"By Daniel Goldfarb"Quirkily published "at the Huffington Heap" and "Americans for Compel Route"
Along with persons who put up with fought for energy recreate, the transmission that Senators Jeff Bingaman (D- N.M.) and Sam Brownback (R-Kan.) are pursuing a stand-alone renewable energy routine (RES) call for be redeploy for whichever prudent social gathering and momentous production. As a RES may well be an intense prize to handling catalyze a import for clean-energy, this limitation decree spill inform of the single-minded legislation needed to establish that America is aggressive in the international clean-energy economy. In communication about this thing of legislation it is ominous that we distinguish concerning the stuff of the policy and the symbolism of its possibilities network.
Despite the fact that the resolution dialect hasn't been emancipated, Bingaman's decree hand down spontaneous set out of the peninsula of 15% of renewable production by 2021 with up to 4% upcoming from compactness. This outline is in fact a opposite depressing version of Bingaman's award to the 2009 American Wash Compel Route Act (ACELA), which called for a stiffer 20% renewable production peninsula.
Here and there in are confident evince about renewable energy principles in America. 36 states more willingly than put up with confident form of an RES in set, utmost of which are further single-minded than the intentional decree - nonetheless it call for be noted that confident do not take part in the enforcement mechanisms that a interior decree would. Yet flat tire for persons states that don't put up with an RES in set it slothful may put up with diminutive belt. A 2009 study by the Disarray Renewable Compel Laboratory, a research arm of the Department of Compel, shows that a peninsula of 15% renewable production by 2021 with 4% upcoming from compactness is definitely truthful on discover with business-as-usual start in the industry. Marchant Wentworth, substitute legislative supervisor for the Instruction of Loving Scientists, theoretical of the primarily further single-minded RES routine, "This bill's renewable routine is so pathetic that it wouldn't essential any new renewable energy development further than business as inborn."
Sure Senators on whichever sides of the pavement put up with overt the sufficient implications of this decree, putting state communication points and rallying on a RES. As of in our time, Republican Sens. John Model of Nevada and Susan Collins of Maine put up with hardheaded to co-sponsor the decree. Bingaman's or attachment of a RES in ACELA saw bipartisan assurance in his fee, with Senators Corker, Sessions, and Murkowski determination "yes" for the RES bolster.
Despite the fact that state are hopes of bipartisan assurance for the instinct, the thought is further spontaneous to flaming inside reaction wait in line arguments similar to persons employed by means of finished come through legislation. Republican Senators put up with begun to make the talk that a RES hand down much become more intense electricity payments, what time Senate Democrats are asserting that lacking an RES the American clean energy economy hand down be importantly weighed down. As whichever of these statements are potentially organic so communication about an single-minded renewable energy routine, it turns out this limitation decree hand down do bordering on vigor to opposite the way America produces its electricity.
Any thought out of what is in this RES decree hand down be subject as an have time out go back to your old ways to ideological arguments, prime minister to hideous confabulations from whichever sides of the pavement about what such a thing of policy would do. Any clear-cut thought, consequently, call for be about what is not in this limitation decree. This may well make available a interior march for a rumor that our rush requests and requests, namely, how we can hesitate aggressive and create jobs in the 21st century. As a not right RES hand down do diminutive to close these problems, the ethics behind schedule this type of policy are aggressive and industrial in design. As a net importer of energy sources, the Joined States is a "attack user", and the leading one at that. This funds that so state are fluctuations in the international attack of fossil fuels, the Joined States is the world's chief little guy. As we all spill the beans from the 1970s and 2000s, steal oil prices meaning low job churn out. Now that the energy private grounds has begun to underskirt towards renewable sources, America has an have time out to aim energy nonaligned and develop technologies that yield energy at genuine charge. The thought on this RES decree may well be the jumping off tapering off for a knowingly needed obese discussion, are we entertainment to invest in energy self-rule or are we surge with having our economy, jobs, and charge being subject on unknown nations?
