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International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 06:13

Biomass exchange will be set up in Lithuania

Petras Vaida, BC, Vilnius, 21.02.2012.Print version
A biomass exchange would increase biofuel supply opportunities for small-scale suppliers who want to sell it to big-scale heat producers, says Nerijus Udrenas, President Dalia Grybauskaite's adviser on economic and social policy issues.

In January 2012, the Government showed support for plans to set up a biomass exchange in Lithuania, expecting that parliament would pass all necessary laws in the spring session, putting the exchange in operation as of next heating season, writes LETA/ELTA.

 

"A biomass exchange would increase biofuel supply opportunities for small-scale suppliers who want to sell it to big-scale heat producers. It would also allow having anonymous trade when a buyer and a seller do not know each other. In turn, smaller-scale suppliers would be able to sell their production," Udrenas said Tuesday on the radio Ziniu Radijas.

 

The presidential advisor also pointed out that at present major heat producers announce public tenders for extremely large quantities of biofuel and, as a result, small suppliers cannot win them. Meanwhile, as Udrenas says, the biomass exchange would provide some limits on that. "That would allow smaller-scale suppliers bidding and winning as well," he said.

 






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