Pellet Mill Press - July 19, 2022

USDA: US wood pellet exports at 740,605 metric tons in May The U.S. exported 740,605 metric tons of wood pellets in May, up from both 659,071 metric tons the previous month and 513,608 metric tons in May 2021, according to data released by the USDA Foreign Agricultural Service on July 7. READ MORE SHARE
Drax submits plans to build world’s largest CCS project Renewable energy company Drax has submitted plans to build the world’s largest carbon capture facility at its North Yorkshire power station. The company plans to invest £2 billion in the 2020s in its plans to develop two BECCS units. READ MORE SHARE
	DOE report shows biofuel, bioenergy employment increased in 2021 The U.S. Department of Energy on June 28 released its 2022 U.S. Energy and Employment Report, which includes new data on employment in the biofuels and bioenergy sectors. In general, employment in these sectors was up when compared to 2020. READ MORE SHARE
Enviva celebrates National Forest Week This year's National Forest Week kicked off July 11. In celebrtation of the event, Enviva President Thomas Meth discusses the importance of the U.S. National Forest System and it all it provides and has to offer. READ MORE SHARE
Drax expands its operations into Asia U.K.-based renewable energy company Drax Group is expanding its operations into Japan as part of its ambitions to increase sustainable biomass sales to support energy security and decarbonization in Asia. READ MORE SHARE
USIPA comments on ITRE Committee REDIII vote USIPA applauds the Committee on Industry, Research and Energy (ITRE) for putting forth increased climate ambitions in it's vote on the RED, but is calling on the European Parliament to address overly restrictive language on woody biomass. READ MORE SHARE
MOL Drybulk, Drax launch green shipping initiative Leading renewable energy company Drax Group and Japanese shipping company MOL Drybulk Ltd. are working together to reduce the emissions and fuel costs associated with shipping biomass by deploying wind power technology on its vessels. READ MORE SHARE
EIA: Densified biomass fuel sales reach 880,000 tons in March The U.S. Energy Information Administration recently released data showing U.S. manufacturers produced approximately 920,000 tons of densified biomass fuel in March, with sales reaching 880,000 tons. READ MORE SHARE
Drax takes action to secure UK power supply this winter Drax on July 6 announced it is continuing to optimize its biomass generation and logistics and will temporarily extend the life of its coal generation assets in response to increased pressure on European gas markets. READ MORE SHARE
EIA updates bioenergy production, capacity forecasts Renewables are expected to account for 22 percent of U.S. electricity generation this year, increasing to 24 percent in 2023, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released July 13. READ MORE SHARE