U. Fritsche, C. Li, R. Hoefnagels, F. Schipfer, O. Olsson:
"IEA Bioenergy Webinar Series: Future Prospects for Wood Pellet Markets";
Talk: IEA Bioenergy Webinar Series, online (invited); 11-13-2019; in: "https://www.ieabioenergy.com/publications/iea-bioenergy-webinar-future-prospects-for-wood-pellet-markets/", (2019).

Wood pellets are well-established in residential heat and large-scale industrial (power) markets, and existing supply
can deliver wood pellets at reasonable prices. Yet, given the competition with other renewables (solar, wind), and
building efficiency in the longer-term, wood pellet markets are under price pressure, and actually could shrink in the
near future, especially for co-firing in powerplants.
The report showed that:
further technology development can reduce wood pellet costs along (international) supply chains significantly, and
can broaden the feedstock base to low-cost material (e.g. bagasse, wood wastes), while
torrefaction can, compared to traditional white pellets, improve energy, GHG and cost performance of long-distance
supply, allowing for widespread applica tions.
In case studies, future options for pellets were explored (high-temperature industrial heat, steelmaking, BECCS/U), and
it was shown that potential exists there, allowing to help achieving the Paris Agreements and the SDGs, especially if
adequate CO2 prices are introduced in energy markets.