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Astec talks pellet plant orders in Q2 earnings call

Astec

July 22, 2015

BY Anna Simet

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Drax introduces intuitive biomass supply chain navigation with map view

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By Drax Group plc

3 hours ago

Pellets UK Power 

Drax on Sept. 30 introduced a new interactive map feature for its Biomass Tracker tool that visualizes the journey that sustainably sourced woody biomass takes through the company’s global supply chain.

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Approximately 1.622 million U.S. households are expected to use wood as a primary heating fuel in 2026, down 4% when compared to last year, according to the U.S. Energy Information’s annual Winter Fuels Outlook, released Oct. 6.

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New Zealand’s Energy Efficiency and Conservation Authority on Oct. 1 announced it is investing in five new wood energy aggregation facilities and four projects that aim to produce torrefied biomass and wood pellets.

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The USDA on Sept. 30 published a final rule that fundamentally changes the structure and administration of REAP. The program will now require projects to be fully built and operational before an application can even be filed.

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Drax Group plc on Sept. 17 released a half-year trading update, noting the company has now substantively contracted all external volumes of biomass fuel required for Drax Power Station during the period of its new low-carbon CfD agreement.

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