Saturday, October 04, 2014 6:28:53 PM
Regarding your comments about plant capacity...You are correct that one torrefaction machine won't cover all of Europe's biocoal needs. Who said it would? You're missing the point completely. The point is, they will take all we can produce. 50,000 tons per year is a drop in the bucket compared to what they need to comply with EU clean air requirements. That's why we have competitors in Denmark and France. Who said we are going to stop at one machine? A 500MW power plant uses over 1.2 million tons of coal per year. A 75/25 blend with biocoal means one average-sized power plant would need 300,000 tons of biocoal. With one machine, we can't even fill the needs of one power plant. The demand is tremendous, and it's Govt. mandated. Why would we stop at one machine?
RL
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