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Oct 21, 2011, London, UK - The British Government yesterday pledged to dramatically increase support for power generated via biomass co-firing, encouraging news for Canadian pellet manufacturers.
According to a report on the Bloomberg Businessweek web site, proposed renewable energy incentives in the
U.K. are boosting companies that generate electricity from biomass fuel,
waves and tides while prompting developers to rethink some wind
projects.
The Department for Energy and Climate Change
yesterday proposed doubling the tradable ROCs, or Renewables Obligation
Certificates, given to enhanced biomass co-firing plants and more than
doubling rewards for wave and tidal-power projects. The complete report is here.
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