Biomass Power and Thermal | Biomassmagazine.com

Biomass Power and Thermal | Biomassmagazine.com:

"Without improvements to policy or increases in power and REC prices, the outlook is bleak for Bridgewater Power Co., Indeck Alexandria, and Pinetree Power Tamworth and Bethlehem, both owned by GDF Suez. “Right now we’re losing money,” says Mike O’Leary, plant manager for Bridgewater Power, owned by Harbert Power Corp. and Public Service Enterprise Group. “If the situation continues based on the current forecast for power prices and REC prices, I don’t see [Bridgewater] surviving until the end of this year.”"