PNG Biomass - Powering Papua New Guinea, Empowering Communities

Benefits and opportunities

COMPETITIVE ENERGY — The energy produced by PNG Biomass will be stable, competitively priced and not affected by increases in oil prices.
ENERGY INDEPENDENCE — The domestic generation of power ensures a long-term reduction in exposure to power prices associated with increasing imported diesel and heavy fuel oil costs.
EMPLOYMENT OPPORTUNITIES — Over the 25-year project life, PNG Biomass will create major local employment opportunities with over 500 ongoing jobs and an additional 650 jobs during construction and plantation establishment, with PNG nationals constituting more than 95% of the workforce.

LANDHOLDER PARTICIPATION — Landowners benefit from land rental, crop share, employment and local business. They can obtain additional benefits from intercropping, where food and cash crops are planted between the rows of plantation trees.
CLIMATE AND SUSTAINABILITY — PNG Biomass will enhance PNG’s international environmental reputation and demonstrates PNG leadership in climate adaptation and renewable energy.
ELECTRIFYING PNG — PNG Biomass contributes to the PNG Government’s goal of increasing access to electricity to 70% of the population by 2030.
CARBON EMISSIONS — PNG Biomass is expected to displace fossil fuel generation of more than 4 million tonnes of CO2 emissions over the life of the project.