Residue may top €65 a tonne

SOURCES in Coillte have predicted the value of forest residue could be boosted to €65 per tonne by the Government’s support price structure for bio-energy.

In May, Energy Minister Eamon Ryan announced the Government support, and said it brought farmers to the forefront of the green economy and the fight against climate change.

Minister Ryan said a guaranteed support price for bio-energy will range from 8.5 to 15 cent per kilowatt hour, depending on the technology deployed.