Hathaway contracted to haul wood waste for Xcel Energy's power plant
What happened
Hathaway Tree Service has been contracted to manage wood waste generated in the greater Rochester/Olmsted County area. The company accepts trees, branches, shrubs, and logs at its facility, where the material is ground into usable mulch. Eighty percent of this processed material is hauled to Xcel Energy's plant for burning as renewable energy.
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Why it matters
The contract provides a steady stream of feedstock for Xcel Energy's power generation operations. For Hathaway, the contract offers a new revenue stream through the processing and hauling of the wood waste.
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Who's involved
- Xcel EnergyRecipient of the wood waste feedstock for power generation.
- HathawayContract holder responsible for processing and hauling the wood waste.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Xcel EnergySpeculative
Xcel Energy could see its renewable energy feedstock supply bolstered by the consistent intake of wood waste.
- HathawaySpeculative
Hathaway could see its business volume increase through the current contract to handle wood waste.
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The entities involved
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Xcel Energy
American utilities company
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Hathaway
human settlement in United States of America
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Wisconsin
state of the United States of America