New Energy Risk expands insurance coverage to include Yilkins’ advanced pellet torrefaction process
The expanded partnership builds on the ongoing collaboration between NER and Yilkins, which began in 2023, extending insurance coverage under NER’s master policy to include Yilkins’ advanced pellet torrefaction process. The expanded coverage supports the deployment of Yilkins’ proprietary biomass upgrading technologies, which convert low-value residues into higher-value products for energy, fuels and chemical applications. By providing insurance backing for the technology, NER de-risks project deployment and accelerates the bankability of projects utilizing this advanced solution.
Yilkins’ torrefaction technology enhances conventional biomass pellets via a thermal treatment process that increases energy density, improves hydrophobicity and enables more efficient transport and downstream conversion. The solution can be deployed as a retrofit, or “bolt-on,” to existing white pellet production facilities, allowing producers to upgrade output without fully retooling operations.
This approach unlocks a significant portion of the global pellet supply chain and helps accelerate the transition to higher-value, lower-carbon feedstocks. The upgraded pellets are well-suited for applications including sustainable aviation fuel (SAF), biofuels and renewable chemicals.
Category: Fuels
