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Forest Service offers funding to support wood energy projects

October 18, 2023

BY Erin Krueger

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Drax produces record 4.2 million metric tons of wood pellets in 2025

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By Erin Krueger

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Pellets Power UK 

Drax Group plc on Feb. 26 released 2025 financial results, reporting record high pellet production. The company, however, is launching a strategic review of its Canadian pellet operations due to a constrained fiber market and low margins.

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The California Legislative Analyst’s Office, the state legislature’s nonpartisan fiscal and policy advisor, on Feb. 24 recommended state lawmakers do not move forward with California Gov. Gavin Newsom’s proposal to create a SAF tax credit.

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The Fond du Lac Band of Lake Superior Chippewa is celebrating the grand opening of its $3.1 million Brookston Community Center Biomass Heating System. The project was funded in part by a $2.49 million grant from the U.S. Department of Energy.

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U.S. EPA Assistant Administrator for Air and Radiation Aaron Szabo on Feb. 25 announced the agency has submitted the long-awaited rule to set 2026 and 2027 RFS RVOs to the White House Office of Management and Budget.

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