• 4 hours Shell Oil Trading Head Steps Down After 29 Years
  • 8 hours Higher Oil Prices Reduce North American Oil Bankruptcies
  • 10 hours Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 12 hours $1.6 Billion Canadian-US Hydropower Project Approved
  • 13 hours Venezuela Officially In Default
  • 15 hours Iran Prepares To Export LNG To Boost Trade Relations
  • 17 hours Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 23 hours Saudi Oil Minister: Markets Will Not Rebalance By March
  • 1 day Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 1 day Rosneft Announces Completion Of World’s Longest Well
  • 1 day Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 2 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 2 days Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 2 days Santos Admits It Rejected $7.2B Takeover Bid
  • 2 days U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 2 days Africa’s Richest Woman Fired From Sonangol
  • 2 days Oil And Gas M&A Deal Appetite Highest Since 2013
  • 2 days Russian Hackers Target British Energy Industry
  • 3 days Venezuela Signs $3.15B Debt Restructuring Deal With Russia
  • 3 days DOJ: Protestors Interfering With Pipeline Construction Will Be Prosecuted
  • 3 days Lower Oil Prices Benefit European Refiners
  • 3 days World’s Biggest Private Equity Firm Raises $1 Billion To Invest In Oil
  • 3 days Oil Prices Tank After API Reports Strong Build In Crude Inventories
  • 3 days Iraq Oil Revenue Not Enough For Sustainable Development
  • 4 days Sudan In Talks With Foreign Oil Firms To Boost Crude Production
  • 4 days Shell: Four Oil Platforms Shut In Gulf Of Mexico After Fire
  • 4 days OPEC To Recruit New Members To Fight Market Imbalance
  • 4 days Green Groups Want Norway’s Arctic Oil Drilling Licenses Canceled
  • 4 days Venezuelan Oil Output Drops To Lowest In 28 Years
  • 4 days Shale Production Rises By 80,000 BPD In Latest EIA Forecasts
  • 4 days GE Considers Selling Baker Hughes Assets
  • 4 days Eni To Address Barents Sea Regulatory Breaches By Dec 11
  • 5 days Saudi Aramco To Invest $300 Billion In Upstream Projects
  • 5 days Aramco To List Shares In Hong Kong ‘For Sure’
  • 5 days BP CEO Sees Venezuela As Oil’s Wildcard
  • 5 days Iran Denies Involvement In Bahrain Oil Pipeline Blast
  • 7 days The Oil Rig Drilling 10 Miles Under The Sea
  • 7 days Baghdad Agrees To Ship Kirkuk Oil To Iran
  • 7 days Another Group Joins Niger Delta Avengers’ Ceasefire Boycott
  • 8 days Italy Looks To Phase Out Coal-Fired Electricity By 2025
China’s Mysterious Arctic Silk Road

China’s Mysterious Arctic Silk Road

As China pushes through its…

Putin Aims To Profit From China’s Silk Road Initiative

Putin Aims To Profit From China’s Silk Road Initiative

Despite U.S. sanctions on Russian…

Biomass Plants Proposed to Dispose of Fukushima Disaster Debris

Biomass Plants Proposed to Dispose of Fukushima Disaster Debris

Japan’s Forestry Agency is considering building biomass power plants that can use timber from the thousands of houses that were destroyed by the massive 11 March tsunami.

Senior vice minister of agriculture, forestry and fisheries Takashi Shinohara said, "Initially, wooden debris will be used for power generation and when it becomes financially viable, wood thinned from forests will be used," Kyodo news agency reported.

The Forestry Agency noted that the earthquake and subsequent tsunami created 25 million tons of debris from houses alone, with roughly 70 percent of it wood and even excluding waterlogged debris there are still 5 million tons available.

Critics are questioning the financial viability of the idea. Miyuki Tomari of the Biomass Industrial Society Network said, “It's good so long as there is debris, but that is after all a stopgap,” noting that of the country’s 144 timber-based biomass plants, "Many are struggling after having failed to eke out a profit."

The Forestry Agency is considering building five plants adjacent to timber processing factories, including those slated for reconstruction from the tsunami. Takashi Shinohara, senior vice minister of agriculture, forestry and fisheries, said, "Initially, wooden debris will be used for power generation and when it becomes financially viable, wood thinned from forests will be used."

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News