29 Oct '12, 8pm

Russell Biomass Plant Cancelled: The Start of an Industry Trend?

Russell Biomass Plant Cancelled: The Start of an Industry Trend?

“We are disappointed, we believed there was a benefit from the project, but we simply cannot meet the requirements of new state regulations on such projects,” said Peter Bos, Russell Biomass, LLC project developer, in an article published last Friday. DOER finalized restrictions in August that require all woody biomass plants to generate power at a minimum 50 percent efficiency in order to receive one half of a renewable energy credit (REC), and 60 percent efficiency to receive one full REC, up from the previous 25 percent efficiency standard. The restrictions also include regular Forest Impact Assessments, which are used ensure preservation by determining the biomass industry’s influence on the environment, and power plants much achieve a 50 percent reduction in lifecycle emissions over 20 years. The Russell project had been in a holding pattern since 2009, when Massachus...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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