The SBA's proposed rule (RIN 3245-AF 86) needs to specifically include companies which make renewable solid fuels from plant and woody biomass, using a process called torrefaction, or other forms of pyrolysis.
These fuels are of great interest to electric utilities and other coal users, because the will allow the co-fire or 100% use of such fuels, in existing coal-fired units, without any significant equipment upgrades.
The production of such fuels is not covered by the Renewable Electricity Production Tax Credit, which is one of the criteria guidelines for the proposed rule.
Organizations like the Elecytric Power Research Institute, the research arm of North America's electric utiliy industry, tout the promise of torrefaction on their website. Search torrefaction at www.epri.com.
Comment on FR Doc # 2011-00486
This is comment on Proposed Rule
Energy Saving Qualified Investments: Small Business Investment Companies
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