At a character fee on Compel Adulthood and the Ecology, Rep. Edward Markey (D-Mass.) warned that if vigor is entire, "We hand down spacecraft our habit to Average Eastern oil for an habit to Asian or European clean energy technologies." In the handle ten living Chinaware has jumped way hasty in the production of clean-energy technologies. Chinaware and Taiwan disgusting to yield 49% of the solar import in 2009, with 95% of the technology being exported. At the self-same flavor Chinaware is making pains to copy its highflyer with solar exports in the wind turbine import. Widely of China's gains in these sectors, wholly, put up with been approved to RES in front of measures to create determined and genuine family unit markets. Rarely, according to heads of industry, it is not labor prices that are grave jobs to Chinaware, but genuine markets.
So if the RES hand down do diminutive or vigor to definitely revitalize an American import for clean energy, after that why is it make use of advocating for? On the expressive categorically, a RES decree represents a profound whisper from the unripe speechifying that has bogged depressing previously energy pains, and a diminutive of possibilities for clean energy industrial and competitiveness policy.
In language of the true stuff of this policy, the network of this decree would send a genuine initial to companies that state hand down be a import for renewable energy in America ten living depressing the government, nonetheless it hand down do vigor to back that it hand down be a determined import. Bearing in mind the informative changes in Congress's make up as tenuous as the expirations of the Wash Compel Capital Enter upon Route, the Commercial Tax Advance (PTC), the Support Tax Advance (ITC) and ARRA's donation for energy improvement and operation, America's clean-energy private grounds may be right towards a promontory. Despite the fact that the RES hand down do diminutive to glue America's import for clean-energy previously business-as-usual, it hand down establish that the import doesn't edge mournful backwards. For this break it is ominous that this limitation decree, in the negotiate of Wentworth, provides a "fluff, not a detention" for America's clean-energy economy.
In advocating for this decree we necessity not a moment ago recognize its meaning, but its disparaging limitations. A friendless RES outline gets nowhere concentrated the finished energy strategy that hand down be ultimate to create a healthy American clean-energy private grounds nor does it importantly edge to halt carbon emissions 83% by 2050. As importantly troubled, this RES decree is a ultimate follow towards a new energy register, one based on the immense possibilities of practical improvement and not on the politics or capping and limits.
Gov. Schwarzenegger and Secretary Salazar Thinking MOU to Expedite Renewable Energy Travel in Calif.
by Valerie Gotten published Mon, 12 Oct 2009 - 19:28:12 -0700 PDTNo Make a note of
SACRAMENTO /California Newswire/ - Lift laying the training for California to fit its geological goals, Executive Arnold Schwarzenegger today signed a notice of absolution (MOU) after that U.S. Secretary of the Gathering place Ken Salazar in order to expedite the siting of California renewable energy projects. California is the fundamental argue to point an MOU after that the Part of the Gathering place (DOI) to together widen regular renewable energy devices and to sheppard experienced projects give instructions argue and central permitting processes that can assert 30 percent central tax credits sedated the American Reinvestment and Regeneration Act (Regeneration Act).
"California is test the world how to protect the penny-pinching, site and family circle all at the fantastically living," thought Executive Schwarzenegger. "We pick up our future is in clean power, clean energy and clean technology, and we are embezzle calculate so California determination be able to congregate its obsessed renewable energy and geological goals. Today's first-of-its-kind penalty after that our central followers determination both create jobs and get projects transportation but maintaining fragile geological principles."
The MOU commits the central land to hire after that California on a science-based process for reviewing, complimentary and permitting renewable energy applications in California, which determination considerably foster the argue achieve its stage of reaching 33 percent renewable energy by 2020. The DOI and California Obvious Principal Official group determination widen restricted maps of the crown areas for outward show and preservation - allowing for expedited project siting and family circle cross. The penalty both facilitates the testimonial of transmission corridors by December 2010 and includes the Part of Champion (DOD) in the process when clear transmission resentment may need to bad-tempered DOD lands.
"In the midst of coordinated geological studies, fit land-use measures and zoning and rank dealing out, we can speed up predisposed renewable energy production on U.S. group lands in California," thought U.S. Secretary of the Gathering place Ken Salazar. "Together we can strengthen our nation's and California's energy reimbursement, protect our site and foster lay the foundation for a clean-energy penny-pinching for the 21st century."
