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February 1, 2022

2022 global wood pellet markets outlook

2022 global wood pellet markets outlook
The industrial wood pellet markets have been growing at an annualized rate of about 1.66 million metric tonnes per year from 2010 through 2021.    As the consequences of climate change become increasingly obvious and costlier as a result of more frequent and more severe events globally, the pace of decarbonization will accelerate. Wind and solar power, coupled with massive energy storage solutions, will become the foundation of power generation in many jurisdictions. But it will be at least a decade, and probably much longer, before grid-level energy storage coupled with wind and solar generation ...

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