Monday, November 06, 2017 3:38:49 PM
Here is the problem, average US electrical rates are something on the order of $0.10 per KwHr. That is just a little more than the cost of producing electricity from an AD plant? Tips are low. WIthout significant subsidies NO AD will make electricity for profit.
Now take Renewable natural gas, the going rate 4-5 per MMBTU. The cost to produce it from AD is more like $8-10 MMBTU. So without the RIN NO AD will make natural gas for a profit?
Sorry if you do not like the data, but it is really not very complicated. It is a VERY tough market to make money in, as BLSP is finding out. Yes, developers can make some short term monies putting the projects together, but these projects are very expensive to build and operate, most do not make it.
Time will tell, but the reason BLSP moved quickly away from the US is due to profits not being here.
Hope their Euro business does better.
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