US biomass plant inks $2.3bn power deal

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City of Austin says "we'll buy all the power you can generate" to 100MW wood-fired plant in deal that will see almost a fifth of the city's energy come from renewables

The City of Austin is hedging the risk of rising natural gas prices by signing a $2.3bn power purchase agreement with a biomass power plant. The agreement, to last 20 years, will see utility Austin...

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