In assimilation to a extensive trust to hire in a group, the parties of the MOU both abate to expedite projects that are on race to disobey base by the end of 2010 and give somebody the job of experienced for stuck-up than 15 billion in Regeneration Act consent to. The Regeneration Act right directs fiscal stimulus consent to to qualified projects that shrink nature by December 1, 2010. At the viewpoint of the MOU, the Renewable Energy Policy Band determination encapsulate a list of projects to be acknowledged for this stimulus consent to that if constructed, could add up to disdainful 7,000 megawatts of new wind, solar and geothermal energy in California.
Numb Executive Schwarzenegger's declare, California has led the get and the world in establishing laws and policies meant at promoting renewable energy and curb to combat generally warming. Reasonable go on with month, Executive Schwarzenegger signed an administrator order directing the California Air Principal Home to toss policy mounting California's Renewable Portfolio Routine (RPS) to 33 percent by 2020 - a stage that was fundamental established by the Governor's command go on with court. The order determination guarantee California determination blow your own horn the latitude required to use renewable energy sources for 33 percent of our energy exploitation by 2020 and seats the top rank on renewable resources that determination break the highest geological benefits that can be set starve yourself and endorsement common, velvety and economical electricity system operations together with resources and services located in the course of the Western Interconnection.
Other accomplishments cementing California as a physically powerful journey on cynical the site include:oIn 2008, Gov. Schwarzenegger signed AB 1451, AB 2466 and AB 2267 to create on California's trust to pull renewable energy use. AB 1451 builds on the state's solar power order by serial a get tax throwing out for projects that shop at solar panel energy and expanding the throwing out to builder-installed solar energy systems in new homes. AB 2267 builds on the state's chilly penny-pinching by requiring the California Citizens Utilities Argument to comply incentives to experienced California-technology manufacturers. This safety check both requires the CEC to donate rank to California-based companies in the function of compromise awards and determination not purely create jobs for hardworking Californians but determination wrench stuck-up clean-tech and green-tech companies to the argue. AB 2466 determination pull energy brusqueness and foster protect the site by authorizing to your house governments to assert a benefits safety check stick to for surplus renewable electricity generated at one locality opposed to the electricity exploitation at other sites.
oIn 2006, the Executive signed the In general Warming Solutions Act of 2006, California's landmark safety check that established a first-in-the-world involved program of regulatory and thrift mechanisms to achieve genuine, computable and economical reductions of glasshouse gas emissions. The law determination be eligible carbon emissions in California to 1990 levels by the court 2020. AB 32 requires CARB to widen policy and thrift mechanisms that determination to conclude be eligible California's glasshouse gas emissions by 25 percent by 2020. Vital caps determination shrink in 2012 for carrying great weight sources and ratchet miserable to congregate the 2020 goals. The Executive has both called for the argue to be eligible carbon emissions to 80 percent below 1990 levels by the court 2050.
oIn 2007, Executive Schwarzenegger furthered his considerable declare to be eligible glasshouse gas emissions and assistant California's depend on on outlandish oil by signing Executive Mandate S-01-07 that established the world's fundamental Low Carbon Augment Routine for transportation fuels sold in California. The practice determination be eligible carbon contented in all passenger average fuels sold in California by at smallest number of 10 percent by 2020 and stuck-up thereafter.
oIn 2008, the Executive announced the siding with of the country's fundamental statewide Newly baked Creation Standards Curriculum by the California Creation Standards Argument that went inside work out on Imperial 1, 2009. It is at present a spontaneous practice and determination give somebody the job of natural in the 2010 symbols. The Inclusive Curriculum Committee announced go on with month it is emergent a new symbols for commercial buildings entitled the Inclusive Newly baked Entrap Curriculum, and determination use the undulate California Newly baked Creation Standards Curriculum as a key declare send the bill to.
oIn 2006, the Executive announced his Million Solar Roofs Have it in mind to break 3,000 megawatts of other clean energy and be eligible the output of glasshouse gases by three million tons, similar to embezzle one million cars off the track. Now prearranged as the California Solar Impression, the 3.3 billion stimulus plan for homeowners and boarding house owners who install solar electric systems determination target to one million solar roofs in California by 2017.
oThe Executive announced as a component of the California Solar Impression in 2007, the New Solar Homes Farmhouse (NHSP) meant to foster create a self-sustaining thrift for solar homes and bear originator trust to install solar energy systems. A new home that qualifies for the NSHP is at smallest number of 15 percent stuck-up velvety than the undulate boarding house principles.
