Tag Archives: biomass

Stobart Biomass Secures £75m Fuel Supply Contract For Evermore Renewable Energy

EBR Staff Writer Published 31 July 2013 UK-based biomass fuels supplier Stobart Biomass has secured a £75m long-term contract to supply fuel to the Evermore Renewable Energy project planned to be constructed in Derry/Londonderry. As per the contract, Stobart will supply over 115,000 tons of recycled wood every year for nearly 15 years to fuel the combined heat and power (CHP) station, which has an estimated power generation capacity of 5.8MWe. Stobart Group CEO Andrew Tinkler said that the company is witnessing growing demand for its range of products across the UK and added that the group is delighted to supply fuel to Evermore plant. “Stobart Biomass has an extensive pipeline of opportunities. We look forward to helping plant developers and funders to bring those opportunities to fruition and growing our Biomass business,” added Tinkler. Meanwhile, the construction of CHP plant is scheduled to commence over the next few weeks, with operations expected to begin by the summer of 2015. The UK Waste Resources & Energy Fund (UKWREI) has invested nearly £80m for the development of the project. Continue reading

Posted on by tsiadmin | Posted in Investment, investments, London, News, Property, Taylor Scott International, TSI, Uk | Tagged , , , , , , , , , , | Comments Off on Stobart Biomass Secures £75m Fuel Supply Contract For Evermore Renewable Energy

Malaysia Eyes Region’s First Commercial Biomass-Ethanol Plant

http://www.thestar.c…0&h=413&crop=1 BINTULU: Malaysia may set up the first commercial-scale biomass ethanol plant in the region, following a memorandum of understanding to conduct a detailed feasibility study was signed between a consortium led by the Bintulu-based Hock Lee Group and international bio-tech company Beta Renewables. Agensi Inovasi Malaysia, which announced the agreement, said the development was in line with the government’s vision for biomass owners to be involved in downstream high-value activities through forging smart partnerships, rather than selling their biomass resources as a commodity. The feasibility study came about as a result of the National Biomass Strategy 2020 initiatives by Agensi Inovasi Malaysia (AIM), which wants to position the country as the region’s leader in biomass-based downstream activities. The expectation is that the plant – should it materialise – will be a catalyst for a biomass-based industry cluster with a wide range of new industries like bio-fuels, bio-energy and bio-chemicals. “Such a cluster is expected to increase the state’s GDP as well as create high-value jobs by attracting high-value partnerships with local companies that will also benefit local SMEs, smallholders and local communities,” AIM said. According to the agency, it was working closely with the Sarawak Yek Siew Liong while Beta Renewables was represented by its business development director for Asia Pacific, Peirlugi Picciotti. The Hock Lee Group is a private Bintulu-based corporation with interests in property development and hospitality, and also owns the Xcel petrol retail chain in Sarawak, while Beta Renewables is an Italian-Danish-American joint venture that owns the patented PROESA technology for the conversion of non-food cellulosic biomass into ethanol. Last year, Beta Renewables successfully completed the commissioning and start-up of the world’s first commercial scale (60,000 tons of ethanol capacity) biomass-to-ethanol plant in Crescentino, Italy.   Continue reading

Posted on by tsiadmin | Posted in Investment, investments, News, Property, Taylor Scott International, TSI, Uk | Tagged , , , , , , , , | Comments Off on Malaysia Eyes Region’s First Commercial Biomass-Ethanol Plant

The Price of Being Politically Innocuous

When it comes to the price of an energy project, biomass power is often viewed as having a difficult time competing with natural gas and coal based power production. Conventional fossil fuels have a longstanding foundation as the primary fuels for electricity production and a lower levelized energy cost than biomass power, according to EIA . The EIA estimates that a biomass power plant entering service in 2018 will cost $108 per MWhr on national average. Compared to conventional coal ($100/MWhr) and conventional combined cycle natural gas ($67/MWhr), the EIA estimates that conventional fossil fuel plants will be more cost competitive that biomass power. While the EIA does include recent Clean Air rules and legislations into their levelized cost modules for power production, the EIA neglects to include market trends and likely future legislation as possibilities into their projections. Their reason for not doing so is unstated but understandable. Any projection that they release that leans towards one energy source will be seen by elected representatives that are opposed to that energy source as ‘biting the hand that feeds them.’ The EIA’s political abstinence from broader projections by including current market and political trends as a potential outcome is logical given their role as reporter of current realities in the energy sector to congress and the executive branch. By remaining politically innocuous, the EIA stays out of unnecessary and wasteful congressional hearings, but it comes at the cost of missing realistic predictions that offer a broad scope of pragmatic energy pathways. For example, there is a broad movement in Europe and the U.S. to move away from coal and inefficient natural gas generation, but much of these trends are omitted by EIA’s modules for the sake of not offending those in congress with strong ties to these industries. The EIA must walk a political tightrope of making projections while attempting not to offend the many stakeholders that make up the energy sector, particularly those that are politically active. Unfortunately, the balance required to stay on this political tightrope leads to narrow projections that do not realistically predict market realities. Continue reading

Posted on by tsiadmin | Posted in Investment, investments, News, Property, Taylor Scott International, TSI, Uk | Tagged , , , , , , , , , , | Comments Off on The Price of Being Politically Innocuous