Pellet Mill Press - March 5, 2019

BTU Act reintroduced in House, Senate A bipartisan group of lawmakers renewed efforts to establish an investment tax credit for high-efficiency wood heating installations in late February with the reintroduction of the Biomass Thermal Utilization (BTU) Act. READ MORE SHARE
Pinnacle reports record pellet sales for 2018 Pinnacle Renewable Energy Inc. has released fourth quarter 2018 financial results, reporting record pellet sales, new long-term pellet contracts, and discussing future expansion plans. The company also discussed a recent fire at its Entwistle plant. READ MORE SHARE
	Enviva reports progress with new plants, capacity increases Enviva Partners LP has released fourth quarter 2018 financial results, reporting strong financial performance during the three-month period and indicating progress with the development of new pellet plants and production capacity increases. READ MORE SHARE
Drax releases 2018 results, discusses plans to reduce pellet cost Drax Group plc has released fourth quarter 2018 results, reporting strong financial performance and highlighting the recent conversion of its fourth power generation unit to biomass and the successful start-up of a third pellet plant in the U.S. READ MORE SHARE
Senate confirms Wheeler as EPA administrator The U.S. Senate has voted 52 to 46 along party lines to confirm Andrew Wheeler as administrator of the U.S. EPA. Wheeler has held the post of acting EPA administrator since July 9, 2018, following Scott Pruitt’s resignation earlier that month. READ MORE SHARE
Drax: New opportunities created by power station rail project The partnership between Drax Power Station and Davis Wagon Services saw a new fleet of freight wagons designed and built by WH Davis Ltd. to deliver the biomass needed to produce renewable electricity for millions of homes. READ MORE SHARE