ST. LOUIS, MO -- (Marketwire) -- 03/30/11 -- It's interesting visiting energy blogs, LinkedIn groups and other online energy forums to read discussions about the direction of the energy industry. As expected, we've discovered that some bloggers have great arguments backed up with sound data and others simply don't make sense. Due to the crisis in Japan there seems to be a lot of attention given to the nuclear energy industry and the influence it has on the environment. We'd like to take a moment and shine the light on a different and safe renewable energy source, the biomass power and thermal industry. Below are seven reasons why the biomass industry is growing in 2011 and why you will want to attend the 2011 International Biomass Conference in St. Louis, MO - May 2-5, 2011.
- High Oil Prices: Turmoil in oil producing countries and rising oil prices are making renewable, homegrown energy sources more attractive. According to the Energy Information Administration prices for U.S., home heating oil rose 24 percent in February 2011, compared to February 2010.
- Government Support: USDA has opened up the application window for its Repowering Assistance Program, which provides funds for biorefineries looking to convert their fuel intake from fossil fuels to renewable biomass.
- Incentive Programs: The U.K. launched its Renewable Heat Incentive that is expected to increase investment in renewable heat technologies by £4.5 billion ($7.3 billion) over the next decade and support 150,000 jobs in the heating industry.
- Wood Pellets in Demand: North American wood pellet exports have doubled in the past two years and the industry expects continued growth as demand in the European Union increases and higher oil prices prompt a switch to wood pellets.
- Reduce Carbon Footprint: Many manufacturing and food processing industries are switching to biomass fuel systems to reduce their carbon footprints and take advantage of lower priced biomass fuels.
- Biomass Projects Increase: There are hundreds of biomass power, combined heat and power, anaerobic digestion and district energy projects under construction in development in the U.S. and around the world. An example of this is the new 26.8-megawatt biomass cogeneration plant in Lakeview, Ore.
- Reduce Energy Bills: A study by the Georgia Institute of Technology and Duke University found that the South could pay less for its electricity than what current forecasts predict in 20 years, if it invests in more renewable energy.
Find out how these and other industry developments are showcased at the 4th Annual International Biomass Conference & Expo.
Visit www.biomassconference.comto view the agenda online.
About BBI International
BBI International produces globally recognized bioenergy events and trade magazines. BBI owns and operates the International Biomass Conference & Expo and its allied regional events, as well as the largest, longest-running ethanol conference in the world -- the International Fuel Ethanol Workshop & Expo (FEW). The company publishes Biomass Power & Thermal magazine, Biorefining Magazine, Ethanol Producer Magazine, and Biodiesel Magazine, as well as a number of ancillary products including maps, directories, e-newsletters and other web-based industry resources.
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