Tuesday, December 17, 2013

[biofuelwatch] Green Investment Bank backs Birmingham bio plant





http://www.businessgreen.com/bg/news/2318701/green-investment-bank-backs-birmingham-bio-plant

Consortium of firms to £47.8m in novel gasification waste-to-energy technology

By Jessica Shankleman

12 Dec 2013


Excerpts:


"The UK is set to gain its first power station that uses a novel gasification technology to convert discarded wood into electricity, following a £47.8m investment from a group including the government-backed Green Investment Bank (GIB).
"The Birmingham Bio Power plant will convert recovered wood into electricity through a gasification process in which carbon in wood is converted into gas, which is then used to raise steam to drive a turbine.
"The 10.3MW project.. is aiming for completion in 2016, in time to secure payments from the Renewable Obligation Certificate subsidy regime.
"The GIB today confirmed it has invested £12m directly in the project..."




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Biofuels are a wide range of fuels which are in some way derived from biomass.

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