Nov 2, 2011, The Hague, NL- The Dutch and Belgian energy market received
some big news today, with APX-Endex announcing the launch of the
world's first renewable energy exchange specializing in wood pellets.
According to an article by Agence France-Presse, it will operate as a regular exchange, but only open on Monday and Thursday
afternoons, and its owners hope to attract a dozen firms, including "large
energy companies" to trade on its floor. The largest port in Europe, Rotterdam,
will serve as a biomass storage
facility until the pellets can be safely transported to processing plants.
"The first biomass exchange in the world has officially been opened," Eric-Jan Hadderingh, spokesman for APX-Endex, told AFP. "We had already in 2008 launched an index for wood pellets but there was
a demand for a place of real trade," Hadderingh said, pointing out that
biomass was a growth market.