U.S. Energy Information Administration
May 11, 2017
BY Erin Krueger
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2025 will be a pivotal year for the biocarbon and biocoal markets, but some hurdles still remain.
Japan-based Renova Inc. on Sept. 30 announced its 49.9 megawatt (MW) Karatsu Biomass Power Plant commenced operations on Sept. 27. The facility is fueled with wood pellets and palm kernel shells (PKS).
Shell’s recent decision to cancel its Rotterdam biorefinery project will be costly, according to a third quarter update note published by the company on Oct. 7. Shell expects to write down approximately $600 million due to the cancellation.
Green Carbon Development, led by Process Technical Services, announced on Oct. 2 that it has selected Axens Vegan technology for its upcoming renewable fuels facility. The 10,500 BPSD facility will produce SAF and renewable diesel.
France-based Waga Energy on Sept. 29 released financial results for its fiscal half year, the six months ended June 30, reporting a 7% increase in total revenue, which was driven by a 39% increase in renewable natural gas (RNG) production revenues.