New UK Plant To Use U.S. Chips

MGT Power Limited has received approval from the British government to proceed with the development of a 295 MW biomass electricity plant, Tees Renewable Energy. The $815m plant will use 2.65 million tons of wood chips per year, which it will source from certified sustainable forestry projects developed by the MGT team and partners in […]

MGT Power Limited has received approval from the British government to proceed with the development of a 295 MW biomass electricity plant, Tees Renewable Energy. The $815m plant will use 2.65 million tons of wood chips per year, which it will source from certified sustainable forestry projects developed by the MGT team and partners in North and South America (including Southeast U.S.), the Baltic States and other locations.

According to MGT Power officials, the plant will generate enough electricity to meet the needs of approximately 600,000 homes and will be one of the largest biomass plants in the world, and one of the largest of all renewable energy projects.  The Tees Renewable Energy Plant will begin commercial operation in late 2012.

The Tees Renewable Energy Plant will create 600 jobs during the three year construction period, 150 permanent jobs during the station’s lifetime, and, once operating, will contribute about $49 million annually into the regional economy.

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