Canadian Biomass Magazine

Future Metrics white paper on power plant conversion

November 6, 2014
By Canadian Biomass

November 6, 2014, Bethel, Maine – Future Metrics has published updated research that analyzes how compliance with Renewable Portfolio Standards in the U.S. can be both a low-cost initiative and a job creator.

November 6, 2014, Bethel, Maine – Future Metrics has
published updated research that analyzes how compliance with Renewable
Portfolio Standards in the U.S. can be both a low-cost initiative and a job
creator.

 

This white paper
shows that converting old pulverized coal power plants to use advanced solid
biofuels rather than coal provides a ready-to-go solution for compliance with
states' renewable portfolio standards (RPS). The strategy does not cost jobs.

 

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In fact, according to the research done by Future Metrics, the
strategy actually creates new jobs. This strategy is the lowest cost pathway to
compliance with RPS requirements and provides a renewable solution for the
intermittency of wind and solar.

 

The strategy provides:

  • The lowest cost renewable power generation solution;
  • Dispatchable and/or baseload power that is available when
    needed;
  • More jobs per megawatt-hour of energy than any other
    generation technology;
  • Very low carbon

 

The white paper can be downloaded at: www.futuremetrics.com


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