Demand for Wood Pellets Growing in Europe The decision by EU to use a minimum of 20 % renewable energy by 2020 has driven a rapid increase in wood pellet production in Europe . Sweden , Germany , Denmark and the UK are expected to have the fastest growth in consumption the coming 10 years , reports the Wood Resource Quarterly . Demand for wood pellets and investments in pellet plants continue to grow despite the global financial crises and tight credit markets . In some countries , the current slowdown in the economy has actually had a positive effect on the biomass industry because politicians have often favoured bioenergy and pellet heating projects in governmentally funded economic stimulus packages . The bioenergy sector is attracting a lot of attention from the forest industry , timberland owners and , increasingly , from interests with limited past participation in the forest resources sector ; many of these companies have historically have been in the business of fossil fuels . The biggest expansion in the use of forest - based biomass has occurred in Europe , mainly as a result of the decision by the EU to reduce dependence on fossil fuels and use a minimum of 20 % renewable energy by 2020 . Sweden is currently the biggest consumer of wood pellets in the world , consuming over 20 % of the world ’ s production of wood pellets . In order to meet the demand from a fast growing market , the country produced almost 1 . 6 million tons in 2008 and imported another 300 , 000 tons mainly from other countries in Europe but also from Canada . There are no signs portending any slowdown in demand for wood pellets , and the annual growth is expected to be between 8 % and 10 % in the coming years . There are currently over 450 pellet - producing plants in Europe with many new projects planned over the next few years . The United Kingdom , Denmark , Sweden and Germany are some of the countries that are expected to have the fastest growth in forest biomass consumption ( both pellets and wood chips ) over the next ten years . These countries will both invest in domestic production capacity and increase imports . Pellet prices have trended upward the past seven years , as reported in the Wood Resource Quarterly . Prices in Sweden have generally been higher than in Central Europe , but in 2009 , prices fell the most in Sweden , resulting in a convergence with prices in Germany and Austria . Wood fibre costs are expected to increase later this year , which would result in higher production costs for many pellet manufacturers . As a consequence , it is probable that wood pellet prices will start moving upward again this coming winter after a few months in retreat . ( Source : Wood Resource Quarterly ) 사업자 정보 표시 | | | 사업자 등록 번호 : -- | TEL : -- | 사이버 몰의 이용 약관 바로 가 기