Big Island Utility Signs Contract To Buy Biomass

Hawaii Electric Light Company has agreed to purchase biomass electricity on the Big Island. The Big Island utility and Hu Honua Bioenergy recently announced the signing of a power purchase agreement to provide the island with 21.5 megawatts of renewable energy. Over the 20-year term of the agreement, Hu Honua would supply electricity at pricing […]

Hawaii Electric Light Company has agreed to purchase biomass electricity on the Big Island.

The Big Island utility and Hu Honua Bioenergy recently announced the signing of a power purchase agreement to provide the island with 21.5 megawatts of renewable energy.

Over the 20-year term of the agreement, Hu Honua would supply electricity at pricing not tied to the price of oil.

The company is converting the former Pepeekeo Sugar Mill into a generation facility using renewable biofuel, including locally grown biomass such as eucalyptus. Hu Honua estimates supplying about 10% of the island’s electricity needs.

The agreement requires approval by the Hawaii Public Utilities Commission, with input from the state Division of Consumer Advocacy.

From Hawaii News Now: http://www.hawaiinewsnow.com/story/18581959/big-island-utility-signs-contract-to-buy-biomass

Tags: , , , , , ,

POST A COMMENT

Your email is never published nor shared. Required fields are marked *

*
*

Subscribe

Looking to subscribe to Wood Bioenergy magazine? It's simple, just follow the link to our online subscription form and complete the required fields and submit. If you'd rather talk to a real live human being, feel free to give us a call at (800) 669.5613'

Contact

To contact Wood Bioenergy magazine, either call (334) 834-1170 or email us at [email protected]

TAG CLOUD