White paper: Low pellet fuel supply in Europe creates supply shock
October 31, 2022 By FutureMetrics
A new white paper from FutureMetrics describes how the loss of pellet fuel supply into western Europe as a result of sanctions on Russia has produced a supply shock that is having, and will continue to have, significant consequences.
A supply shock occurs when a significant portion of a good or service is no longer available in the market and substitutes are scarce or non-existent.
Russia, Belarus, and Ukraine produced 15 per cent of the global trade in wood pellet fuel in 2021. A majority of those exports went into western Europe’s heating markets.
Millions of tonnes per year are no longer available.
Read the full white paper at www.futuremetrics.info.
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