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Drax, GB Railfreight help keep the lights on during pandemic

PHOTO: Chris Davis

April 16, 2020

BY Drax Group

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USDA: US wood pellet exports top 938,662 metric tons in March

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By Erin Voegele

44 minutes ago

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The U.S. exported 938,662.3 metric tons of wood pellets in March, up from 696,692.9 metric tons in February and 909,787.1 metric tons in March of last year, according to data released by the USDA Foreign Agricultural Service on May 2.

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U.S. manufacturers produced approximately 830,000 tons of densified biomass fuels in January, according to the April edition of the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 650,000 tons.

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The U.S. Department of Energy 2023 Billion-Ton Report: An Assessment of U.S. Renewable Carbon Resources identifies sustainable forestry as a key pillar in the effort to increase the nation’s biomass production.

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Drax issues Q1 trading update

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By Erin Voegele

April 25, 2024

Drax Group plc on April 25 released a first quarter 2024 trading update, reporting that the company’s wood pellet production business has started the year well despite challenges. Drax Power Station also performed well during the quarter.

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The USDA on April 23 awarded more than $194 million in loans and grants through the agency’s Rural Energy for America Program. Biogas and bioenergy projects were among those selected to receive funding.

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