The French government has backed plans for the country’s first ever straw-fueled combined heat and power plant by handing a 20-year contract-for-difference to Biotricity Maubourguet SAS.
The 100 million-euro ($123 million) project in the southwest of France will produce 127 gigawatt-hours of electricity and 200 gigawatt-hours of heat per year to supply local food processors and crop driers as well as for biofuel production, the Irish-based company said March 2.
Contracts for difference guarantee the power price a project will receive for a set number of years.
The award is the culmination of a bid process started ...
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