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Silver Bay Biomass Binary Power Co‐generation Executive Summary (continued) The pellet plant will cost approximately $15 million as well. At a $150 per ton average selling price and a $110 per ton manufacturing cost (raw materials, supplies and Operating and Maintenance , O&M), the 100,000 tpy plant will generate about $4,000,000 in pre‐tax net income. The renewable electricity generated has an estimated value of $650,000 per year and the biomass District Heat has an estimated savings of $200,000 when compared to natural gas. The total revenue and savings from the plant is estimated at about $4,850,000 per year. Approximately forty (40) construction jobs, fifteen (15) permanent pellet plant operating (included in the O&M costs) and 6 logging jobs could be created. Emissions would be very low with this system. The Thermal Oil Heater has flue gas recirculation for Oxides of Nitrogen (NOx) control, Overfire Air for Carbon Monoxide (CO) control and an Electrostatic Precipitator (ESP) for Particulate Matter (PM) control. Complete system emissions at Maximum Potential to Emit (24/7 365 days per year at permitted rates) will be less than 235 tpy. At full park build‐out and full pellet production, approximately 150,000 tpy of CO2 will be displaced. This is roughly equivalent to taking nearly 75,000 cars off the road. Local forest management and wildfire prevention will be enhanced and there is abundant wood available. There is a growing consensus that our carbon based economy has to evolve to renewables. With limited solar and an obvious abundance of heating demand and wood, it appears that wood‐based pellets is an excellent economic diversification opportunity and ORC district energy is a practical and cost effective heating alternative for the SBEIP. Alternative biomass technologies, i.e., pyrolysis and gasification, have some distinct disadvantages, specifically the need to dry feedstock first and either handling the pyrolysis oil (said to be worse than No. 6 Fuel Oil) or clean the producer (synthetic) gas of tars and ash. 7PDF Image | Biomass Binary Power Co-generation
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