December 14, 2017
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Comments for: Verso nears completion of boiler upgrade to allow mill to sell electricity

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  • Anonymous

    Good job, Verso!

  • Anonymous

    If your company was actually losing $39 million in the first quarter of the year wouldn’t your investors be screaming to close it so they wouldn’t lose any more money?

    • Anonymous

      You dont know a lot about the papermaking business,do you? Or, any business at all.

  • Anonymous

     Good news for a change.  It’s hard to find something that people in Bucksport can be proud of. 

  • Anonymous

    You just can’t win with the carbon commandos.

  • Anonymous

    I scratch my head, they makin’ paper or power? I see no long term run for this bio mass (wood), takes a lot of diesel to haul this, like going back to locomotives to haul their trains, generating power with wood, somehow I regretably see a downward spiral for Verso, I hope I am wrong.

  • Apparently BDN has a problem so here we go again. I hope that this Verso plant works. But I also hope they learned from Lincoln Paper about getting cute with rate’s and timing. The Fed’s FERC gave everybody a VERY big warning shot when they slammed Lincoln earlier this year. Verso should be looking at that as big warning to not even think about going there. They concentrate on power, for the long term, and they are gonna be making money for a very long time. They do the ‘quick buck’ thing, like Romney’s buddy’s do, and they are gonna be putting the CLOSED sign up in less than a year, with the Fed’s right behind them asking a lot of very unpleasent question’s.   

  • Very exciting & very promising step towards energy diversity and to strengthening our mills and developing wood product in synch with demand.

    Here is a bit of very readable background on bio mass fuels which are already a top global supplier of energy and could potentially provide 20% of the worlds’ sustainable energy output by 2050.  Seems logical that in Maine that share could be significantly more than 20% since we have all these trees and still, thankfully, have a network of mills.

    http://www.climateactionprogramme.org/analysis/measuring_the_carbon_footprint_of_biomass_fuel/.

    The jury is out on whether bio mass is carbon neutral but I suspect in a situation like this where:

    (a)  two uses are generated from one trip of raw product
    (b) the raw product is local, plentiful and a short distance away

    It has to add up to great news on reduced carbon emissions for Maine’s energy future. 

    Makes a lot more sense to me than heavy subsidies to strip huge swaths of wood product from our mountain tops and hauling in units that come all the way from europe to capture wind.

    Per mega watt I’ll wager there was far less public subsidy and far more public benefit from this bio mass project than ther is from any wind mill in Maine.

    And all of that is hopefully good news for long term job security

     

  • Anonymous

    What is lacking from this story is the fact that the Bucksport Town Council gave Verso a property tax exemption for this facility which is shifted onto every other property owner in Bucksport,   As the BDN reported on October 2, 2010:   “Based on Verso’s estimates, that would return about $275,926 in TIF funds to Verso annually and more than $8 million over the 30-year life of the TIF. About $2 million of that total would be allocated for research and development.”    BOHICA, Bucksport!

  • Anonymous

    ” and may contribute to the overall level of greenhouse gas emissions” So what. The great man made global scam was exposed years ago for the fraud that it is.
    http://www.climategate.com/
    So why is that nonsense even mention in print anymore.  But environmentalist scam artist aside, anything that actually put reliable energy the gird is a good thing(sorry wind).

  • Joe

    “270 tons of carbon dioxide production every day”?
    A year perhaps?

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