 that focuses on the company's production of wood pellet fuel in Canada.
TrustBIX Inc. is launching a biomass traceability pilot project with members of the BQNC. The project will demonstrate importance of biomass traceability for assuring product quality and important production attributes throughout the supply chain.
Clean power generation provider Mainspring Energy announced on Sept. 28 that it has entered into an agreement with Yolo County, California, to pilot a Mainspring Linear Generator running biogas at the Yolo County Central Landfill.
Nearly half of Danes have never heard of Denmark's largest source of renewable energy. The finding, reported in a study from the University of Copenhagen, is the first to explore Danish attitudes to woody biomass as an energy source.
Independent analysis by Oxford Economics has shown that last year renewable energy leader Drax contributed CA$1.1 billion towards the Canadian economy. The company has 10 wood pellet plants in British Columbia and Alberta.
Worldwide renewable energy employment reached 12.7 million last year, according to a report released by the International Renewable Energy Agency. Liquid biofuels, solid biomass and biogas accounted for a combined 3.44 million of those jobs.
Independent analysis by Oxford Economics has shown that Drax contributed £1.8 billion towards the U.K. economy and supported 17,800 jobs across the U.K in 2021. The company's operations in the U.K., U.S., and Canada generated £3.1 billion in GDP.
The Canadian government is seeking proposals for projects that will support the establishment of biomass supply chains to ensure that a steady and usable supply of sustainable feedstock is available to clean fuel production facilities.
Drax has signed an MOU with Respira under which Respira will be able to purchase up to 2 million metric tons of carbon dioxide removals (CDRs) from Drax over a five year period. The CDRs would be linked to a future BECCS project in North America.
A new study confirms that wood pellets in British Columbia are sourced entirely from sawmill and harvest residuals or from low-quality logs and bush grind rejected by other industries, according to the Wood Pellet Association of Canada.
Qnergy Inc. announced on Sept. 16 its first ever landfill deployment to abate methane, create clean electrical energy, and generate voluntary carbon credits. The company installed its PowerGen5650 product at a Maryland landfill.
California Gov. Gavin Newsom on Sept. 16 signed an expansive package of climate legislation, including a bill that extends for five years a requirement for electric investor-owned utilities to purchase energy from biomass generating facilities.
The U.S. Energy Information Administration recently released data showing U.S. manufacturers produced approximately 870,000 tons of densified biomass fuel in May, with sales reaching 890,000 tons.
The USDA on Sept. 14 announced it is investing up to $2.8 billion in 70 selected projects under the first pool of the agency's Partnerships for Climate-Smart Communities funding opportunity. Projects include those addressing RNG and SAF.
MEPs on Sept. 14 voted in favor of proposals for a revised RED. The proposals aim to raise the share of renewables in the EU's final energy consumption to 45 percent by 2030. They also address the use of woody biomass.
The White House hosted an event Sept. 13 to celebrate the Inflation Reduction Act, which was signed by President Biden on Aug. 16. Biden also issued an executive order on the implementation of the energy and infrastructure provisions of the IRA.
FutureMetrics LLC on Aug. 29 published a white paper that explains how the Inflation Reduction Act, signed by President Biden on Aug. 16, could support the implementation of bioenergy with carbon capture and storage (BECSS) in the U.S.
An Industrial Decarbonization Roadmap released by the DOE on Sept. 7 identifies four key pathways to reduce industrial emissions from American manufacturing, including through the use of biofuels, biobased feedstocks and CCUS.
Renewable electricity is expected to account for 22 percent of U.S. generation this year, increasing to 24 percent in 2023, according to the U.S. Energy Information Administration's latest Short-Term Energy Outlook, released Sept. 7.
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