This week our attention is drawn to a remarkable increase in the use of renewable energy in Europe. Recent reports indicate that Germany, had impressive growth in renewables through the first half of 2014. Germany is relying more on renewables – wind, solar, hydro and biomass – with an extraordinary 28.5% of its energy coming entirely […]
Join Greenwood for National Bioenergy Day!
SAVE THE DATE – OCTOBER 22nd 2014 On Wednesday October 22nd 2014, join the Greenwood team as we partner with Biomass Magazine, BTEC, ACORE, US Forest Service, Pellet Fuels Institute, Plum Creek, Forest Landowners and the Biomass Power Association, to present National Bioenergy Day. We will be holding open houses and technology demonstrations at two […]
EIA Predicts Significant Increases in Wood Heating this Season
According to the January issue of the EIA’s Short Term Energy Outlook, the number of homes using wood heat will increase significantly over this heating season. The report indicates that during the 2012-’13 winter 598,000 households in the Northeast are expected to heat with woody biomass, a 7.7 percent increase. In addition, the EIA is […]
EIA: Expect 20% Increase in Heating Bills for 2012/13 Winter
According to the EIA (U.S. Energy Information Administration), the average US home heating with fuel oil will spend almost 20% more this year on heating as compared to last year. In their annual Short-Term Energy and Winter Fuels Outlook Report, they indicate that the return of normal winter conditions and increases in fuel prices will […]
Will Old Man Winter Make a Return this Winter?
Over the past year we have seen an incredible warm spell – during both the winter and summer months. So, I bet you are asking yourself, what do we have in store this coming winter? Well, to help answer that question, Caleb Weatherbee, the venerable forecaster for the Farmers’ Almanac, recently released his winter outlook. […]
Oil increases to highest level since 2008
This past week, oil prices reached their highest level since 2008 and peaked at over $128 per barrel. Much like the increases last year, the concern with supply disruptions sent prices higher. This time it was concern with Iran, last year it was Libya — in the not-too distant future, we’ll be hearing about the […]
Housing Recovery Forecasted to Drive Modest Economic Growth in 2012
According to the 2012 Fannie Mae Housing and Economic Report, home sales and construction will improve this year, contributing to a modest lift in the US economy. After acting like an anchor on the economy since 2006, this is welcome news. While slow at first, the sales of new and existing homes are likely to […]
Wood: The Fastest Growing Heating Fuel in the United States
Data from the 2010 US Census shows that wood heat grew faster than any other heating source in the last decade. The use of wood fuel grew 34% compared to the 26% increase for electricity. Wood heat grew fastest in the Northeast and the Great Lakes regions with Michigan and Connecticut seeing the largest increases […]
The new oil? There is gold in the forest.
Yes, you read the headline correctly, some are predicting that wood fuel is ready to make a big move similar to oil’s rise from $20 to $150 a barrel. According to the Globe and Mail, there are lots of reasons to be bullish, some more obvious than others: Demand is up in China, which recently […]
European Biomass Demand To Grow 44% By 2020
According to a new study from RISI, a global forest products industry information provider, renewable energy policy in Europe will generate a 44% increase in biomass demand by 2020. Biomass is currently the largest source of renewable energy in Europe which poses challenges of its own. The demand is high, however the report goes on […]