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2/29/2008
Rollcast Energy Inc. to Build Biomass Plant in Heard County |
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Rollcast Energy, Inc. has chosen a site in Heard County, near Franklin, GA as the location for the company's new biomass plant. The plant, named Greenway Renewable Power, is expected to be completed in 2010 and to employ as many as 25 people. It will produce approximately 50 megawatts, enough renewable energy to supply approximately 13,000 homes. It will sell this output to Georgia Power under a long-term contract.
Biomass, which includes plant matter such as trees, grasses, crops and waste wood, is the oldest form of renewable energy. Benefits of biomass plants compared to coal and other fossil fuel plants include reduced waste and reduced emissions. Biomass plants provide jobs and additional tax revenues for local economies.
"We're excited about this project for Heard County," says Julie Pope, president and executive director of the Heard County Chamber of Commerce & Development Authority. "It will be a $150 million investment in our tax base and bring more than 20 full-time permanent jobs. We also like the renewable and recycling aspects of the plant. It will give clean, reliable power for thousands of households with 100% waste wood, much of which would otherwise be buried."
"Biomass produces far fewer emissions than fossil fuels," says Rollcast Energy CEO Penn Cox. "It recycles carbon that already exists, so the process doesn’t add new carbon to the atmosphere. And the source of all the fuel is from within 100 miles of the site, so it has a greater economic impact on the region than coal or natural gas."
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