Fibrowatt is an independent power producer (IPP) and therefore is largely reliant on securing a long-term power purchase agreement (PPA) with utilities before major development activities can take place. Unlike these regulated utilities, which can incrementally seek ratepayer relief for increased costs, an IPP must rely on the financial strength and contractual protection of
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Posted by Terry Walmsley on August 9, 2010 in Georgia
If you have been following Fibrowatt in North Carolina, you may have heard news last week that the Yadkin Valley Chamber of Commerce in Elkin backed off of its previous support for our proposed FibroHills project in Surry County. While we know the Chamber continues to recognize the importance of the significant financial investment,
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Posted by Terry Walmsley on April 14, 2010 in North Carolina
On February 18th we mentioned that the N.C. Utilities Commission (NCUC) had one more issue to address regarding the poultry waste requirement.
Today, the Commission issued an order providing clarification on the allocation of utility obligations to meet North Carolina’s aggregate poultry waste set-aside requirements. In the Order on Pro-Rata Allocation of Aggregate
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Posted by Terry Walmsley on March 31, 2010 in North Carolina
Fibrowatt’s approach to “Power from Poultry Litter” is to develop a project properly sized to meet the need of the poultry industry in a particular poultry-growing region. To provide this alternative litter management solution, we also must be mindful of economic criteria – therefore a plant is sized according to somewhat opposing factors.
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Posted by Terry Walmsley on March 22, 2010 in Q-and-A
In a N.C. Utilities Commission (NCUC) order (opens as .pdf) today, the NCUC formally agreed to a request by the state’s electric utilities to withdraw their motion to delay and modify requirements relating to the use of poultry waste.
As we told you in December, this is an important development for Fibrowatt. This action confirms
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Posted by Terry Walmsley on February 12, 2010 in North Carolina