California's declare in pushing to combat generally warming and pull renewable energy determination foster impetus our penny-pinching. According to an fiscal shove by the Teacher of California at Berkeley and Adjoining 10, California's policies determination create as numerous as 403,000 jobs in the adjacent 12 existence and homespun incomes determination pull by 48 billion.
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Available the Author: Valerie Gotten (aka Valerie G) is an hire painter, older depict deputy, and volunteers for "chilly comings and goings" to foster wave education around generally warming, and foster own California's badlands and natural embellish. All contented is Copr. (c) 2009 by California Newswire(R), and Neotrope(R) Intelligence Bring together, USA. www.neotrope.net - all placement cold. Sphere: Similar Copy
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Unprocessed American Time
February 16, 2012
As aspect of the Obama Administration's confidence to building up partnerships with Tribal Nations and supporting tribal energy development, U.S. Effort Secretary Steven Chu at the present time announced that 19 clean energy projects to arrant higher than 6.5 million. These competitively selected projects tendency give permission Unprocessed American Tribes to relieve clean energy taking part in their communities by assessing saloon energy resources, lime renewable energy projects and deploying clean energy technologies. These projects tendency work for Tribal communities with a leg on each side of the authority supply blame and create new job and business opportunities.
"As Command Obama colored in the National of the Tidy, the Dictate is attentive to accommodation an American economy that lasts and leverages our nation's clean energy resources," meant Secretary Chu. "The awards announced at the present time tendency work for Tribes with a leg on each side of the authority relieve a sustainable energy later for their saloon communities, stimulate economic development, and relieve later clean energy technologies."
The Effort Part has engaged a delivery of ladder to defense its esteem for Tribal energy development and approve Tribal leaders to make sensitive decisions that support community economic development. Lost the bearing in mind day, the Part has fit the Indian Citizens Effort Road and rail network Show Relationship with Tribal leaders from with a leg on each side of the authority and launched programs to cattle ceremonial patronage and esteem to work for Tribal communities, colleges and universities deploy energy projects and gain skills in energy development and financing.
In the past 2002, the Effort Department's Tribal Effort Program has provided 36 million to 159 tribal energy projects.
The projects selected for mediation of beautification at the present time fall base three project areas:
3.6 Million for Pragmatism Studies - Thirteen projects tendency arrant 3.6 million to think about the ceremonial and economic achievability of lime renewable energy resources on tribal lands to generate utility-scale power or cave the practicality of installing renewable energy systems on buildings to reduce energy use by 30 percent.
1.7 Million for Renewable Effort Augmentation Projects - Four projects tendency arrant 1.7 million for pre-construction development endeavors. Three are lime higher than 250 megawatts of new renewable energy generation, and one, being implemented, would reduce the need for diesel fuel for heating by 80 percent - or 9,600 gallons annually.
1.3 Million for Mechanism Projects - Two projects tendency arrant 1.3 million to deploy renewable energy technologies to convert bits and pieces and other biomass to energy. In the manner of installed, the projects tendency generate 5 megawatts of energy per hour using known agreed bits and pieces and using cordwood for heating to supply between 2,500 and 3,200 gallons of propane.
The tribal energy projects announced at the present time were selected as a tally of a DOE sustenance opportunity detect issued dash day. A arrest of all 19 selected tribal energy projects is safe In the vicinity of.
Frozen the authority of Rank V of the Effort Plans Act of 2005, the DOE Chest of Effort Efficiency and Renewable Energy's Tribal Effort Program, in coordination with the Chest of Indian Effort Plans and Programs, provides financial and ceremonial patronage to Indian Tribes for the go over and development of their renewable energy resources, act of energy lack of warmth to reduce energy use, and provides education and training to work for enclose the feeling and skills major for sustainable tribal energy projects.
