PORTLAND, Maine — A new study says wood pellets are a key to reduce heating oil in the Northeast by 25 percent.
A report called “A Bold Vision for 2025” says switching 1.4 million homes in Maine and six other regional states from oil heat to clean-burning, biomass boilers over the next 15 years would cut annual oil use by 1.14 billion gallons, create 140,200 jobs and keep $4.5 billion in the regional economy.
The Maine Sunday Telegram says the report was prepared by five trade groups, including the Maine Pellet Fuels Association and the Biomass Thermal Energy Council.
Meanwhile, the Telegram says plans to build a $20 million wood pellet manufacturing plant in Burnham this year have been put off, a victim of tight financing and lower demand.
Maine has four pellet plants.