by okelly | Mar 15, 2024 | Asia, Europe, North America
Enviva filed for Chapter 11 bankruptcy on March 14th following several months of financial difficulties and a missed interest payment in January. The company has been burdened by high levels of debt, rising costs, and lower pellet prices. What are the implications for...
by okelly | Mar 7, 2024 | North America
Investment costs for wood pellets capacity, both brownfield and greenfield, have increased by approximately 6% per annum over the last 16 years. This analysis, based on more than 50 projects in the US and Canada, reveals a significant rise compared to the general...
by okelly | Nov 23, 2023 | Europe
Anticipated demand growth in the world’s largest pellet market faces constraints from raw material scarcity and competition with other forest industries. Europe represents 70% of global wood pellet demand and is experiencing resurgent growth, driven by the...
by okelly | Nov 16, 2023 | Europe
Demand for wood pellets in Europe has surged over the last 18 months due to the energy crisis and soaring prices for gas and power. This has made wood pellets even more cost-competitive for residential heating and commercial power generation. Meanwhile, the EU...
by okelly | Oct 13, 2023 | Europe, North America
The European energy landscape has experienced significant turbulence over the past 18 months, resulting in substantial effects on wood pellet markets. The conflict in Ukraine led to a gas shortage in Europe, causing gas and power prices to soar. In response, wood...
