Gulf Oil and Gas accountACCOUNT

Verso Launches Renewable Energy Project

Source: www.gulfoilandgas.com 11/19/2010, Location: North America

Verso Paper Corp. announced the launch of a $40 million Renewable Energy Project at its Bucksport, Maine mill. This project will provide a 43% increase in thermal energy production from renewable biomass at the Bucksport Mill and will generate additional green power – equivalent to the amount needed to supply electricity to 30,000 Maine households.

"This project represents what Verso stands for when it comes to our position as a green energy company and as a leader in environmental stewardship. We will have the ability to generate more green energy from renewable biomass, which reduces our carbon footprint, all while increasing overall energy efficiency,” says Verso President and Chief Executive Officer, Mike Jackson.

The Bucksport Mill will achieve these energy efficiency improvements by replacing coal with biomass in the #8 Boiler and installing a new 25-megawatt turbine generator.

Partnering with people and organizations at the local, federal and state levels is a key element in making this project a success.

“The forest products industry needs to change, and Verso is at the forefront of innovative practices such as improving energy efficiency by pursuing biofuel opportunities. Doing so also has the benefits of reducing greenhouse gas emissions and reducing overall energy consumption in Maine. We’ve been working aggressively to expand renewable power generation and have been recognized nationally for our efforts to promote energy efficiency. Partnering with private industry like Verso is essential for us to meet our goals,” says Maine Governor John Baldacci.

Funding for the Bucksport Renewable Energy Project includes a grant from Efficiency Maine. Efficiency Maine is an independent trust that invests in cost-effective energy efficiency or alternative energy projects to reduce energy costs and improve Maine’s business environment.

“This project illustrates Verso’s commitment to Maine and its surrounding community. Such an investment shows the company’s strong belief in this area, and also demonstrates its ability to adapt as a manufacturing business, thus keeping jobs at the mill. This project is another step in innovation that is helping to make Bucksport competitive in a tough global economy,” says Bucksport Town Manager Roger Raymond.

Verso is committed to continuing energy-saving efforts in Maine and company-wide.

Bob Gemmer, Technology Manager with the Department of Energy Office of Industrial Technologies says, “Verso is a great example of our industry partnership, the Save Energy Now LEADER program. The company is fully committed to reducing energy intensity by 25% in ten years and producing green power in a sustainable way.”

The Bucksport Renewable Energy Project is scheduled to begin construction before the end of the year.

Biomass Energy News in United States >>

United States >>  5/22/2019 - Sempra Energy (SRE) and Saudi Aramco announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement...
United States >>  5/21/2019 - With reference to announcements on 2 May 2019, TGS-NOPEC Geophysical Company and Spectrum have announced that their respective board of directors have...

United States >>  5/9/2019 - Anadarko Petroleum Corporation has entered into a definitive merger agreement with Occidental Petroleum Corporation under which Occidental will acquir...
United States >>  5/7/2019 - TechnipFMC (FTI) has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI) contract by BP for the Thun...

Related Categories: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 

Related Articles: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 


United States Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 |

More News

Related Links

CA US
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.