Reflections on the current biomass market

Our globalBIOMASS team came back from the recent Biomass Trade and Power conference in Copenhagen with some rather exciting take-aways!

We thought we'd share them with you...

POINT 1:

Supply is tight, prices are sky-high --- YET demand is buoyant

High prices aren't putting off buyers, and production capacity just needs to catch up to demand.

POINT 2:

Over-reliance on long-term contracting strategy isn't paying off

Some producers are over-sold, and utilities are now scrambling for supply.

POINT 3:

The market needs a functional, liquid spot market

In times of crisis, more than ever, access to centralised liquidity for balancing short-term supply and purchase requirements is essential. Whether you're a consumer or a producer, being able to quickly tap into spot markets gives you flexibility and more options for optimising your position.

At globalBIOMASS, that's music to our ears, of course. Our discussions with market participants are helping us quickly progress to a reliable and workable standard specification and contract, paving the way for the launch of our online marketplace for industrial wood pellets.

If you'd like to find out more, or if you'd like to discuss how our approach to market development can benefit your business, please contact us at team@globalbiomass.energy.