Pellet Mill Press - November 19, 2019

Pinnacle reports progress with plant improvement projects Pinnacle Renewable Energy released third quarter financial results on Nov. 12, reporting progress with upgrades at several existing wood pellet plants. Revenue also increased despite issues with ongoing sawmill curtailments in British Columbia. READ MORE SHARE
USDA: Pellet exports reach 626,472 tons in September The U.S. exported 626,471.8 tons of wood pellets in September, according to data published by the USDA Foreign Agricultural Service on Nov. 5. Exports were down when compared to August, but up from September 2018. READ MORE SHARE
	Agenda released for 2020 International Biomass Conference & Expo Biomass Magazine has announced the agenda for the 13th annual International Biomass Conference & Expo taking place February 3-5, 2020 at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee. READ MORE SHARE
Report: European pellet consumption, production up in 2019 The 28 European Union member states produced nearly 17 million metric tons of wood pellets last year and consumed nearly 27 million metric tons, according to date recently released by Bioenergy Europe. READ MORE SHARE
FutureMetrics paper discusses Japan, South Korea pellet markets A recent white paper published by FutureMetrics LLC discusses wood pellet markets in Japan and South Korea and provides insight into how policies in those countries impact power producers’ ability to pay for pellet fuel under long-term contracts. READ MORE SHARE
DOE: Biomass R&D technical advisory committee to meet Nov. 19-20 The U.S. Department of Energy has announced its Biomass Research and Development Technical Advisory Committee is scheduled to meet on Nov. 19-20 in Washington, D.C. The event is open to the public. READ MORE SHARE
Solariant closes financing on 50 MW biomass plant in Japan Solariant Capital and its equity parnters Chubu Electric Power Co. Inc., Mitsubishi UFJ Lease & Finance Co. Ltd., and Bio Fuel Co. Inc. recently announced financing has closed on a 50 MW biomass power generation project in Japan. READ MORE SHARE
EIA updates 2019, 2020 bioenergy production, capacity forecasts The U.S. Energy Information Administration released an updated Short-Term Energy Outlook on Nov. 13 predicting that non-hydro renewables will provide 10 percent of total U.S. utility-scale power generation this year, increasing to 12 percent in 2020. READ MORE SHARE
Trump nominates Brouillette to serve as energy secretary President Trump on Nov. 7 formally nominated current U.S. Deputy Secretary of Energy Dan Brouillette to serve as the next secretary of energy. Brouillette will replace current Secretary of Energy Rick Perry if confirmed by the U.S. Senate. READ MORE SHARE