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Drax plans another Mississippi pellet plant

May 21, 2014

BY Anna Simet

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Maine Pellet Fuels Association wins $100,000 to support market development

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By Erin Voegele

20 hours ago

PelletsBusinessPolicy

Maine Gov. Janet Mills on July 2 announced the award of a $100,000 grant to the Maine Pellet Fuels Association. The funding will support efforts to expand domestic markets for wood pellet fuel manufactured within the state.

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King Charles announced that the U.K. Parliament will soon introduce a bill to support the production of SAF via a revenue support mechanism during his July 17 speech that formally opened a new session of the British Parliament.

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The European Commission on July 2 approved, under EU State Aid rules, Sweden’s plans to provide up to EUR 3 billion in subsidies to support carbon capture and storage (CCS) projects focused on biogenic CO2.

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Revelyst on July 10 announced the sale of the assets of Fiber Energy Products, the company’s wood pellet manufacturer, to Lignetics, Inc. Fiber Energy began producing 100 percent all-natural wood pellet fuel in 2006.

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Wood pellet consumption in the EU fell by 1.2% last year despite increased production, according to a report filed with the USDA FAS Global Agricultural Information Network. EU wood pellet demand and production are both expected to increase in 2024.

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