Posts tagged with
Drax

Drax To Convert Fourth Coal-Fired Plant To Biomass

On June 6 Drax Power Station in Yorkshire, UK, took its fourth coal-fired power generating unit offline as it prepares to convert it to running on sustainable biomass. Drax has already converted half its power stations and ‘associated supply chain infrastructure’ to use sustainable biomass instead of coal. Having already invested £700 million into the […]

Drax Planning To Cut Cost Of Biomass Power By A Third

Drax CEO Will Gardiner told Reuters April 20 that the company plans to cut the cost of the electricity it generates by a third over the next decade. The goal is to reduce the company’s dependency on subsidies. Improvements cited by Gardiner are more efficient turbines and cheaper wood pellets. A spokesperson for Drax told […]

Japanese Demand A Boon For U.S. South Wood Pellet Manufacturers

Over the last decade, European utilities have learned that displacing coal with sustainable wood pellets is one of the most efficient means of meeting renewable energy and carbon emissions reduction targets, leading to significant demand growth in global wood pellet markets. Now, their counterparts in Asia are learning the same thing. To meet their growing […]

Drax Biomass Moving Corporate Headquarters To Louisiana

Drax Biomass, which operates two Louisiana wood pellet manufacturing facilities as well as a shipping operation in the Port of Baton Rouge, will move its corporate headquarters from Atlanta to Monroe. Company President Pete Madden said the move allows Drax “to shift to a more operationally focused business model.” “The relocation will position our headquarters […]

Drax’s Louisiana Biomass Facility Begins Wood Pellet Production

Drax Biomass Inc. (DBI) began start up production this week at its newest facility, LaSalle BioEnergy in Urania, Louisiana. “This is a very exciting moment, we have a dedicated and motivated work force that after months of upgrades, retrofits, and training is ready to produce,” said Pete Madden, President and CEO of Drax Biomass. “We […]

Drax Sells UK-Based Wood Pellet Distribution Business

Power giant Drax has agreed to sell its wood pellet distribution business, Billington Bioenergy (BBE), to Aggregated Micro Power Holdings, an AIM-listed energy company specializing in the sale of wood fuels and the developing of distributed energy assets. Drax said the consideration for the transaction was £2m (€2.24m), comprised of £1.6m of shares in AMPH […]

Retirement System To Make $26M Loan To Arkansas Wood Pellet Company

The Arkansas Teacher Retirement System will make a short-term loan of up to $26 million to Highland LLC, which operates a wood pellet manufacturing plant in the Pine Bluff industrial park near White Hall, the system’s board of trustees has decided. In July 2016, the system’s trustees authorized an investment of up to $25 million […]

First Wave Of Sponsors Announced For 2018 Wood Bio Conference & Expo

Organizers of the Wood Bioenergy Conference & Expo announced the first wave of exhibitor sponsors for the event to be held April 11-12, 2018 at the Omni Hotel at CNN Center in Atlanta, Georgia, USA. Hosted by Wood Bioenergy magazine every other year, this will be the fifth Wood Bioenergy Conference & Expo. It will […]

North American Wood Pellet Producers Eye Asia’s Energy Market

Asian countries are showing a strong interest in consuming more wood pellets in order to replace coal in their power grids and to shift away from nuclear power, according to an industry expert speaking at the Argus Biomass 2017 conference. Giving a presentation entitled ‘A statistical review of the consumption of biomass for heat and […]

Drax Biomass To Acquire Louisiana Wood Pellet Company

Drax Biomass—the wood pellet manufacturing company that operates two huge white pellet storage domes at the Port of Greater Baton Rouge, as well as two other pellet production facilities in the area—has been selected as the winning bidder for the acquisition of Louisiana Pellets out of bankruptcy. The Urania-based company filed for Chapter 11 in […]

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