On Feb. 27, Drax Group plc released 2017 financial results, reporting improved earnings from biomass generation and Opus Energy. During an investor presentation, the company provided insight into its future bioenergy plans.
The EU pellet industry may have more growing to do, but just how much, only time and policy will tell.
John Keppler, Enviva's chairman and CEO, discusses the European wood pellet market, expansion plans and future opportunities.
On Jan. 29, the U.K. government released its response to a consultation on proposed amendments to the Non-domestic Renewable Heat Incentive, confirming its intention to restrict certain types of fuel drying that are supported under the RHI.
Members of the European Parliament endorsed a set of proposals Jan. 17 that set new goals for renewable energy, energy efficiency and renewable transportation fuels. The proposals also cap first-generation biofuels and phase-out the use of palm oil.
The U.K. government issued its response to a consultation on cost control for additional biomass conversions under the RO, noting it will introduce a generator cap. Drax said the government's action will allow it to convert a fourth unit to biomass.
Foresight Group LLP has acquired of an operational portfolio of two large scale anaerobic digestion plants and seven composting assets in the U.K. for an undisclosed sum. The AD plants have a combined 2.8 MW of capacity.
The U.K. government has confirmed how it intends to phase-out unabated coal-fired power generation by 2025. In response to the news, the U.K. Renewable Energy Association is calling on the government to support additional coal-to-biomass conversions.
U.K.-based Active Energy Group has announced initial testing of its 5-ton-per-hour CoalSwitch plant in Utah was successfully completed on Dec. 29. The company also indicated the plant is currently undergoing commissioning.
Veolia is helping Scottish Water achieve energy self-sufficiency at its Seafield Wastewater Treatment Works. Veolia has helped the site boost renewable energy derived from a combination anaerobic digestion of sludge and biogas-fired CHP plants.
The U.K. Department for Business, Energy & Industrial Strategy released updated energy statistics in late December, reporting that the share of low carbon electricity accounted for a record high of 54.4 percent during the third quarter of 2017.
Enviva has announced a new joint venture (JV) with affiliates of The John Hancock Life Insurance Co. to acquire, develop and construct pellet plants and deep-water marine terminals. A South Carolina facility is expected to be the first acquisition.
Covanta Holdings Corp. and the U.K.-based Green Investment Group Ltd., a subsidiary of Macquarie Group Ltd., have entered into a partnership to develop, fund and own energy-from-waste (EFW) projects in the U.K. and Ireland.
Drax Group plc has announced an unplanned outage on the rail unloading facilities at Drax Power Station is restricting biomass deliveries to plant. Drax also said generation on two biomass-fired units has been reduced.
The U.S. Energy Information Administration has released the December edition of its Monthly Densified Biomass Fuel Report, announcing respondents reported producing 433,464 tons of utility pellets and 133,344 tons of heating pellets in September.
Drax Biomass Inc. has begun start up production at its newest facility, LaSalle BioEnergy in Urania, Louisiana. The facility is the third pellet plant in DBI's portfolio and has an annual capacity of 450,000 metric tons.
The University of Nottingham is partnering with the Energy Research Accelerator and CPL Industries to produce a commercial-scale facility capable of converting biomass into next-generation solid fuels with coal-like properties.
The American Forest Foundation and Enviva Holdings LP have partnered to help private forest landowners across the Florida panhandle certify their forests are sustainably managed, and restore longleaf pine forests to improve wildlife habitat.
Countries representing half of the global population and 37 percent of the global economy agreed to scale up the low-carbon bioeconomy, and develop collective targets prescribing the contribution of sustainable bioenergy to final energy demand.
Canada's National Energy Board has announced Canadian wood pellet exports increased by 46 percent between 2015 and 2016. The growth is attributed to growing global demand for biomass-fired electricity generation to replace coal-fired generation.
Rentech Inc. released third quarter financial results on Nov. 9. The results were released roughly one month after announcing its shares would be removed listing on the Nasdaq Capital Market and be moved the OTCQB market, effective Oct. 16.
Enviva Partners LP has released third quarter financial results, reporting net income of $131.5 million, up 18.7 percent. Included in the net revenue were product sales of $125.4 million on a volume of 668,000 metric tons of wood pellets.
Drax Biomass, a leading manufacturer of sustainably sourced compressed wood pellets, has received The Governor's Award for Excellence in Exporting—New to Export Category for its dedication and commitment to Mississippi communities.
Stobart Group Ltd. has released interim results for the six months ended Aug. 31, reporting its Stobart Energy division was impacted by continued delays in the commissioning of third-party power plants in Europe.
Docking at the Port of Tyne, the bulk cargo vessel St. Dimitrios has discharged the biggest cargo of wood pellets ever handled at the port. In total, 62,000 metric tons of wood-pellets will be unloaded over five days.
Drax has agreed to sell Billington Bioenergy, a distributor of wood pellets in the U.K. heating market, to Aggregated Micro Power Holdings, an energy company specializing in the sale of wood fuels and the development of distributed energy assets.
British energy business Drax Group contributed almost £1.7 billion towards U.K. GDP in 2016 and supported over 18,500 jobs across the country. The findings were revealed in a new report looking at the economic impact of Drax's U.K. operations.
The U.S. Energy Information Administration recently released the October edition of its Monthly Densified Biomass Fuel Report, noting the 88 facilities that submitted data produced 576,521 tons of pellets in July.
Drax Group plc recently announced that Will Gardiner will be appointed as group chief executive, effective Jan. 1. His appointment follows Dorothy Thompson's decision to step down from the position at the end of the year.
The U.K. government is seeking public comments on two proposed options aimed at controlling costs of non-grandfathered biomass conversion and co-firing units under the Renewables Obligation.
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