Kingdom Pellet plans for a new Vermont plant

A new pellet miil is planned for the site of the former Gilman paper mill , reusing some of the existing assets and providing jobs for 21 new roles. The plant is designed at a “community scale" using local materials within a  30 mile radius at sustainable levels, and using the existent infrastructure of loggers and truckers. The plan is for a 30,000-ton, super premium-grade softwood pellet mill.

Read the full story in Biomass Magazine here: www. biomassmagazine.com

 

Tradition celebrates the launch of its new environmental markets group, Tradition Green.

London, 2015

Tradition, one of the world’s largest interdealer brokers in commodity and financial products, is pleased to announce the launch of Tradition Green, a business “hub” which brings together all environmental products brokered by Tradition under one brand.

Tradition Green will offer brokerage services in a range of environmental markets, including biofuels, CO2 allowances, US regional emissions programmes, and renewable energy certificates, and is expanding its services to include biomass, including wood chips and wood pellets. It will also offer execution services under the newly launched wood pellets contract on the Paris-based Euronext Exchange. 

In addition to brokerage services, Tradition Green will also offer specialist consultancy services within the environmental markets, and project finance for new renewable energy projects in Europe in co-ordination with its London-based affiliate, AllMerus Energy. 

Tradition Green has been established to provide client focused services under a broad umbrella, co-ordinating expertise from the established businesses, and introducing fresh opportunities to clients in the form of new products. 

Further information about the products covered are available on the new Tradition Green website www.traditiongreen.com

About Tradition

Compagnie Financière Tradition SA, one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Represented in 28 countries, Compagnie Financière Tradition SA employs 2,200 people globally and its activities are overseen by global regulators including the FCA, SEC and CFTC. Compagnie Financière Tradition SA is listed on the Swiss stock exchange. For more information, please visit www.tradition.com. Tradition Green is a registered trade mark of Compagnie Financière Tradition S.A. 

Abengoa Seeks Sale of Biofuels Assets

Abengoa SA, the Spanish renewable energy developer on the verge of insolvency, will seek to sell its biofuel business as part of a debt restructuring plan to avoid bankruptcy.

A plan presented Jan. 25 to the board establishes “the sale of all non-core assets including all the first generation biofuel ones," the Seville, Spain-based company said in an e-mailed statement. “The feasibility plan also establishes a company which will have revenues in the next few years of about two thirds those of 2014."

Read the full story here: http://www.bloomberg.com

Fossil fuel burning 'postponing next ice age', The Guardian

Climate change is altering global cycles to such an extent that the next ice age has been delayed for at least 100,000 years, according to new research identifying Earth’s deep-freeze tipping point

Humanity’s burning of fossil fuels is postponing the next global ice age for at least 100,000 years, according to new research that has discovered the tipping point which plunges the planet into deep freezes.

Showing that human activity, via climate change, can alter global processes like ice ages is compelling evidence that the planet has entered a new geological epoch, dubbed the Anthropocene, according to scientists.

Read the full story here: The Guardian

FAO publishes global pellet statistics for 2014, Biomass Magazine

The Food and Agricultural Organization of the United Nations recently published updated data on the global wood products industry that shows wood pellet production set a new record in 2014.

According to the report, wood pellet production grew by approximately 17 percent in 2014, reaching 26 million metric tons, up from 23 million metric tons in 2013. The growth was driven primarily by increasing consumption in Europe.

Read the full story here: Biomass Magazine 

Czech utility buys UK-based Lynemouth Power Station, Biomass Magazine

On Jan. 8, RWE Supply and Trading announced it has sold the Lynemouth Power Ltd., the operator of the U.K.-based Lynemouth Power Station, to EP UK Investments Ltd. (EP UK), a subsidiary of Czech utility company Energetický a prumyslový holding (EPH).

The 420 MW coal-fired station has been working with contractors to design a technical solution for a full conversion to biomass.

Read the full story here: Biomass Magazine 

“Debunking two so-called “facts” about Wood Pellets “ By William Strauss

Future Metrics White Paper “Debunking two so-called “facts” about Wood Pellets “ By William Strauss counters arguments criticizing the use of wood pellets.

The White Paper has been published in response to Climate Central’s report by entitled “Pulp Fiction” which is critical of using wood pellets as fuel. Key to the argument put forward, is the statement that wood chips release more CO2 than coal.

This is a hotly debated topic, as often arguments against pellets fail to take into account that sustainably managed forests are continuously replenished to supply the raw materials for the continuous demand for paper products – from books, toilet paper, cardboard boxes for online deliveries, to lumber for the construction industry – not just for wood pellets. The emissions generated from the production of coal (energy usage, waste water treatment etc) are also rarely accounted for which can distort data.

William Strauss, President of Future Metrics, concludes “ The combustion of wood pellets releases less CO2 than that the combustion of coal; and as long as there are sustainability criteria that make sure that the aggregate stock of carbon in the working forests is never lowered, there is no carbon debt.”

The White Paper is available to download here http://futuremetrics.info