Biomass is a carbon-neutral, environment-friendly and sustainable source of power generation with a significant potential to reduce dependence on fossil fuel for power generation.
During the last decade, governments around the world have been shifting their focus towards woody biomass to diversify economies away from fossil fuels, mitigate climate change, and increase the share of biomass power in the overall power generation mix.
As a result, the market for biomass/wood chips is largely driven by the increasing number of countries adopting renewable energy support policies. The resultant requirement for utility companies to co-fire wood biomass for greener energy is creating an escalating demand for woodchips in Africa, Europe and throughout the world.
Our extensive contacts with potential offtakers for our woodchips, amongst whom the commodity trading houses and large utility offtakers who buy directly from the producer, have further confirmed this strong and growing demand in the market.
Clean Cook Stoves
Biomass Feedstock will also target the local West-African market for carbonized wood chips, which can be used safely in local cook stoves. In this respect it will seek cooperation with all parties involved within the Global Alliance for Clean Cook stoves initiative, in which Ghana serves as a focus country.
The Global Alliance for Clean Cook stoves is working with the government of Ghana, partners, and enterprises to enable 50% of Ghana’s population to access clean cooking solutions by 2020. Clean cooking has also been integrated into Ghana’s Sustainable Energy for All Action Plan. Over 13,000 deaths occur each year in Ghana as a result of exposure to Household Air Pollution (HAP) and more than 21 million people are impacted by exposure to HAP each year.
The Alliance is also partnering with government and in-country stakeholders, such as the Ghana Alliance for Clean Cook stoves (GHACCO), to improve the locally produced Gyapa-style cook stove through a variety of innovations to further increase efficiency and reduce emissions. The Alliance works with the government to improve the country’s regulatory environment to help strengthen and advance the clean cook stoves markets.
Ghana has also served as one of the first Alliance focus countries that has launched targeted-awareness raising campaigns and a pilot project to empower adolescent girls to serve as clean cook stoves and fuels advocates within their communities.