​Chip Chip is a company supplying premium wood chip to the UK biomass market, a product that is sustainable and environmentally friendly by producing energy with relatively low CO2 emissions, a fraction of those from fossil fuels, for example. All wood is sourced
from sustainable forestry management and is traceable through the Biomass Suppliers List (BSL). The sale of wood chip is actually the secondary income source and it makes the majority of profits (we estimate as much as three quarters) from the government’s
renewable heat incentive (RHI) scheme. This is a 20 year contractual revenue stream, which enjoys index linked increases, and is mainly contingent on Chip Chip’s ability to actually operate its boilers (used for drying the wood chip before sale).
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