Tuesday, September 27, 2022
Enviva, an industrial wood pellet manufacturer, announced a number of operating developments in its statement for the second quarter. The company has recently started building a plant in Epes, the chairman and CEO John Keppler remarked, and plans to build a new plant in Bond are moving along quickly. The company has also recently applied for a permission to expand its Ahoskie, North Carolina facility.
EU will need to quadruple the amount of biomass
Leading scientific advisory groups and decision-makers predict that the EU will need to quadruple the amount of biomass used in power and heat plants alone in order to meet its goal of being carbon neutral by 2050. Enviva is making good progress on its goal of increasing production capacity from 6.2 million MTPY to roughly 13 million MTPY over the course of the next five years. The first plant in Enviva’s “Pascagoula Cluster,” the Lucedale, Miss., facility, is ramping up production and is on schedule to reach nameplate capacity of 750,000 MTPY by the end of this year. Enviva just started building the second plant in the Pascagoula Cluster, a 1.1 million MTPY plant, in Epes, Alabama. If the required licenses are obtained, the third plant will be constructed in Bond, Mississippi.
Enviva also emphasized that the Renewable Energy Directive (RED III), which was implemented in 2009 and revised in 2018 (RED II), is currently being updated by EU policymakers. It establishes uniform guidelines and goals for the development of renewable energy across all economic sectors, which will aid the EU in achieving its lofty energy and climate goals. The European Green Deal enhanced them in order to achieve its target of a net reduction in greenhouse gas emissions of 55% by 2030. The ultimate piece of legislation will be a negotiated agreement between the “trilogue” of the EU Parliament, EU Council of Ministers (“Council”), and EU Commission. The recommendations and perspectives on RED III that have been made public by the Council and the Commission specify which renewable energy sources are eligible for subsidies and generally maintain the biomass sustainability framework from RED II. The EU Parliament’s proposal will probably be put to rest in a plenary meeting this September.
Tags: Enviva, sustainability, wood biomass, woodworking, woodworking and manufacturing, woodworking industry, woodworking USA
