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: Big Island, Hawaii biomass, Hawaii Electric Light Company, Hawaii Public Utilities Commission, Hawaii renewable electricity, Hu Honua Bioenergy, Pepeekeo Sugar Mill
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