WPAC Conference & AGM 2021 – Day 1
September 20, 2021 at
Expert Analysis of Global markets
Speakers: Dr. William Strauss, FutureMetrics & Annette Bossler, FutureMetrics
Bill and Annette will provide a brief around the world review of global industrial wood pellet markets, followed by a deeper dive into two of the world’s fastest growing and most dynamic markets: Japan and South Korea, touching on how government policies are affecting demand for wood pellets and how market actors are responding.
Dr. William Strauss, FutureMetrics
William Strauss is the president and founder of FutureMetrics, LLC. Bill and his FutureMetrics team are globally recognized as the leading experts in the wood pellet sector. Bill continues to be a thought leader in the sector and has published numerous papers on a variety of subjects relevant to the wood pellet sector. He is also a founder and director of Maine Energy Systems, the largest manufacturer of European style automatic pellet fuelled central heating systems in North America. Bill is the 2012 recipient of the International Excellence in Bioenergy award and was named as one of the most influential leaders in the biomass sector in 2016 and 2017 by Argus Media. Bill has more than 40 years of strategic and policy planning, project management, data analysis, operations, and modeling experience in the renewable energy sector. He has an MBA (specializing in Finance) and a Ph.D. (Economics, Earth Systems Science).
Annette Bossler, FutureMetrics
Annette Bossler has over 25 years of experience in international business development for private and public entities with a significant focus on the Japanese energy market since 2010. She is the recipient of the 2013 President’s Award from the Maine International Trade Center. Bossler holds an MA Honors Degree from Bonn University, Germany in Japanese Studies and Public & International Law. In addition to her native language German, she is fluent in English and Japanese.
The global market for wood pellets has undergone substantial growth over the past decade, and continued gains are expected as economies around the world continue to green their energy production.
Between 2010 and 2020, the global wood pellet market has experienced growth rates averaging 10.8% annually, from about 12.6 million metric tonnes in 2010 to about 38.8 million metric tonnes in 2020. This includes pellets for heat and industrial pellets for power.
The industrial pellet sector is, and will be, an important component in supporting the transition to low carbon generation. Policy frameworks in different nations vary, but all will drive increased demand for sustainable biomass – our analysis suggests that under these evolving policy regimes, the Industrial pellet sector is forecast to reach about 43 million metric tonnes per year in 2027 – more than double 2019 demand.
For a downloadable PDF of this summary. Click here.