EU Vote Boosts Biomass
The European Parliament voted in mid-September to recognize primary woody biomass as a renewable energy source, keeping its classification under both the first Renewable Energy Directive (RED) and RED II. According to news reports, the vote was a critical move to meet the ambitious EU Parliament goal to increase the use of renewable energy to 45% by 2030, and for achieving the EU’s goal of carbon neutrality by 2050.
Despite some groups objecting to the vote, The Council and EU Commission have continued support for primary woody biomass and its increased utilization to meet climate change goals and secure energy supplies. After this vote, the EU Parliament, the Council of the EU, and the EU Commission will begin negotiations among the three parties, that are estimated to reach a final compromise on RED III in the first half of 2023.
Latest news
Enviva Takes Huge Stock Price Hit
Enviva’s stock price, which has been falling all year from a high of $51 in January, sank to under a $1 a share on Thursday after a new interim CEO delivered a sobering third-quarter earnings call that raised questions about the company’s viability, blaming unfavorable wood pellet pricing, problems at a plant in Virginia, higher interest expenses and other factors…
Rotochopper Celebrates Manufacturing Month
During the month of October, Rotochopper shines a spotlight on the incredible innovations, processes, and stories that make the company a standout in the world of manufacturing. Individuals were invited to explore the latest advancements in manufacturing technology by participating in the Central Minnesota Manufacturers Assn. (CMMA) virtual tour of manufacturing…
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.