4th Biomass Trade and Power Europe,

12-13 Feb, 2019 - Copenhagen, DENMARK

Copenhagen Marriott Hotel

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"European wood pellet & chip pricing on the rise
as growing demand outstrips supply"

New European demand from Denmark, the UK and the Netherlands has propelled wood pellet prices to record highs this year. Additional coal conversions by existing biomass consumers Orsted and UK generator Drax has boosted EU imports. While new demand is emerging from conversions by EPH in the UK and German utilities RWE and Uniper in the Netherlands.

During the first half of 2018, availability of spot wood pellet supply from Europe, Russia and North American has been extremely tight and in short supply. Production from the Baltic countries and Russia was lower as flooding led to difficulty sourcing material from forests. Portuguese production faced difficulty as forest fires impacted output and led to a lack of spot offers. While additional supply from North America failed to materialize with a shortage in new supply capacity and production failing to match growth in Europe.

Wood pellet prices are being boosted by growing competition between Asia and Europe for North American wood pellets as demand grows in both regions. Looking ahead the outlook for producers in Europe and North America looks positive with demand and consumption in Europe, Japan and Korea on the rise.

Key Highlights & What to Expect 

  • Key overview of wood pellet & chip supply & demand fundamentals
  • Panel discussions from industry experts covering latest developments
  • Key presentations from utilities, producers & traders
  • Insight on supply landscape amid growing demand
  • Analysis of global wood chip supply & key players
  • Discussion on competition between Europe & Asia for wood pellet supply
  • Overview of European heating markets & pricing 
Speakers confirmed to date from 
  • Voyage Power Ltd
  • Argus Biomass Markets
  • Enviva LP
  • Engie Energy Management Scrl
  • Orsted
  • CM Biomass Partners A/S
  • Vattenfall Energy Trading GmbH
  • RWE Supply and Trading
  • Hawkins Wright Ltd.
  • Hofor A/S
  • Uniper
  • FutureMetrics, LLC
  • SSY Consultancy & Research
  • Ekman & Co AB
  • Pinewells, S.A. 
  • Georgia Biomass, LLC
  • Stora Enso Skog AB

Comments from 3rd Biomass Trade & Power Europe
7 - 8 Feb 2018, Copenhagen

"Nice overview about pellet wood chip market"
~ Prometec Tools Ltd

"Excellent Networking Opportunity"
~ Lignum Resources Limited

"The conference covers the relevant topics and it is a good place to meet other market participants. I like that the conference is not too big and it is easy to meet people" ~ Helen Ltd

Be a Sponsor or Exhibitor!

This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive Luncheon & Cocktail sponsor.

For Sponsor
please contact fiona@cmtsp.com.sg or (65) 6346 9138

For Exhibition
please contact hafizah@cmtsp.com.sg or (65) 6346 9218

News Feed

Drax to Convert Fourth Coal Unit to Biomass by year end

Posted on : 17 Sep, 2018

Drax, UK’s power utility, is all set to convert its fourth coal unit to run on biomass. Drax has already switched off the coal unit at its power station in Yorkshire in preparation for the conversion.
The company has spent about £700 million in converting three of its six units at the 3.9GW power station to use biomass feedstock.
For the fourth unit, Drax is reusing its redundant kit from when it first began co-firing biomass and coal eight years ago. This is expected to help Drax spend a much lower cost of about £30 million in converting the fourth unit to biomass.
The conversion is expected to be completed over this summer and operational by the second half of this year.
Drax has received subsidies through the Renewables Obligation (RO) scheme for two of its existing biomass units at the power station while the third unit is supported by a Contract for Difference (CfD).
Going forward, Drax targets replacing the last two coal units with up to 3.6GW of gas generation and up to 200MW of storage.
Find out more about UK’s coal to biomass conversion at CMT’s 4th Biomass Trade and Power Europe on 12-13 February 2019 in Copenhagen.
Contact Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218 for more information.