The U.S. Energy Information Administration’s new “Today in Energy” brief looks at the big jump in U.S. exports of wood pellets, with the vast majority of shipments going to the United Kingdom, Belgium, Denmark, the Netherlands, and Italy.
“Wood pellet exports from the United States nearly doubled last year, from 1.6 million short tons (approximately 22 trillion Btu) in 2012 to 3.2 million short tons in 2013. More than 98% of these exports were delivered to Europe, and 99% originated from ports in the southeastern and lower Mid-Atlantic regions of the country…European countries, particularly the United Kingdom, are using wood pellets to replace coal for electricity generation and space heating. A principal driver in market activity is the European Commission's 2020 climate and energy package, binding legislation enacted in 2009 that implements the European Union's 20-20-20 targets. The 20-20-20 targets have three individual goals for 2020: to reduce EU greenhouse gas emissions by 20% from 1990 levels, to increase the renewable portion of EU energy consumption by 20%, and to improve EU energy efficiency by 20%.”---EIA’s Today in Energy
Have something to say? Share your thoughts with us in the comments below.