Wood pellet producers urge consumers to stock up on fuel now

By Pellet Fuels Institute
Biomass Magazine
August 23, 2022
Category: Carbon, Climate & Bioenergy
Region: United States

USA — Wood pellet manufacturers across the country are urging the owners of wood pellet heating appliances to secure their pellet fuel early this year as the global pellet market works to fill a significant supply hole created by the Russian invasion of Ukraine. “Russia contributed at least 2 million tons of wood pellets to global pellet markets, mostly to European buyers,” said Tim Portz, executive director of the Pellet Fuels Institute. “The demand to fill these missing tons is being felt throughout the world, including here in the United States.” In preparation for the coming heating season, wood pellet producers are urging consumers to stock up now. …According to data captured by the U.S. Energy Information Administration, annual pellet sales have fluctuated between 1.7 million and 2.2 million tons within the last five years. …Wood pellets are used as primary or secondary space heat in over 1 million homes.

Read More