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Top 3 Stories from Jan/Feb Issue
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VERSION 1 OF
BCAP:
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The Final Tally
The final matching payments have been made
to biomass suppliers under the initial rules for the Biomass Crop Assistance Program, and the
60-day comment period on the proposed rules has expired. On April 8, the FSA released the final
tally for the Collection, Harvest, Storage and Transportation Matching Payments Program.
The FSA:
- Approved 5,479 agreements; 94
percent (5,145) for forest-generated material
- Made payments of $170,112,607
through April 8, 2010; 92 percent ($156,254,515) for forest-generated material
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BCAP: Q & A
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Q: Which states received
the highest total matching payments?
Answer
Q: Which regions received
the most funding?
Answer
Q: Why were payments so
heavily weighted toward forest materials?
Answer
Q: When will the USDA
release the final rules and restart the BCAP program?
Answer
Q: The $170 million
question: What did the American taxpayer get for the $170,112,607 in BCAP matching payments?
Answer
Q: How can the goals of
the BCAP Matching Payment Program be met?
Answer
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UK DEMAND FOR WOOD
FIBER
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While domestic demand
from bioenergy facilities remains weak, European demand continues to expand. A recent report
estimates that Britain will need to import 30 million tons of wood chips and pellets annually by
2017.
Several announcements for 400 MW biopower plants, each planning to consume
approximately 4 million tons of wood fiber annually apparently raised red flags for some. As a
result, twenty leading companies in wood utilization and woodland management in Britain funded the
study in order to understand the demands being placed on the supply chain from a forest products
industry that continues to develop and an increasing number of announcements for wood-fueled energy
plants.
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ADAGE HALTS GRETNA,
FLORIDA PROJECT
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Contributes Study of the Economic
Effect of New Biomass Power Plant on the Local Economy
In March, ADAGE LLC, a
joint venture between Duke Energy and AREVA, suspended work on its 55 MW biomass power plant in
Gretna, Florida and withdrew its air permit application for the facility. The announcement comes on
the tail of the city's decision to defer a decision approving the project for six months.
Before ADAGE halted the project, Dr. Julie Harrington, the Director of the Florida State
University Center for Economic Forecasting and Analysis, quantified the contribution the project
would make to the local economy.
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DIXIE PELLETS SALE
NOTICE
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The deadline for
submission of initial bids for Dixie Pellets' pellet manufacturing plant in Selma, Alabama is
Wednesday, May 5, 2010 at noon. A final hearing approving the sale to the highest bidder will be
held on May 12, 2010 at 9:30 a.m. in U.S. Bankruptcy Court in Birmingham. For additional details,
see the
Notice
of Proposed Sale.
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