Biomass Secure Power signs MoU to deliver biocoal

The British Columbia, Canada based Biomass Secure Power (BSP) has entered into a memorandum of understanding (MoU) with a power company located in the United States. The MoU became effective on 18 April.

Both companies are engaged in the production of renewable heat and power by using sustainable fuels in their existing infrastructure. The MoU states that Biomass Secure Power will commence shipping of biocoal from Q3 of 2019: up to 200,000 metric tonnes in 2019, up to 300,000 metric tonnes in 2020, and up to 400,000 metric tonnes in 2021 or as adjusted by further agreement. BSP and the power company are obligated to enter into good faith negotiations towards a long term supply agreement in no less than twenty years.

BSP has engaged Wood PLC as the engineering, procurement and construction contractor (EPC) for the Natchitoches plant and expects to break ground in the spring. The company says that the plant will be the first to produce a torrefied product in large volumes. It is planned to install equipment that will produce 240,000 tonnes per year at the end of phase one construction. BSP plans to continue the development of the Natchitoches plant in two further phases, increasing production by 400,000 tonnes per year for each added phase. The plant is expected to reach full capacity (one million tonnes annually) within 36 months.