September 3rd, 2024

Ofgem’s Drax investigation finds no harm to consumers, Drax agrees to pay £25M into voluntary redress fund

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By Erin Voegele

a few seconds ago

PelletsPowerBusiness

Ofgem closed its investigation into Drax’s biomass profiling data, finding two technical errors. Ofgem found no evidence that Drax’s biomass is not sustainable or that Drax was issued ROCs incorrectly. Drax has agreed to voluntarily pay £25 million.

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The U.S. DOE on Aug. 28 released its annual U.S. Energy and Employment Report, reporting that bioenergy electric power generation (EPG) jobs were up slightly last year. Employment in wood biomass and cellulosic fuels were also up.

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SAF Magazine has announced the six companies selected to pitch to a group of investors at Pitch Day at the 2024 North American SAF Conference & Expo, taking place Sept. 11-13 at the Saint Paul RiverCentre in Saint Paul, Minnesota.

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U.S. manufacturers produced approximately 910,000 tons of densified biomass fuels in May, according to the August edition of the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 840,000 tons.

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Japan Petroleum Exploration Co. Ltd. (JAPEX) in August announced that the 50-megawatt (MW) Ozu Biomass Power Plant has commenced commercial operations. The facility is fueled with wood pellets.

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A researcher at Brown University has been awarded a five-year $5.8 million grant from the National Institute of Environmental Health Sciences to conduct air-quality and community noise research related to wood pellet plants.

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The Canadian government on Aug. 19 announced it will award up to C$6.59 million to Bioindustrial Innovation Canada to support the development of technologies to produce bioenergy, biofuels and biomaterials.

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DB Cargo U.K. has announced that all trains it operates for Drax Group in and out of the U.K.’s largest renewable energy plant near Selby, will be powered by environmentally friendly hydro-treated vegetable oil (HVO).

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