biomass

Ontario Investing $2.2 Million to Unlock New Markets for Forest Biocoal

The Ontario government is investing $2.25 million through the Forest Biomass Program to help CHAR Technologies commercialize biocoal, a rapidly emerging low-carbon fuel derived from forest mill by-products and underused wood.
Forest
Pixabay

This work will develop a new supply chain for made-in-Ontario forest products, create new revenue streams to drive growth in forestry and empower heavy industries to adopt sustainable fuels. As part of its plan to protect Ontario, the government is making strategic investments to help forest sector businesses adapt, compete and grow to stay resilient in the face of U.S. tariffs.

“Our government is protecting Ontario’s forest sector workers and businesses by empowering innovative businesses to create new markets and revenue opportunities from forest biomass,” said Kevin Holland, Associate Minister of Forestry and Forest Products. “By investing in emerging technologies, we are building strong local supply chains to create stable, long-term opportunities for workers and communities, and driving the growth of made-in-Ontario forest products. We are ready to lead and establish Ontario as a global leader in biocoal.”

This Forest Biomass Program investment will help CHAR Technologies improve biocoal’s storage and transport durability, needed for use in steelmaking at ArcelorMittal Dofasco. This project will support six existing jobs, create four new jobs and build a more productive and diversified forest sector by putting up to 180,000 tonnes of forest biomass to use each year. It will also establish a new supply chain with significant potential for future growth: collaboration between the forest sector and steel industry will demonstrate biocoal’s potential to other heavy industries, supporting the development of a growing biofuel network.

“We thank the Ontario government for its support to accelerate CHAR Technologies’ work in advancing biocarbon pellets as a made-in-Ontario, drop-in replacement for fossil carbon in steelmaking,” said Andrew White, CEO of CHAR Technologies. “This investment strengthens the market for forest biomass, supports jobs in the North, and positions us to increase supply to local partners and to begin exporting Ontario-made biocarbon to Europe, further strengthening the province’s trade opportunities.”

Since its 2023 launch, the Forest Biomass Program has committed over $50 million to more than 55 projects supporting the Forest Biomass Action Plan, a key element of Ontario’s actions to drive forest sector growth. Today’s investment accompanies the release of two progress reports showcasing the province’s growing forest bioeconomy:

  • The Forest Biomass Action Plan Interim Report documents key successes in the action plan’s ongoing implementation, equipping the forest sector to maximize the value of wood, develop new markets and create jobs
  • The Forest Biomass Action Plan Research Summary Report highlights new and emerging biomass uses which will provide added economic and environmental benefits to Ontario’s workers, families and businesses

In response to increased U.S. softwood lumber duties and tariffs, the government continues to protect forestry jobs and build a stronger, more resilient forest sector, delivering on commitments to workers, businesses and communities set in the Forest Biomass Action Plan and Sustainable Growth: Ontario’s Forest Sector Strategy.

Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).