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Enviva Inc. is the world's largest producer of wood pellets used for energy production. The company has been the subject of controversy regarding its sustainability with an environmental group's analysis suggesting Enviva is responsible for 50 acres a day of clear-cut land and significantly increased CO 2 production compared to coal per megawatt-hour.
Falling wood pellet prices, lousy long-term contracts, rising interest rates, and operational woes have Enviva in a world of financial pain. Wood pellet giant with major operations in Eastern NC ...
If 10% of Maine's residences were converted to wood pellet fuel, it would require ~650,000 tons of green wood per year [3] making large scale wood pellet heating a possibility in Maine. It is MESys's goal to make wood pellet fuel a primary heat source for a large number of residences in Maine. [4]
Per the New Hampshire Office of Energy and Planning release on Fuel Prices updated on 5 Oct 2015, the cost of #2 fuel oil delivered can be compared to the cost of Bulk Delivered Wood Fuel Pellets using their BTU equivalent: 1 ton pellets = 118.97 gallon of #2 Fuel Oil. This assumes that one ton of pellets produces 16,500,000 BTU and one gallon ...
The bankruptcy follows months of turmoil as Enviva’s stock price plummeted by more than 90 percent, leading to warnings that the company could be delisted from the New York Stock Exchange.
Pellet Fuels Institute (PFI) is a North American trade organization that represents manufacturers, retailers and distributors of wood pellet fuel supplies and appliances. The PFI was formed in 1985 as the Fiber Fuels Institute.