Category Archives: economics

[NEWS] Utility Offers $750M to Buy Gainesville, FL Biomass Facility

– by Andrew Caplan, February 24, 2017, Gainesville Sun

GREC-woodpile-1

Photo: wuft.org

Gainesville Regional Utilities officials confirmed Friday that they’ve sent a proposal to the biomass plant’s president, Jim Gordon, offering $750 million to buy the plant outright.

GRU General Manager Ed Bielarski sent The Sun a copy of the proposed memorandum of understanding (MOU) and said biomass plant officials haven’t agreed to the deal, nor has it been discussed publicly.

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[OPINION] How Trump Could Save Coal With Wood Pellets

– by William Strauss, March 15, 2017, Biomass Magazine

CoalDemandforPowerGenerationChart-01_14894189956464-300x300-noupThe use of U.S.-produced wood pellet fuel blended with coal in large utility power stations could sustain coal mining jobs, create tens of thousands of new jobs in another sector that is experiencing significant job losses—the forest products sector—and stimulate billions of dollars of new investment in new U.S. manufacturing plants.

By supporting the blending of industrial wood pellet fuel with coal in pulverized coal (PC) power plants, policy will lock in the need for PC power plants, therefore guaranteeing significant demand for coal. This well-proven strategy, which is already in place in many other countries, can provide certainty for the need for U.S.-produced coal for decades, and certainty for U.S. coal mining jobs.

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[NEWS] Academics Slam Chatham House Bioenergy Report as “Misleading”

– by Liz Gyekye, March 13, 2017, Bioenergy Insight

wood pellets bioenergy insight

Photo: Bioenergy Insight

More than 125 academics have joined the International Energy Agency Bioenergy Technology Collaboration Programme (IEA Bioenergy) slamming Chatham House’s recent report on bioenergy, calling it ‘misleading.

The group of academics from across the world and the IEA state that the report “does not present an objective overview of the current state of scientific understanding with respect to the climate effects of bioenergy”.

They are urging the Chatham House author to “reconsider flawed policy recommendations.”

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[NEWS] Biomass Proposal Would Use Human and Animal Manure to Produce Biocrude Oil and Algae

– by Pam Eggmeier, January 24, 2017, SaukValley.com

algae-livescience

Photo: Livescience.com

City leaders gathered Tuesday to learn more about two possible business ventures – one that would be run by the city, and the other by a private company.

The Committee of the Whole heard presentations by Magellan, the city’s broadband consultant, and Green Vision International. The meetings give council members an opportunity to discuss particular issues at length, but no action is taken.

Green Vision International has been working with the Illinois Sustainable Technology Center at the University of Illinois on a biomass recycling project that could be launched commercially in Rock Falls.

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[NEWS] Alabama Company Buys Closed Biomass Power Facility in Maine

– by J. Craig Anderson, February 16, 2017, Portland Press Herald

Sherman Energy Company Biomass Electric Energy Plant - not in operation

Photo: Maine Encyclopedia

A shuttered, 24-megawatt power plant fueled by wood chips in Penobscot County is expected to come back on line by the end of June, bringing an estimated 300 jobs to the area.

An Alabama-based company called 42 Railroad Ave LLC has signed a deal to purchase the biomass power plant in Stacyville, formerly operated by Sherman Development, for an unspecified amount from Niagara Worldwide LLC after four years of negotiations. The deal makes 42 Railroad Ave the owner of one of the largest privately owned power stations in the United States.

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