First shipment of Hurricane Ike wood goes to Twin Oaks plant
The 170 megawatt power plant is temporarily switching from coal to wood biomass to be ''greener''. Green Energy Resources is the subcontracted supplier.
The company is collaborating on multiple projects nationwide with several strategic partners seeking to gain a major U.S. market share for wood biomass. Green Energy Resources is in the process of procuring upwards of a million or more tons of wood generated throughout the region by Hurricane Ike last September. The Texas market in particular is rapidly growing and expects to add over 250 megawatts of wood powered plants over the next three years.
In another major development, the election of Barack Obama has signaled a major shift in the U.S. policy towards renewable and alternative energies. It is anticipated over the next ten years the market will increase 10 to 20 times over current capacity. The new administration has promised real commitment, including a cap and trade market for greenhouse gases
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Electricity users in Newfoundland have started paying for Muskrat Falls
ST. JOHNS - With their July electricity bill, Newfoundland Power customers have begun paying for Muskrat Falls, though bills haven't significantly increased — yet.
In a July newsletter, Newfoundland Power said electricity bills were set to decrease by 6.4 per cent as part of the annual rate stabilization adjustment, which reflects the cost of electricity generation.
Instead, that decrease has been offset by a 6.1 increase in electricity rates so Newfoundland and Labrador Hydro can begin recovering the cost of Muskrat Falls, the $13-billion hydroelectric megaproject that is billions over budget and years behind schedule.
That means for residential customers, electricity rates will…
