Quesnel, British Columbia
The Quesnel, British Columbia BDO Zone for Woody Biomass is rated ‘A’.
Rating Issue Date: February 14, 2024.
'A' ratings denote high prospective viability of Feedstock Supply and Infrastructure and low expectations of default risk in the Zone. Capacity to support new biobased plant operations is considered strong.
Quesnel, BC holds an investment-grade BDO Zone ‘A’ Rating for Forest residuals, Pulpwood. Issued in Feb 2024, the rating certifies approximately 200,000 gt/yr of reliable, low-risk biomass feedstock available within a 120-km driving distance from the center point (City of Quesnel, BC).
A ‘A’ rating is an investment grade rating, signalling a reliable, low-risk feedstock supply. It signals to developers, lenders, and investors that Quesnel, BC’s feedstock supply has undergone rigorous, standardized due diligence across 100+ risk indicators, the same framework applied to every BDO Zone across North America.
Every BDO Zone Rating assesses a region across three dimensions, mapped as expanding radii around a candidate site.
- Feedstock surplus: Data indicating at least 50,000 tonnes per year of excess feedstock available to support typical intake of new biofuels manufacturing plants.
- Supply chain strength: Evidence supporting long-term commitment to supply both quantity and quality by local farmers, forestry companies, food waste generators, haulers and municipalities.
- Sound infrastructure: Suitable transportation, logistic, operating and supporting infrastructure to meet the requirements for new facility operations.
Assets & liabilities
- Experienced forestry contractors capable of supplying the rated quantity.
- A network of organizations and stakeholders interested in integrating forest residue recovery with existing value-added supply chains.
- Willingness of the BC Government to support the utilization of forest residue.
- Approximately ten additional chip vans and associated drivers would likely be required to ensure reliable supply of rated quantity.
- Significant decline in wood fibre availability and quality due to environmental disturbances and government policies.
- Long-term decline in regional forest industry productivity and workforce capacity.
Local grants & incentives
- City of Quesnel Revitalization Tax Exemption
- Province of BC Forestry Bio-economy Resources
- BC Manufacturing Jobs Fund
- Pacifican Business Scale-Up and Productivity in BC
- Foresight Canada BioNext
Contacts
