
SOURCE: Drax Group
February 13, 2024
BY Drax Group
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U.S. manufacturers produced approximately 930,000 tons of densified biomass fuel in May, according to the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 900,000 tons during the month.
The U.K. is expected to consume a record 10.35 million metric tons of wood pellets in 2026, requiring an estimated 10.15 million metric tons of imports, according to a report filed with the USDA FAS Global Agricultural Information Network.
The U.K. Environment Agency on Aug. 14 formally granted Drax Power Ltd. a permit change that will allow carbon capture to be implemented at Drax Power Station. Drax first applied for the permit variation in May 2023.
The U.S. Forest Service on Aug. 5 warded $105.5 million in wood innovation grants to 177 projects across the nation. Funded projects include those focused on biochar, bioenergy and wood pellet production.