February 21, 2013
BY Erin Voegele
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Rep. John Garamendi, D-Calif., and Sen. Angus King, I-Maine, on March 11 each introduced legislation that aims to allow facilities generating renewable electricity from forest biomass, such as woodchips or sawdust, to participate in the RFS.
Enviva Inc. on March 15 announced that the U.S. Bankruptcy Court for the Eastern District of Virginia has approved its previously announced $500 million debtor-in-possession (DIP) financing related to its Chapter 11 bankruptcy filing.
The U.S. Department of Commerce’s International Trade Administration has announced the Renewable Energy and Energy Efficiency Advisory Committee will hold a virtual meeting on March 21.
U.S. wood pellet producer Enviva Inc. on March 12 filed a voluntary Chapter 11 bankruptcy petition with the U.S. Bankruptcy Court for the Eastern District of Virginia in hopes of restructuring its approximately $1 billion in debt.
Renewables are currently expected to account for 24% of U.S. electricity generation in 2024, increasing to 25% in 2025, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released March 12.