Resource: Minneapolis Biomass Exchange
Title: Minneapolis Biomass Exchange
Resource type: Program/project
Topics: Agriculture, Energy
Keywords: biomass, renewable, waste
Audience: All
Region: Minnesota Statewide
Summary: This web-based clearinghouse has been developed to help connect biomass consumers and producers in an effort to increase the use of renewable resources for energy in Minnesota.
Content: A growing number of Minnesotans envision an energy future built on using energy wisely and generating energy from local renewable resources like wind, solar, biomass, and hydrogen from renewable sources. By relying more on community-scale renewable energy resources and energy conservation, communities can prevent pollution and create local economic development opportunities. See the 2006, 17-page report "Biomass Energy - From Farms to Forests, an Emerging Opportunity for Rural America," which focuses on Minnesota and is available for reading and downloading from Dovetail Partners at http://www.dovetailinc.org/files/DovetailBioenergy0306b.pdf

Opened in 2009, the Minneapolis Biomass Exchange at http://www.mbioex.com has as its mission to:

- Provide a better market opportunity for buyers and sellers
- Increase efficiencies by linking contract harvesters and transporters to buyers and sellers
- Increase knowledge and reduce risk for all exchange stakeholders through leading-edge technology

The Exchange provides a technology platform to allow others to trade biomass, and also provides strategy and financial projections for new projects on a limited basis.

The Minneapolis Biomass Exchange (MBioEX) will push the envelope on technology to create a more user-friendly biomass trading experience. Listings can be setup in two ways:

1) As field-side biomass (e.g. 100 tons wood chips, 50 bales of hay), or
2) By crop acreage (e.g. 300 acres corn stover).

The second method helps a farmer find a market first before harvesting. Plus custom harvesters know markets, too, and may wish to bid on the harvesting in addition to selling the feedstock to their clients.

Listings are free, and MBioEX will only charge a small facilitation fee if a buyer is found. The supply owner, and not the exchange, makes all trading decisions.

For more information, see the web site below.

Website: https://www.mbioex.com/
Suggested by: Philipp Muessig
Added: 08/16/05
Updated: 07/27/11