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Vermont Affordable Heat Act becomes law

May 15, 2023

BY Erin Krueger

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EIA predicts 4% decline in households heated primarily with wood

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By Erin Krueger

10 hours ago

Thermal Pellets Business 

Approximately 1.622 million U.S. households are expected to use wood as a primary heating fuel in 2026, down 4% when compared to last year, according to the U.S. Energy Information’s annual Winter Fuels Outlook, released Oct. 6.

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The U.S. Energy Information Administration reduced its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Oct. 8. The production forecast for “other biofuel,” including sustainable aviation fuel (SAF), was maintained.

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Greenlane Renewables Inc. on Oct. 6 announced that the company has extended its $20 million standby letter of credit facility to Sept. 30, 2027. The facility is secured by a guarantee from Export Development Canada.

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XCF Global Inc. on Oct. 6 announced that XCF stockholders have approved the proposals necessary to complete the previously announced business combination involving XCF, DevvStream Corp. and Southern Energy Renewables Inc.

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New Zealand’s Energy Efficiency and Conservation Authority on Oct. 1 announced it is investing in five new wood energy aggregation facilities and four projects that aim to produce torrefied biomass and wood pellets.

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