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EU announces bioenergy funding under 2 major initiatives

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By Erin Krueger

July 10, 2014

Advanced Biofuels Chemicals Pellets Power Thermal UK 

The European Union has announced funding under two major initiatives that will benefit bioenergy projects, including EUR 1 billion in NER 300 funding and a new public-private partnership that aims inject EUR 3.7 billion into the biobased economy.

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Protocol Biomass Corp.'s proposed pellet mill for Prescott, Ontario, is nearing the final planning stages. With fiber supply, offtake and financing in place, project engineers are finalizing equipment and contractor arrangements.

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The U.K. Department of Energy and Climate change has released Renewable Heating Incentive and Renewable Heat Premium Payment data for May. The program provides financial incentives to increase the production and use of renewable heat.

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E.ON UK plc has announced that its Blackburn Meadows biomass facility in Sheffield, England, generated electricity and synchronized with the local distribution network for the first time on June 24.

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U.K.-based React Energy plc has issued an operational update and announced the issuance of a GBP 1.5 million ($2.55 million) secured loan note. The company is developing several biomass power projects and recently entered the biomass thermal space.

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Celtic Renewables, a U.K.-based biofuel company, has signed an agreement with Europe's foremost biotechnology pilot facility to undergo next stage testing of its process to turn whisky by-products into biofuel that can power current vehicles.

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The U.K. Green Investment Bank recently released its 2013-'14 annual report and announced new funding to help small and medium enterprises make investments in energy efficiency, including biomass boilers.

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Vega Biofuels Inc. has entered into an agreement with Austrian-based ECEM Salzburg Energy and Environment Consulting GmbH to sell 50,000 tons of bio-coal each year for the next five years. The deal will generate approximately $57 million in revenue.

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Drax Biomass, a wholly owned U.S. subsidiary of Drax Group plc, may elect to develop a new pellet plant in Abbeville County, South Carolina. The county recently passed an ordinance that would allow the company an option to purchase a tract of land.

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The European Investment Bank is providing a EUR 260 million ($353.68 million) loan to the energy company Fortum Varme for the design, construction and operation of a new biomass combined-heat-and-power (CHP) plant.

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The second part of an account of a week long excursion to better understand the forestry sector, forest landowners and the ways in which forested acres are managed, at incredible scale.

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On June 10, Zurich, Switzerland-based Alter Energy Group AG announced it has signed a letter of intent to acquire a pellet plant located in North Carolina. According to Edward Klaeger, CEO of AEG, the acquisition is expected to close in early August.

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The World Bioenergy Association recently released a report, titled "WBA Global Bioenergy Statistics 2014," that determined renewables contributed 18.3 percent of the global energy mix, with bioenergy alone contributing approximately 14.1 percent.

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The U.K. Department of Energy and Climate Change has announced eight renewable energy projects have officially signed the first contracts under the government's electricity market reforms. The list includes previously-announced biomass projects.

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Midland Bio Energy Ltd., a wood pellet company in Warwickshire, England, has invested GBP 20,000 ($27,319) in new handling and screening equipment to improve the quality of the pellets they deliver and efficiency of the operating systems.

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Previewing a week long, whistle-stop tour through the deep South's robust inventory of forests, networking with landowners and UK power generators.

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The Stobart Group Ltd. recently reported financial results for the fiscal year ended Feb. 28. The company's biomass operations increased supplied tonnage by 41 percent during the year, reaching more than 900,000 metric tons.

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On June 3, France-based Deinove announced a collaboration agreement with Abengoa and a separate research and development agreement with Suez Environnement Group. The company is developing a bacterial platform for biofuel and biochemical production.

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The U.K. government has announced changes to the country's non-domestic renewable heat incentive (RHI). The changes introduce new technologies to be covered introduce new technologies to be covered by the scheme and new tariffs.

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Canadian wood pellet manufacturer Viridis Energy Inc. released its Q1 financial results, reporting that despite a six-week trucking strike and extreme weather, the company increased revenue by 143 percent from Q1 2013.

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EIA: U.S. wood pellets doubled in 2013 due to European demand

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By U.S. Energy Information Administration

May 23, 2014

Wood pellet exports from the United States nearly doubled last year, from 1.6 million short tons (approximately 22 trillion Btu) in 2012 to 3.2 million short tons in 2013. More than 98 percent of these exports were delivered to Europe.

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AEG Pelleting Ltd., a subsidiary of Active Energy Group plc, is unveiling a revolutionary biomass fuel granulating solution that converts industrial and agricultural byproducts into biomass granules for use in boilers and power plants.

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A unit Drax Group that is currently constructing a 450,000-ton wood pellet production facility near Gloster, Miss., is planning to build an additional facility roughly 40 miles away in Magnolia, Miss., according to documents filed with the state.

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Pellet Press is re-branded and now twice monthly. Pellet Industry an intricate web of interconnected producers and buyers. Seeking sources for future big box retailers as pellet distributors story.

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The U.K. Green Investment Bank recently announced a GBP 7.5 million ($12.63 million) commitment in a new GBP 15 million anaerobic digestion and green waste composting plant in Enfield, just outside London.

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Sweden and Minnesota are moving full speed ahead on a partnership that is serving to address complex and challenging issues concerning sustainable energy and transportation. A May 19 seminar brought stakeholders together to discuss the initiative.

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An Airbus A330-200 of KLM Royal Dutch Airlines has commenced the longest commercial flight with sustainable jet fuels ever performed by an Airbus aircraft. The aircraft took off with a 20 percent blend of sustainable fuel made of used cooking oil.

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The International Renewable Energy Agency (IRENA) has published a study that determined 6.5 million people were employed by the renewable energy globally last year. The report highlights the role that renewables play in the global economy.

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GE Power & Water's Distributed Power business has announced Clarke Energy,has been selected to supply U.K. waste management company Biffa with eight of GE's Jenbacher landfill gas engines.

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While revenues attributed to its wood fiber business represented just one-third of Rentech's first quarter revenues, CEO Hunt Ramsbottom opened the Q1 investor call with a point-by-point update of the company's rapidly expanding wood fiber business.

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