Pellet Mill Press - August 3, 2021

Drax reduces carbon emissions by more than 90% Drax Group plc on July 29 announced it has reduced its carbon emissions by more than 90 percent over the past decade and has made significant progress with its plans for bioenergy with carbon capture and storage (BECCS) over the past six months. READ MORE SHARE
Enviva provides update of expansion projects Enviva Partners LP released second quarter financial results on July 28, announcing progress with capacity expansion projects and reporting a 70 percent increase in net revenue when compared to the same period of 2020. READ MORE SHARE
	Report: Cooperation is best path forward for pellet industry FutureMetrics has published a white paper suggesting that cooperation between industrial wood pellet advocates and consortiums that advocate for wind power, solar power and energy storage will be the most effective way forward for policy development. READ MORE SHARE
DOE report predicts job growth in biofuels sector The U.S. Department of Energy on July 19 released its 2021 U.S. Energy Employment Report, which shows jobs in biobased fuels fell last year, but at a lower rate than overall job losses in the U.S. fuel sector. READ MORE SHARE
ITA: Renewable energy advisory committee to meet July 29 The U.S. Department of Commerce’s International Trade Administration has announced the Renewable Energy and Energy Efficiency Advisory Committee will hold a virtual meeting via WebEx on July 29. The event is open to the public. READ MORE SHARE
Drax Group’s Pinnacle donates $50,000 to wildfire-hit communities Pinnacle, part of Drax Group, is donating C$50,000 to Canada’s Red Cross to support relief efforts for small communities hit by recent wildfires in Canada’s western-most province of British Columbia. READ MORE SHARE