Bord na Móna Abandons Plans For U.S. Wood Pellet Factory

State energy company Bord na Móna has dropped plans to spend €60 million building a wood pellet factory in the US. The news comes as the company prepares to announce plans designed to safeguard 2,100 jobs in the midlands by supplying fuel to power plants. Last year, Bord na Móna said it wanted to spend […]

State energy company Bord na Móna has dropped plans to spend €60 million building a wood pellet factory in the US. The news comes as the company prepares to announce plans designed to safeguard 2,100 jobs in the midlands by supplying fuel to power plants.

Last year, Bord na Móna said it wanted to spend €60 million building a factory in the US state of Georgia that would turn willow trees into pellets to be exported to the Republic as fuel for electricity generators.

It is understood that Bord na Móna has decided not to go ahead with this plan, as it has enough sources of biofuels closer to home in both Ireland and Europe.

The State company is likely to confirm that it will not go ahead with the proposal on Wednesday, when it will announce plans to develop its biomass business, part of its strategy to move from peat production while preserving jobs.

Bord na Móna is in talks with fellow State energy company, ESB, to supply it with biomass to fuel the latter’s two power plants in Lough Ree and west Offaly. Both currently burn peat, supplied by Bord na Móna, but must convert to a mix of both that fuel and biomass, basically wood or plants, by the end of next year.

From The Irish Times: https://www.irishtimes.com/business/energy-and-resources/bord-na-m%C3%B3na-abandons-plans-for-60m-wood-pellet-factory-in-us-1.3417441

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