After analyzing public data, Forisk Consulting has indicated a success rate of 67% for bio-energy projects that make use of wood in the U.S. The findings have been published in “Wood Bioenergy US” magazine.
The tracking as well as screening of bio-energy projects pose a real challenge for those who are interested in timberland markets, economic development and renewable energy investments.
In this context, projects having the highest success probability share two requirements; one is employing the currently scalable and viable technology while the other is demonstrating verifiable progress towards the planning and execution of the bio-energy project development.
Forisk Consulting has screened 363 operating and announced bio-energy projects that consumed wood. These projects represent incremental, potential wood usage of 121 million tons annually by 2020. Forisk Consulting analyzes the timber and wood markets along with the financial performance about timberland investment vehicles.