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Wood Bioenergy: Project Count Up, but Viable Volumes Decline in June

The June issue of Wood Bioenergy US indicates that, as of June 28, 2011:

  • The continental US has 457 wood-consuming, announced and operating bioenergy projects (up from 453 in May).
  • In total, these projects represent potential, incremental wood use of 130.5 million green tons/year by 2021.
  • Based on Forisk analysis, projects representing only 68.7 million tons/year pass basic viability screening.
These results represent a net decline from the estimated, viable wood consumption of 71.1 million tons/year reported in the May issue.  Eight fewer projects passed Forisk’s screening methodology in June than in May.  The biggest factor: we modified the status screen to exclude projects that are on hold or shut down, even if the project uses a proven technology and has made significant progress towards operability. “On hold” indicates that a project is at a standstill for an unspecified amount of time.  Click here to download the complete free summary.
Again, the project-by-project results confirmed analysis of the US biofuels market published last month by Forisk Consulting and the Schiamberg Group.  KiOR’s lackluster IPO  and falling oil prices harden doubts about the short-term commercial prospects of investments in the wood-based liquid transportation fuel sector in the continental United States. To learn more about the study, click here.

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