Posts tagged with
renewable energy

Wood Pellets Market Expected To Grow At a CAGR Of 15.2% By 2025

Progressive Markets recently published a report titled Global Wood Pellets Market – Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025. As per the report, the global wood pellets market is expected to register a CAGR of 15.2% from 2017 to 2025. The report offers an extensive analysis of changing market scenarios, revenue growth, investment opportunities, […]

U.S. Bioenergy, Agriculture Groups Urge Congress To Oppose Farm Bill

In the U.S., the American Biogas Council (ABC), the Agriculture Energy Coalition (AgEC) and the Biomass Power Association (BPA) have come out against the H.R. 2, the Agriculture and Nutrition Act of 2018, also known as the Farm Bill. Over the past two years, these organizations have been working to advance the Farm Bill, legislation […]

Environmental Activist Fund Takes $20 Million Stake In Enviva

Bloomberg is reporting that ValueAct Capital Management has bought $20 million (€16.7 million) in Enviva shares. Enviva’s market capitalization is around $772 million (€647.6 million). The deal was made through the hedge fund’s socially and environmentally focused ValueAct Spring Fund. The fund has previously invested in the power generator AES and education company Strayer Education. […]

EPA Declares Burning Woody Biomass Is Carbon Neutral

The Environmental Protection Agency (EPA) declared Monday that burning trees is carbon neutral. The announcement, made by EPA Administrator Scott Pruitt during a meeting with Georgia forestry leaders, signals an administrative policy shift that will treat all burning of biomass as carbon-neutral “when used for energy production at stationary sources,” according to an EPA statement. […]

Pinnacle Renewable Energy To Feed Hungry Japanese Biomass Industry

A lot more wood is about to pass through Prince Rupert — as pellets. On Friday, the company that owns Westview pellet terminal, Pinnacle Renewable Energy Group, announced they have finalized a contract to sell 70,000 metric tons of wood pellets annually to a Japanese conglomerate, Ube Industries Ltd., by the end of 2019. “Japan […]

New England Biomass Faces New Challenges As Connecticut Changes RPS

Connecticut recently released its long-awaited Comprehensive Energy Strategy, which contains bad news (though expected) for biomass in New England. There’s only one biomass plant in Connecticut: the 37.5 MW Plainfield Renewable Energy facility that opened in 2013. However, due to the interconnected nature of New England’s electricity grid, biomass plants across the region that participate […]

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 […]

Enviva Completes Acquisition Of South Carolina Wood Pellet Plant

Enviva Holdings, LP, the world’s largest producer of industrial wood pellets, announced recently that it, through its previously announced joint venture, Enviva JV Development Company, LLC, has completed the acquisition of a wood pellet production plant in Greenwood, South Carolina and related assets from The Navigator Company, S.A., a Portuguese paper and pulp company. This […]

U.S. Pellet Exports Boom As Europe Tries To Reduce Carbon Footprint

Worse than coal. Exploits a carbon loophole. Creates a carbon deficit. No, we are not talking about drilling for oil in the Arctic National Wildlife Refuge. Rather, these are a few of the complaints critics level against burning wood pellets in place of coal to reduce Europe’s carbon footprint. You might assume that exporting a […]

North Carolina County Renews Duke Energy Agreement

From: Wood Bioenergy Editors Continuing to maintain renewable power sources, Duke Energy and Craven County Wood Energy (CCWE) have renewed a long-term power agreement to purchase 100% of the electricity produced by the 50 MW biomass-powered plant in New Bern, NC. The facility uses mainly wood waste and poultry (turkey farm) waste to generate electricity. […]

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