New Zealand-based power producer Genesis Energy has signed a Memorandum of Understanding (MOU) with Carbona to produce torrefied wood pellets with the potential to replace coal with biomass at Huntly Power Station.
“This Memorandum of Understanding is an encouraging step towards affordable, secure and sustainable energy that supports economic growth,” says Simon Watts, Energy and Climate Change Minister.
“Renewable, storable fuels like torrefied wood pellets are a promising alternative to coal that could keep the lights on in dry years while contributing towards our goal of net-zero emissions by 2050.
“The Government created the woody bioenergy taskforce as part of our Emissions Reduction Plan to encourage private investment into this market, including the potential for export.”
