US Department of Agriculture Publishes Final Rule for Biomass Crop Assistance Program (BCAP)

November 7, 2010

The Biomass Crop Assistance Program (BCAP), which was first launched by the US Department of Agriculture as a pilot national biomass incentive program in 2008, has since been published with additional rules and reactivated this month. Under the finalized rules, the US government will resume funding for up to 75% of producers’ costs in the establishing of a wide variety of biofuels. Materials that qualify for the scheme range from wood chips and crop residues to switchgrass, woody plants, algae and animal and food waste.

Through the implementation of the revised program, the US hopes to promote production of fuel from renewable sources and meet renewable energy demands. With the government’s boosted support for biofuels, questions below remain:

  • Will this majorly change the role of the US as a key biomass supplier to Europe and the World?
  • Are existing and future market demands expected to be sufficient to absorb the increased influx of supply?

The Biomass Trade & Power Americas to be held in Atlanta on 25-26 February 2011 invites all top stakeholders to participate and critically analyze the impact on global trading. The program agenda for the conference is soon to be finalized and updated shortly. Those with enquiries on early registration or for more program details can email Reema Patnaik at reema@cmtsp.com.sg.

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