Expansion of Wood Heating Tax Credits to Commercial Applications

When:
May 20, 2021 @ 1:00 pm – 3:00 pm
2021-05-20T13:00:00-04:00
2021-05-20T15:00:00-04:00
Where:
online
Cost:
$0 to $100
Contact:
Peter Thompson
202 596-9743 x02

The Biomass Thermal Energy Council (BTEC) is holding the 2021 Biomass Thermal Summit as a series of weekly programs on Thursdays between May 6th and June 10th  to discuss the contributions that biomass thermal energy can make to mitigate climate change and to discuss policy and regulatory solutions to expand the industry’s beneficial impacts, create new markets for woody biomass resources and the environmental benefits of closed-loop forestry and agricultural industry.

Biomass for heat provides a locally sourced, renewable heating fuel for homes, businesses and municipalities across the country, enabling the transition away from fossil fuels for heat. The inclusion of biomass heating technologies in federal tax, natural resource, and energy policy aids in achieving climate, air quality and environmental goals. The purpose of this Summit is to continue the dialogue between the industry and federal policymakers on the role of wood heating as a decarbonization pathway for thermal energy.

The third session of the Summit will be held at 1 pm on Thursday, May 20th to discuss Expansion of Wood Heating Tax Credits to Commercial Applications

Commercial-scale biomass heating systems have a high initial capital cost but offer a long-term renewable heating solution that uses a local resource. Other renewable energy industries, like solar and wind power, have seen a rapid expansion of production and deployment due to comprehensive public policies in the form of investment and production tax credits. How can the tax code be reformed to overcome the capital barriers of biomass heating systems?

Speakers:

  • Moderator: Charlie Niebling, Principal & Partner, Innovative Natural Resource Solutions
  • Mark Froling, President, Froling Energy
  • Andrew Haden, President, Wisewood Energy (invited)

To take part in the Summit, register at https://ttc.swoogo.com/2021BTECThermalSummit

BTEC members, government agency representatives and academic researchers can register for free.