Bioenergy Europe's 2023 Pellet Statistics Report: EU Maintains World-Leading Position Despite Geopo
Bioenergy Europe released its 2023 Pellet Statistics Report and accompanying policy brief on October 17, 2023. The report analyzed the current state of the pellet industry and found that despite geopolitical turmoil in Ukraine, the European Union (EU) maintained its world-leading position with 52% of total consumption.
The geopolitical crisis and EU sanctions against Russia made 2022 a particularly unique year for the pellet market. Significant fluctuations in pellet prices were observed due to supply disruptions from Russia, Belarus, and Ukraine.
The report identified that many EU countries reduced pellet exports and increased their domestic production to over 20.5 million tons in 2022, up from 19.83 million tons in 2021, accounting for 44% of global pellet production, excluding China.
The EU maintained its position as the world leader with 52% of total consumption. Pellets are an essential part of the EU's decarbonization efforts, serving as a sustainable solution that has replaced some fossil fuels, contributing to the EU's climate and energy objectives.
With the demand from residential and industrial sectors, there is still significant potential for the expansion of sustainable pellet production in Europe. Government incentives and subsidies for renewable energy can stimulate pellet consumption, with several European countries implementing policies to promote the use of biomass energy as part of their decarbonization strategies.
Furthermore, advancements in pellet production technology, such as improved pellet processes and higher quality standards, can enhance the efficiency and competitiveness of the pellet industry in Europe. The ENplus fuel quality certification program has been successful for over a decade, ensuring the quality of wood pellet supply chains from production to final user delivery. In 2022, the system certified approximately 13.6 million tons of pellets in 50 countries worldwide.
"By harnessing the potential of pellets, we can replace fossil fuels and strengthen our energy security," said Jean-Marc Jossart, Secretary-General of Bioenergy Europe. "By relying on domestically available resources, we enhance resilience against external disruptions, ensuring stable and continuous energy supply for our citizens."
