Whitney Partners Newsletter - Global wood pellet demand to reach 50 million tonnes by 2024

Global wood pellet demand is rapidly expanding as consumers, businesses and regulators look for alternatives to fossil fuels. Globally, wood pellet demand is projected to grow from an estimated 23 million tonnes in 2014 to 50 million tonnes in 2024. These and other key findings were released recently in a new study by RISI, a leading information provider for the global forest products industry. "It's a really exciting time to be looking at the wood pellet market.

We're seeing strong demand in the European heating sector as high energy prices drive consumers to look for fuel alternatives. Also, policies that promote the generation of renewable energy are spurring the use of pellets as a substitution for coal in power plants," said Seth Walker, Author and Bioenergy Economist at RISI. "Additionally, Korea and Japan are beginning to enter the market, creating a greater impact on global trade flows. Right now we're getting a small taste of what the market is going to look like in 10 years."

Newsletter Signup

Subscribe to the Whitney Partners Executive Search Newsletter

   * indicates required

   
   
   
 
   

Disclaimer:

These articles are reprinted with the permission of PR Newswire Association LLC and the views and opinions expressed do not necessarily represent those of Whitney Partners.

Message from the Senior Managing Director

Bios-MichaelZinn

Identifying leadership is what I believe executive search is about.

Companies are recognizing that their management teams must offer their employees and their clients creative performance based solutions.

By assisting in the reshaping of their organizations with innovative management teams, our clients achieve their goals.

Having the access, skill, and experience to manage the search process to a successful conclusion is what helps set us apart.

Michael D. Zinn, Senior Managing Director mzinn@whitneygroup.com

About Michael

 

Edition XIV Vol. III

  • 1