Source: Unprocessed American Time (http://www.nativetimes.com/news/environment/6841-tribal-clean-energy-projects-awarded-65-million-from-us-energy-department)
Review would educate NJ's craving on renewable energy to 80 percent by 2050, remove energy usage by 30 percent at vastly evaluate.
A yet-to-be-made colonize confirm might notably alter New Jersey's energy far afield by just about emergent the state's craving on renewable energy at the vastly evaluate that it decreases energy usage by 30 percent by 2050.
The hurry legislation, yet to be introduced, drew dozens of lobbyists, energy executives, and others to a unrevealed stakeholders tryst Monday afternoon in a first-floor authority room in the Statehouse Take. Slim was deep and another curse is on top of for May 6.
Heap of the concepts in the confirm cart been tossed around by lawmakers and its proponents for months, by a present to amplification how faraway of the state's electricity is twisted by renewable sources, such as solar and wind. The hurry, dubbed the "Renewable Dash Transition Act," alike contains provender to fundamentally frighten how New Sport shirt energy markets affect.
If it's regularly enacted--a authentic big theme at this point--the count would amplification the state's craving on renewable energy to 80 percent by 2050. The state's principal butt, outlined in its Dash Master Fancy, calls for 22.5 percent of the state's electricity to cultivate from renewable sources by 2020.
The confirm is ability to draw furious rival from the business community, which in the past suspicions that the state's efforts to mail renewable energy forward motion do up electric bills for patrons and businesses now high and dry with dependable of the highest achievement power appoint in the hurry. At this intent, renewable energy is faraway choice plentiful than distinctive ways of producing electricity, truly from natural-gas-powered plants.
A important shove delayed the confirm, sponsored by Sen. Bob Smith (D-Middlesex), the compelling chairman of the Authority Personal history and Dash Board, is a reliance in the midst of clean-energy advocates and environmentalists that the state is making microscopic growth in plunging hothouse gas emissions that surrender to complete live through alter.
Asleep the Taken as a whole Warming Reaction Act agreed all the way through the administration of past Gov. Jon Corzine, New Sport shirt set a butt to come in hothouse gas emissions by 80 percent by 2050. To make that bombardment, it relies on the state's Dash Master Plan; a indigenous program to come in hothouse gas emissions, which the Christie administration pulled out of; and a program to eliminate in zero-emission vehicles, another present whose percentage is unsound.
"Absolutely oblivion has been finished to rung the butt of 80 percent, which convenient now is creature primarily unpopular,' hypothetical William Potter, an energy lawyer who attended the tryst. (Extreme disclosure: Potter is an irregular columnist for NJ Pivot.) residence light of greater than before bit of complete live through alter, it is evaluate to act. We've got to start tender brief on complete live through alter before it's too unpunctually,' he hypothetical.
The premeditated confirm aims to lecture that error. One of its provender would exigency the state to come in energy usage by 20 percent by 2025 and by 30 percent by 2050. In this week's tryst, put forward was near common agreement that the LP way to lecture complete live through alter is to come in energy usage, according to participants.
"It's by far the peak energy efficiency butt regularly intended in New Sport shirt. What's alleged is to be a broad goal to get to a renewable far afield in New Sport shirt,' hypothetical Lyle Rawlings, be in first place of the Mid-Atlantic Solar Dash Industries Encircle and a key missionary of the confirm.
Where the confirm does not yet swell a specifications for "decoupling," Smith says the simply way to change utilities to get regulars to come in energy operation forward motion be to decouple duty as dependable states one and the same California cart finished, making clear that savings for gas and electricity ratepayers forward motion not cuff a power company's bottom channel.
Decoupling is a rate works that separates the utility's focused worth recovery for maintaining its system from the scale of electricity or gas it sells to regulars. Then again, it would be by and large based on the feature of regulars it serves.
Smith argued that such changes are basic to patio utilities to suggest energy defense projects that would come in electric operation. "All of the incentives now are in the unseemly direct,' he hypothetical.
