Daily News / Global Trends / Market Analysis / Statistics / Wood pellets / Wood Products / Asia & Middle East / Global
February 5, 2018
Current trends in Japanese and South Korean wood pellet demand
Biomass demand in Japan is primarily driven by three policy components: The Feed in Tariff (FiT) support scheme for renewable energy, coal thermal plant efficiency standards, and carbon emissions targets. As FutureMetrics reports, the FiT offers independent power producers (IPPs) a set price for renewable energy over an extended contract period – 20 years for biomass energy. Currently, under the FiT, electricity generated from “general wood,” which includes pellets, imported woodchips, and palm kernel shell (PKS), receives a subsidy of 21 ¥/kWh, down from 24 ¥/kWh prior to Sept. 30, 2017. However, the ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!