Wood pellets – a fuel market experiencing vigorous growth

Date: 2007-11-22

In recent years, national subsidies and ambitious objectives for sustainable energy have created rapid growth in the application of wood pellets used as fuel in large parts of the EU.

The pellets crowd out oil and gas in small domestic boilers for home heating and coal in large electricity plants. This market has grown so fast that the market has been short of wood pellets in some areas in Europe. Moreover, many new players have rapidly entered the scene and small modifications of national subsidies are turning the market upside down, making it a complicated and unstable market.

FORCE Technology gives advice to the national and international wood pellets industry.

FORCE Technology offers assistance to the new manufacturers in terms of consultancy regarding the market situation, setting up forecasts for market growth, pricing reviews, quality requirements etc. This consultancy helps future manufacturers of wood pellets to make qualified decisions on, for instance, the establishment of wood pellet plants and thus reduces the investment risk. Moreover, FORCE Technology offers to conduct actual feasibility studies on the establishment of such plants and subsequent planning of installations etc.