Bord na Móna Bioenergy Plan to Invest in Wood Pellet plant in US to Secure Biomass Supply

Mark Paul reported in the Irish Times (19 September)  that Bord na Móna intend  to invest up to €60 million in a proposed new wood pellet plant in the US state of Georgia that could be operational within two years. The company wants to construct the facility to turn willow trees into pellets, which will then be shipped back to Ireland to fire power stations. It is part of Bord na Móna’s strategy to shift away from its core peat business towards more renewable energy sources, especially biomass. Bord na Móna say they are forced to invest abroad while the Irish biomass-supply industry is ramped up to meet demand. The proposed investment is currently with the government’s New Era division for approval. View the Irish Times Article here