Wednesday, August 31, 2011

Joint Venture Plans to Build Largest Biomass Plant in Georgia

By Shannon Roxborough on August 31, 2011

Beasley Forest Products LLC, the largest hardwood sawmill in the U.S., and specialty contractor Land Care Services LLC, have formed a joint venture, Green Power Solutions, to construct what will be Georgia's largest biomass facility in the city of Dublin, after receiving approval from the state's Public Service Commission.

The planned power plant, capable of processing over one million tons of tree bark, wood chips and related biological waste annually, will produce 56 megawatts of electricity and provide steam power for an existing paper mill. The facility is scheduled for completion in October 2012.


Company officials say the project will create around 150 temporary construction jobs during the building stage and 55 permanent positions once operational while supporting some 200 full-time workers in the forestry and logging sectors.

The venture is also currently putting the final touches on a 20-year power purchase agreement with Georgia Power, a subsidiary of Southern Company, one of the nation's largest electric utilities.
Biomass, though heavily supported in traditional timber states like Washington, Oregon and Maine, still faces serious regulatory hurdles that impede its ability to compete with renewable energy sources like solar and wind.

A widely used form of heating in much of Europe, wood is the most popular form of biomass. Supporters consider it a cost competitive, low-carbon and high-energy alternative to coal, but industry growth on this side of the Atlantic has been hampered by concerns that using wood-derived biomass contributes to deforestation and greenhouse gas emissions.

Monday, August 22, 2011

Stock issues for firm seeking funds for Georgia biomass plant

 
August 22, 2011
 
Vega Biofuels, Inc., has reassured shareholders regarding difficulties with the trading of its stock.

The company planning a plant in Georgia to manufacture biomass fuel for power generation said a few of its shareholders were having problems trading stock through securities firm Penson.

Chairman and CEO Michael K Molen said shareholders had also had probems trading through Alpine Securities.

Molen said his company was working to resolve the issues.

Norcross-based Vega Biofuels is currently seeking permanent financing for a manufacturing facility in Georgia that will produce biomass fuel for power plants from local timber waste.

The company’s chairman and CEO told investors last week that while interim funding for the project’s design phase is in place, Vegas Biofuels is now in discussions with other funding sources for the main project capital.

Vega Biofuels is preparing to build a manufacturing plant to produce “biocoal” – a biomass fuel made from timber waste that could be used as an alternative to coal in coal-fired power plants.

The biocoal fuel is produced by a process called “torrefaction”, a kind of pyrolysis in which biomass is heated in an oxygen-free environment. Resulting material then compressed into briquettes.

A lease has been signed for the new plant to be built in Cordele, Crisp County, where a new inland port is being built.

“It’s a wonderful facility located in the perfect area, right in the middle of the timber rich Georgia Bioenergy Corridor,” said Molen.

Louisiana-based engineering services firm Hunt, Guillot & Associates has been hired to provide engineering and design for the plant, and will also recruit permanent staff for the site.

Vega Biofuels has also signed up local timber market experts The Timber Group to source timber waste for the new facility.

Wednesday, August 10, 2011

The False Promise of Biofuels

http://www.scientificamerican.com/article.cfm?id=the-false-promise-of-biofuels

The breakthroughs needed to replace oil with plant-based fuels are proving difficult to achieve

Range fuels was a risky but tantalizing bet. The high-tech start-up, begun by former Apple executive Mitch Mandich, attracted millions of dollars in private money plus commitments for up to $156 million in grants and loans from the U.S. government. The plan was to build a large biofuels plant in Soperton, Ga. Each day the facility would convert 1,000 tons of wood chips and waste from Georgia’s vast pulp and paper industry into 274,000 gallons of ethanol. “We selected Range Fuels as one of our partners in this effort,” said Samuel Bodman, then secretary of energy, at the groundbreaking ceremony in November 2007, “because we really believe that they are the cream of the crop.”



That crop has spoiled in the ground. Earlier this year Range Fuels closed its newly built biorefinery without selling a drop of ethanol. Turning biomass into a commercially viable, combustible liquid is tougher than anticipated, the company has found. As expensive equipment sits idle, the firm is searching for more funding to try to solve the problem.