Europe’s demand for wood pellet is expected to increase by 30 to 40 percent over the next five years, according to a new report released by Wood Resources International (WRI).
Enviva Partners LP expanded its operational footprint across the southeast by completing the acquisition of Georgia Biomass’ plant in Waycross, Ga. The reported $175 million purchase includes associated contracted terminal capacity in Savannah, Ga.
Wood pellets are playing a key role in decarbonizing electric power generation, as the world works to replace fossil fuels. Global trade in pellets has doubled since 2012, with U.S., Canadian, and European producers all playing a roles, according to a new study by RISI.
Highland Pellets, a wood pellet manufacturer, celebrated the open of its new 600,000 metric ton per year factory located in Pine Bluff, Arkansas, with a ribbon-cutting ceremony.
An analysis from the Northern Forest Center has shown that wood pellet heat may reduce greenhouse gas emissions by more than half the amount fossil fuels do.
Pushback rises on burning wood fiber to fuel electric power plants. Scientists and environmentalists question whether wood fuel is green, while the U.S. Senate leans toward labeling wood-fired power plants as carbon neutral. Panel manufacturers have complained this will raise the cost of raw materials for wood products companies.
Barnyard Salvage, a Virginia-based wood reclaim operation that reclaims old barn siding into one-of-a-kind rustic wood pieces and paneling, now sells 8,000 briquettes weekly from its new sawdust press. It also reduces employee dust exposure.
Okanagan Pellet Co. plant will cease operations at its West Kelowna, British Columbia, facility Despite substantial upgrades already underway, owner Viridis cited structural concerns, new storage and wood dust management requirements and other costs in the decision.
Enviva, said to be the largest wood pellet fuel maker, established $5 million fund to protect bottomland forests of cypress, gum and oak, in North Carolina and Virginia. Some environmental groups fear growing use of the pellets by European power plants as a substitute for coal will threaten fragile ecosystems.
he production of wood pellets has seen a spike in recent years, thanks to their attributes such as high energy density and ease of production/supply. It is expected that the global wood pellets market will rise at a remarkable 14.1% CAGR between 2015 and 2023