Growth in the European biomass markets has been boosted by Drax Power’s third unit going online, boosting their wood pellets consumption to twenty thousand tonnes a day. After the UK, the Danish market remains at the forefront of activity, with Dong Energy and Hofor set for a major increase in both renewable power output as well as wood pellet and wood chip consumption. 

On downstream supply, shifting currency markets has led to a strong US Dollar that has sidelined spot exports from the US and favoured European pellet producers capable of offering at considerably lower levels.  Pellet pricing in Europe remains at its lowest levels in six years with Russia emerging as an attractive supply hub, with many consumers looking to reap its cost advantage.

The rapid rise and implementation of the Sustainable Biomass Partnership (SBP) scheme has been a welcome boost for the market as we see suppliers in the Baltics, Russia and North America being approved. The scheme remains in its infancy but should lead to increased trade and a politically accepted universal standard.  The emergence of wood chips as a primary fuel adds a new dynamic to the market and Scandinavia is positioned at the forefront with the likes of Dong Energy, Hofor and Fortum set to consume several million tonnes per year. 

With these developments and a line-up of key experts from the industry, CMT’s Biomass Trade & Power Europe 2016 is set to be the platform to discuss the year ahead, key challenges and goals for the European biomass and power generation market.

Key highlights include the pre-conference site visit to Dong Energy’s Avedøre Power Station & Blue Point Pellet Production Facility, and up to 8 hours for networking and discussion with your prospective partners.

Find Answers, Clarify & Discuss the following:

• Is new production & demand keeping pace with each other?
• Will pellet pricing remain at bearish levels in 2016?
• Is there enough new demand outside of the UK?
• Will US pellet producers be able to compete with European suppliers?
• Is Russia set to become a new supply hub for wood pellets?
• What is the potential for further growth in Europe’s heating markets?
• Are we set to see wood chips replace wood pellets as Europe’s primary fuel? 
• Will the rise of SBP lead to a more harmonized global market and increased trade?
• Is the biomass market doing enough to defend itself against policy makers, media & NGOs and what more can be done?

Sign up today with your team and enjoy attractive early bird and group discounts!  Contact hafizah@cmtsp.com.sg to register and for more details.