During the Wood Pellet Association of Canada 2026 Conference in Victoria, B.C., the Emerging Competition & Market Dynamics panel discussion focused on the global wood pellet market and how it is entering a period of rapid change and intensifying competition. …the panel was comprised of Hannah Adler, Argus Media; William Strauss, FutureMetrics; Manolis Karampinis, Bioenergy Europe; and Didzis Palejs, Latvian Biomass Association. The panel addressed the potential for long-term oversupply in the wood pellet market caused by the expected reduction in demand from the Drax Group’s power station in the U.K. …While the wood pellet sector is expected to go through a few rough years, Strauss believes the future for the sector remains bright. …While Japan remains a key customer of wood pellets for Canada, Adler said that demand has slowed down with the phasing out of the Feed-in-Tariff and Feed-in-Premium schemes.