Biomass Power Growth Over the Years

The Federal Energy Regulatory Commission‘s Office of Energy Projects has released another update for 2013, and it indicates that new renewables outpaced new coal, oil and nuclear in the first six months of 2013. From a broad perspective, renewables accounted for just under 25 percent of new electrical generating capacity installed from January through June. That seems encouraging, so I decided to look back on last year’s results and see how growth compares. So while it seems we’re on about the same pace in 2013, I think it’s safe to say more projects are typically completed and put into service during the second half of the year, so there’s a good chance we’re poised to exceed 2012 numbers. Even with all of the regulatory uncertainty we’ve seen over the last couple of years, biomass power capacity has continued to grow. As the Tailoring Rule evolves over the near year, it will be very interesting to check out how and if development is affected. Taylor Scott International