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U.K. GIB, Equitix to fund construction of bioenergy project

July 20, 2015

BY U.K. Green Investment Bank

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Garamendi, King introduce bill to allow biomass power to participate in the RFS

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By Erin Voegele

7 hours ago

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Rep. John Garamendi, D-Calif., and Sen. Angus King, I-Maine, on March 11 each introduced legislation that aims to allow facilities generating renewable electricity from forest biomass, such as woodchips or sawdust, to participate in the RFS.

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Renewables are currently expected to account for 24% of U.S. electricity generation in 2024, increasing to 25% in 2025, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released March 12.

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The Government of Ontario is investing $60 million in the Forest Biomass Program, which will make targeted investments in forest sector initiatives to develop the economic potential and environmental benefits of forest biomass.

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The Biomass Power Association has rebranded as the American Biomass Energy Association. The announcement was made by ABEA Executive Director Carrie Annand at the 17th Annual International Biomass Conference & Expo.

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