North American Wood Pellet Producers Eye Asia’s Energy Market

Asian countries are showing a strong interest in consuming more wood pellets in order to replace coal in their power grids and to shift away from nuclear power, according to an industry expert speaking at the Argus Biomass 2017 conference. Giving a presentation entitled ‘A statistical review of the consumption of biomass for heat and […]

Asian countries are showing a strong interest in consuming more wood pellets in order to replace coal in their power grids and to shift away from nuclear power, according to an industry expert speaking at the Argus Biomass 2017 conference.

Giving a presentation entitled ‘A statistical review of the consumption of biomass for heat and power generation’, Rachael Levinson, editor of biomass at Argus, said: “Asia has the potential to overtake Europe in the next few years.”

This fact has led Canadian and US wood pellet producers to show an interest in exporting their wood pellets to Asian countries like Japan.

Currently, the UK is the world’s biggest net importer of wood pellets.  It used around 7.2 million tons last year. This is mainly driven by Drax’s coal-to-biomass plant conversion.

Delegates also learned that Denmark, Belgium, Italy and South Korea were also big net importers of wood pellets.

From Bioenergy Insight: http://www.bioenergy-news.com/display_news/12219/wood_pellet_producers_eye_asias_energy_market/

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