Dutch to limit forest biomass subsidies, possibly signaling EU sea change

In a speedbump for the accelerating biomass industry in the European Union, the Dutch Parliament on February 25 voted to stop issuing new subsidies for 50 planned forest biomass-for-heat plants, a rare industry setback cheered by the country’s biomass opponents and shrugged off by the industry itself. The vote came with a caveat: current annual subsidies of €578.5 million ($698 million) will remain in place for existing Dutch biomass plants — some 200 of which produce heat, while four power plants are co-fired with coal and biomass. The plants primarily burn wood pellets imported from the Sout…

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HEDGE accordingly