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JAPEX: Ozu Biomass Power Plant begins commercial operations

The 50-megawatt (MW) Ozu Biomass Power Plant began commercial operations in August 2024. / SOURCE: JAPEX

August 22, 2024

BY Erin Voegele

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Researchers model impact of European Union Deforestation Regulations on pellet production, trade

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By Erin Krueger

7 hours ago

Pellets Markets Policy Business 

Researchers at the U.S. Forest Service’s Southern Research Station and Louisiana State University have published a paper that investigates how the European Union Deforestation Regulations could alter global wood pellet trade patterns.

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The M.V. Ultra Yorkshire, a Handymax carrier, which was launched and named as part of Drax Power Station’s 50th anniversary celebrations, docked for the first time in the U.K. The vessel is operated by Ultrabulk.

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The USDA is formally rescinding a notice of funding opportunity issued in October 2024 for FY 2025, 2026 and 2027 Rural Energy for America Program funding. Any applicant without a fully executed financial assistance agreement will have to reapply.

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Seeing investment tax credits (ITCs) for biomass projects come into effect is a welcome, long-overdue step for Canada’s forest sector. After years of uncertainty, the measure offers a starting point to restore investor confidence, according to FPAC.

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