6th biomass pellets trade & power conference will be held
The 6th Biomass Pellets Trade & Power conference (Asia) will be held on September 14-17, 2015 in Seoul, South Korea. Its main topics include China's huge demand for biomass energy, Japan is facing challenges in support of biomass raw materials sources, South Korea's mature biomass supply chain and India’s undeveloped biomass potential.
As the world’s second largest energy market, China
will become the focus of the 6th Biomass Pellets Trade & Power annual meeting. It is now searching for ways to increase its portfolio of renewable energy, and biomass utilization, such as supplementing its coal usage with biomass pellets (learn about biomass pellet mill
), is one of the country’s priority. While the market is currently at its infancy stage with minimal import volume, the potential of the Chinese appetite is massive. So it is still attractive for other countries to export biomass pellets fuel to China.
, as another country with big potential, is also looking at tackling pollution and emission issues by turning biomass, such as rice husks and municipal waste, into power and energy. One of the practical ways is to make such biomass wastes into pellets fuel.
is at the cusp of significant growth and investment in the bioenergy sector, but sustainable biomass feedstock supply remains a critical challenge.
However, the dramatic surge in South Korea
wood pellet import since 2012 when RPS was introduced, declined significantly both in volume and prices in the first and second quarter of this year. The drop in crude oil and natural gas prices, and shift in policies, led to wood pellet losing its competitiveness in the South Korean market. But in fact, the power companies like KOSEP, KOSPO, KOWEPO, EWP, KOMIPO are still using import wood pellets fuel now.
Main pellet buyers and also trading companies are now finding opportunities to import pellets from countries like Vietnam, Indonesia, Malaysia
and also Canada
. As a result, global pellet manufacturers are ready to supply. The most worthy of mention is that, cross-regional investments and partnership spring up in Indonesia, Malaysia and Vietnam. typical pellets are wood pellets and palm pellets.
This 6th Biomass Pellets Trade & Power conference in Asia indicates that Asia is paying more attention to biomass pellets fuel and energy recycling nowadays. Therefore, we can conclude that it is now a big market for biomass fuel pellets. so, it is big chance to produce biomass pellets in Asian countries, or sell to Asia.