February 7, 2020
BY Erin Krueger
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Wood pellet consumption in the EU is expected to expand by 2% this year, driven by increased residual use, according to a report filed with the USDA. That increased demand is forecast to result in a partial recovery of EU wood pellet imports.
Japan-based Renova Inc. on July 21 announced operations have been temporarily suspended at its 74.8-megawatt (MW) Tokushima Tsuda Biomass Power Plant for repair work. The facility is expected to resume operations soon.
New Energy Risk on July 7 announced the expansion of its existing partnership with Yilkins to extend insurance coverage under NER’s master policy to include Yilkins’ advanced pellet torrefaction process.
The assets of Louisiana-based Delta Biofuel are being offered for sale via auction. The company’s purpose-built biomass pellet plant located in Jeanerette, Louisiana, is designed to convert sugarcane bagasse into fuel pellets.
Renewables are expected to account for 26% of U.S. electricity generation this year, increasing to nearly 28% next year, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released July 7.