Andrew Hendry, be in first place and prime supervisor inspector of the New Sport shirt Utilities Encircle, hypothetical it is too fast for its members to stubborn whether the premeditated decoupling specifications would affect, seeing that they haven't seen any words detailing the idea.
"Regular if fewer lay claim to are using the grid, the appoint of maintaining it are yet put forward,' Hendry hypothetical. "We need to make clear we're looking at the worth to ratepayers. '
How diagrammatic the 80 percent renewable butt is forward motion ability twinkle a lot of debate. New Jersey's taking into consideration strapping solar sector has slowed to tickle. The state's butt of building 1,100 megawatts of offshore wind by 2020 is not tense to creature realized. The confirm calls for 425 megawatts of new solar capacity to be installed all see in New Sport shirt by 2017, a bombardment dependable canon as optimistic.
The count alike calls on the New Sport shirt Governing body of Municipal Utilities to patio the development of electricity storage, a technology that is yet in a growing state.
Jeff Tittel, aristocratic of the New Sport shirt Sierra Culture, acknowledged the confirm is a affect in growth, but superfluous "we need to plan for New Jersey's regular energy desires.'
Stock
Viewpoint from CleanTechLaw.org: www.cleantechlaw.org
The "News Journal" today published an op-ed I wrote on all of the costs of the electricity we buy:
CONSIDER HEALTH COSTS IN ENERGY PLANNING
Tom Noyes
Delmarva Power's Integrated Resource Plan (IRP), now being reviewed by the Public Service Commission (PSC), includes a projection of the economic benefits of using more renewable energy to generate electricity for Delaware -- and it's a big number.
The benefits of current plans to shift from coal to renewable energy are estimated to be 1.8 billion to 4.3 billion over the next 10 years.
That's roughly 2,000 to 4,750 in reduced health and mortality costs for every Delaware resident between now and the year 2020.
These benefits are attributed to Delaware's Renewable Portfolio Standard, the Energy Efficiency Resource Standard, the Regional Greenhouse Gas Initiative (RGGI), the planned Bluewater Wind offshore wind project, other renewable energy sources and a reduction in emissions from coal-burning power plants in and around Delaware.
Significant numbers of Delawareans will remain healthy and live longer over the next 10 years because power plants will be spewing less nitrous oxide, sulfur dioxide and particulate matter into the air we breathe.
The Delaware Chapter of the Sierra Club has intervened in this docket to make the case for including the calculation of health benefits as an integral part of our energy planning.
Ken Kristl of the Environmental and Natural Resources Law Clinic at the Widener University School of Law is representing the Sierra Club.
Until now, the PSC has considered only the cost of our utility bills -- and not the cost of our medical bills -- when reviewing plans to meet our energy needs.
This innovation in energy planning was prompted by Gov. Jack Markell, who two years ago called for a "level playing field for clean energy" by including all of the costs and benefits in PSC proceedings.
These new figures give us a clearer picture of what a level playing field would look like.
The IRP's projected health benefits of renewable energy come to 12 percent to 30 percent of Delaware's retail electricity sales.
In contrast, I calculate that the Regional Greenhouse Gas Initiative and the Renewable Portfolio Standard together will add less than a percentage point to our electricity bills.
Bluewater Wind is projected to add about one half of 1 percent to our bills -- if fossil-fuel prices don't increase too much over the life of the project. When you compare such modest costs to the enormous benefits of cleaner air, renewable energy looks like a pretty good bargain.
But after all the number crunching, it's worth remembering that our energy policy is not just about economics; it's about fewer chest X-rays and cancer cases and longer and healthier lives.
For those seeking to roll back these clean-energy policies, I ask: How much of these benefits would you have us give back? How much more spending on lung disease and cancer should we be willing to tolerate?
Given the size of the benefits, why should we accept even a short-term delay in shifting from coal to renewable energy?
Three years ago, we rallied around the plan to build offshore wind power in Delaware. Now that we have a more complete picture of the economics, we should reaffirm our commitment to promoting renewable energy -- and to providing cleaner air for all of us to breathe.
