This review is focused on the industrial sector in which large utility power stations have already successfully completed “bioconversions.” For them coal is history; but dispatchable or baseload generation is not. …The industrial pellet fuel sector has, until 2023, seen steady growth. Even with the estimated dip in exports in 2023, over the last 12 years the market has grown at a more or less steady 14 per cent per year. The dip in 2023 is due to a combination of reasons. The primary reason is due to a significant drop in demand in the U.K. due to the reduction in pellet fueled generation at the Drax and Lynemouth power stations. …North American exports remained on a steady growth trajectory. …Canadian exports have pivoted from the U.K. to Japan. This is a long-expected change that optimizes western Canadian export logistics and the evolution of long-term supply agreements.