Wood Energy

Sharp rise in softwood sawlog prices in Austria due to booming demand and low availability

Sharply rising prices with extremely lively global demand for building materials. All timber products are currently following this development. Above [...]

Russian Sveza plans large investment in a new sawmill and pellet plant

    Russian Sveza plans to invest 8.6 billion rubles (EUR 93.4 million) in the construction [...]

Drax completed acquisition of Pinnacle Renewable Energy

British energy company Drax, which owns the world’s largest biomass power station, located in the United Kingdom and wood [...]

Europe: Pellet demand to grow by 30-40% over the next five years

    The forecasted growth in wood pellet production in Europe will increase competition for wood fiber and [...]

Drax’s acquisition of Pinnacle approved by shareholders

Pinnacle Renewable Energy Inc. and Drax Group plc. on March 31 each announced shareholder approval for the planned acquisition of [...]

Austrian timber prices continue to rise

The positive trend in the Austrian construction industry continues. The demand for all sawn timber ranges currently exceeds the supply [...]

Chile’s wood chip exports down 40% in 2020

Wood chip exports from Chile plummeted in 2020, with shipments falling by over 40% from the first quarter to the [...]

New large wood pellet plant to be built in Russia; production exported to Europe

Russian company LLC Luzales plans a second plant for the production of wood fuel pellets. The plant is being built [...]

Dutch to limit wood pellet subsidies, possibly signaling EU change

In a speedbump for the accelerating biomass industry in the European Union, the Dutch Parliament on February 25 voted to [...]