July 25, 2014
Wood pellet demand in Europe expected to triple by 2020
The European Union recently published its annual biofuels report for 2014 with the USDA Foreign Agricultural Service’s Global Agricultural Information Network. The report says that the EU is the world’s largest wood pellets market, with a consumption of about 17.5 MMT of pellets in 2013. Based on the EC mandates and Member State incentives, the demand is expected to expand further to nearly 21.0 MMT in 2015. Consumption forecasts for 2020 range from 50 – 80 MMT (AEBIOM). Future consumption will however, depend on a range of market factors and in particular Member ...
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