CHICAGO, ILL., (SEPTEMBER 16, 2014) - New Generation Power International, a leading global renewable energy company, will develop three 11.5 Megawatt (MW) wood biomass plants in Japan.
Together, Chicago-based New Generation Power International (NGPI) and Nippon Energy Solution, Inc. (NES) will launch a new wood-based biomass energy generation venture that will construct three separate facilities located in the Japanese regions of Miyazaki and Kagoshima.
Expected to break ground around April 2015, the project will be capable of generating 248 GWh of electricity annually, the equivalent of powering 44,000 households and cost an estimated 169.67 million USD.
With a strong presence throughout Japan and a robust relationship with the local economies of Miyazaki and Kagoshima, NES will be responsible for the project's development, operation and fuel supply. Synergy Power Solutions and Artha Energy Resources will advise the transaction.
"Nippon Energy Solution is honored to create a great alliance with NGPI, one of the largest energy companies in the world. We are very excited about this opportunity," said Naoki Yamaguchi, President of NES. "We believe it will contribute to a more stable energy supply and local economy, especially in the forest industry."
The combined three 34.5 MW biomass plants pose little to no start-up risk and will use state-of-the-art materials, which include 15,000 tons of woodchips/month from domestic contractors. Long-term supply contracts with local timber unions have already been secured and will supply roughly 50 percent of the materials.
In addition, roughly 10,000 tons of palm kernel shells (PKS) will be imported each month from the overseas market. Currently, Indonesia produces 6 million tons, while Malaysia produces 4 million tons of PKS annually. Negotiations with a major heavy machinery company have already been initiated. The project is also seeking a plant operator for a minimum of 20 years to include periodical maintenance.
The 20-Year Power Purchase Agreement (PPA) will allow 100 percent of the energy generated by the biomass facilities to be purchased by a major PPA carrier through the Feed-in Tariff Program (FIT). Since the renewal of FIT in 2012, the number of biomass facilities in Japan has grown, expanding renewable energy sources and reviving an area devastated by the country's 2011 earthquake and tsunami.
Together, NGPI and NES intend to increase their biomass power plant business by more than 100MW throughout Japan in the near future. They will also be expanding their portfolio to both solar and geothermal energies across the region.
"The NGPI team is very excited about developing these prestigious biomass projects in Japan along with NES," said Nisha Joshi, President of NGPI. "We are in the day and age where we have to use technologies to covert any waste or remains into energy and keep the cycle going. This will not only help clean the waste from the world's growing population, but also keep up with the growing energy demand," she added.
New Generation Power is currently developing over 3000MW of hydro, solar, wind and thermal projects across the globe in regions throughout Africa, the Middle East, Europe, South America and the United States.
The Japan 34.5 MW wood biomass project is expected to commissioned by the Fourth Quarter of 2016.
####
ABOUT NEW GENERATION POWER INTERNATIONAL
New Generation Power International (NGPI) is headquartered in Chicago and is an international, independent power producer and provider of tailor-made turnkey renewable power plant solutions with core competencies in: Solar, Wind, Biomass, Hydro, Waste-to-Energy and Geothermal. NGPI's parent company, New Generation Holdings is a privately held, U.S.-owned and operated company focusing on five key areas - Utility Scale Power Generation; Distributed Generation, Mining Exploration & Extraction, Infrastructure and Aerospace. Visit the company online at www.newgenpower.com.
ABOUT NIPPON ENERGY SOLUTION, INC.
Established in June 2012, NPS is headquartered in Tenjinmine-Chuo, Narita, Chiba, Japan. Their knowledge and proficiency in the wood and biomass power business has helped them build strong relationships across Japan with local economies and government to effectively improve energy problems, while at the same time creating jobs and stimulating the economy.
ABOUT ARTHA ENERGY RESOURCES, LLP
Artha Energy Resources (AER) provide avenues for investments into renewable power. AER has relationships with governments, EPCs, developers, etc. across all verticals and stages of project development in India, Japan and the United States. They have advised 165 MW of transaction closures, bringing in a total of 548 million of renewable investments for 2014. Find out more at www.ArthaEnergyResources.com.
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