Estimates Of Wood Use By Bioenergy Projects Overstated; New Product Indicates 32% Success Rate

Wood Bioenergy South, a new subscription product from Forisk Consulting, solves challenges for those focused on bioenergy in the US South Web Site: http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/08-21-2009/0005081100&EDATE= Email this story to a friend     Print

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Estimates Of Wood Use By Bioenergy Projects Overstated; New Product Indicates 32% Success Rate ATHENS, Ga., Aug. 21 /PRNewswire/ -- All wood-consuming bioenergy projects are not created equal. For example, wood pellet-producing and wood-to-electricity projects rely on off-the-shelf, proven technologies while cellulosic ethanol projects depend on evolving and currently economically unviable technology. However, assuming all 100 wood bioenergy projects publicly announced in the US South succeeded, they would consume 40.9 million tons annually by 2020, a 20% increase of current total wood raw material use in the region. As a result, tracking and screening bioenergy projects remains increasingly difficult for those interested in renewable energy investments, regional economic development, and timber and timberland markets. Wood Bioenergy South, a new subscription product from Forisk Consulting, solves this challenge for those focused on bioenergy in the US South. In addition to securing financing and identifying a suitable location, wood-dependent bioenergy projects are subject to technological limitations, permitting timelines, and raw material constraints. Together, these elements provide a means for evaluating and assessing the true viability of announced projects. Based on currently available information applied to technology and operational status screens, Wood Bioenergy South estimates actual expected new wood demand from bioenergy in the US South at 13.1 million tons annually by 2020. This implies 68% of currently announced projects will fail to become fully operational. Timberland owners can use Wood Bioenergy South to track new markets for forest products, mill owners can find and screen potential buyers of mill by-products, and bioenergy firms can track and screen potential competitors for raw material in a given timber market. Wood Bioenergy South is available as a Microsoft Excel file. "This provides subscribers with an accessible, easy-to-use data format for conducting their own analysis in their specific wood basket," says Brooks Mendell, President of Forisk Consulting. For more information about Wood Bioenergy South, visit www.foriskstore.com and click on "bioenergy." A complimentary Wood Bioenergy South summary is available by signing up for the Forisk News at www.forisk.com. Contact: Amanda Hamsley Lang, ahamsley@forisk.com About Forisk Consulting: Forisk provides research, consulting, and educational services to operating, finance and strategy executives and analysts making decisions associated with timber REITs, timberlands, and wood-using energy and manufacturing facilities. Featured products include the Wood Demand Report, a quarterly report that tracks actual wood volumes consumed in the US South, and Wood Bioenergy South, which tracks over 100 wood-using bioenergy projects in the US South, updated monthly.

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Web Site: http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/08-21-2009/0005081100&EDATE= Category: Forestry>Industry Press Releases Region: Georgia Ad Running: 8/24/2009-8/24/2011 Ad Posted: 8/24/2009 1:07:51 PM Ad Viewed: 284 times