Pellet News » Report: Ample opportunity for biomass thermal growth in Midwest
FutureMetrics Inc. recently 2012 heating of Midwest homes and businesses prepared a working report for the Heating the Midwest with Renewable Biomass steering committee. The report outlines a vision to achieve 15 percent renewable thermal energy in the Midwest by 2025, with 10 percent derived from biomass. According to the report, thermal accounts for approximately 38 percent of energy consumed in the U.S. However, only 3.5 percent of thermal energy needs are met by the use of solid biomass fuel. In the Midwest, fossil fuels account for the vast majority—97 percent—of the thermal energy consumed by the residential sector. To date, no Midwestern states have adopted formal targets to reduce the the U.S., biomass is by far the Midwest’s more reliance on fossil energy in heating markets. abundant renewable resource for thermal The report points out that while other applications. renewable thermal energy options do exist in
Viridis prepares to restart plant Vancouver, British Columbiabased Viridis Energy Inc. has announced the closing of the second tranch of its $5 million nonbrokered private placement. It consisted of 20 million units priced at 10 cents per share. The first tranch closed earlier this year. The proceeds of the private placement will primarily go towards capital expenditures and operating expenses associated with the company’s Scotia Atlantic Biomass Co. Ltd. pellet plant. Viridis acquired the facility last year. The Middle Musquodoboit, Nova Scotia-based facility is expected to become operational this summer, bringing the company’s total annual pellet production capacity to 180,000 metric tons. Viridis is also studying expansion alternatives for the Okanagan Pellet Co. plant it owns in Kelowna, British Columbia.
Dust and gas explosions are deadly and commercially devastating.
Think an explosion will never happen Rely on Fike’s in your facility? Explosion Protection Expertise Many facilities are at risk, but just don’t know it. Fike is a global
leader in the development and manufacture of reliable explosion
protection solutions. And we offer a wide range of explosibility tests designed to assist you in identifying costly explosion hazards.
With over 40 years experience in developing innovative explosion protection technologies, Fike has the expertise to help you improve the safety of your facility and comply with changing regulations… all without spending a fortune.
1-866-758-6004
WWW.FIKE.COM