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House passes Inflation Reduction Act

August 12, 2022

BY Erin Voegele

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Drax: Pellet segment achieves solid results for 2023 despite market challenges

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By Erin Voegele

12 hours ago

PelletsBusinessPowerUKCarbon Capture

Drax Group plc released 2023 financial results on Feb. 29, reporting its pellet production segment achieved robust performance in a challenging market environment. The company also discussed progress on its BECCS projects in the U.S. and U.K.

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A recent life cycle assessment highlights a notable 22% decrease in the carbon footprint associated with U.S. production of crude soy oil, which is a key feedstock for U.S. biodiesel, renewable diesel and SAF producers.

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The Pellet Fuels Institute discusses the importance of advocacy efforts and the upcoming Farm Bill.

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From power plants to steel mills to hospitals, the continued global push to decarbonize may lead to new market opportunities for wood pellet producers.

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Prairie Clean Energy is finding success in its pursuit of an environmentally sustainable solution to burning agricultural waste, beginning with flax straw waste pellets.

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