Fuel Oil News

Fuel Oil News November 2015

The home heating oil industry has a long and proud history, and Fuel Oil News has been there supporting it since 1935. It is an industry that has faced many challenges during that time. In its 77th year, Fuel Oil News is doing more than just holding

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www.fueloilnews.com | FUEL OIL NEWS | NOVEMBER 2015 13 It is because of these above-mentioned factors that the global wood pellets market will see robust growth. As wood pellets are widely regarded as a carbon-neutral fuel and energy source, environmental agencies are formulating policies that encourage the use of pellet fuel. Subsidies have been the most effective way to attract the attention of industrial players and prompt them to replace fossil fuel with wood pellets. This has caused the demand for wood pellets to swing upward – it will continue to show this upward trend for the next few years, market analysts expect. Europe, which is a region that lays great emphasis on green industrial policies, was the largest wood pellet market in the world as of 2014. The United Kingdom, with a slew of initiatives encouraging the uptake of wood pellets, was the largest wood pel- let market within Europe. Germany is yet another large market for wood pellets—the country produced an estimated 980,000 tons of the fuel source in 2015 (H1), says IHB, a network for professionals in the German timber market. Likewise, stringent emission norms enforced in most states in the United States create a conducive environment for the growth of the wood pellet market here. The use of pellet fuel is primarily seen in power generation and in heating applica- tions. Market analysts expect that heating, which was the predominant application of wood pellets in 2014, will remain the largest in the global market until early next decade. Existing and anticipated incentive pack- ages will continue to fuel the growth of the global wood pellets market; however, the key drawback that the global market will have to contend with is the release of flue gases dur- ing the storage their storage. Browse Global Wood Pellets Market Report With Complete TOC at: http://www. transparencymarketresearch.com/wood- pellet-market.html HYDRO-QUEBEC RELEASES REPORT ON PLACEMENT OF ELECTRICITY METERS NEAR PROPANE TANKS Hydro-Québec is releasing the conclu- sions of the study on the distance to be maintained between a next-generation meter and a stationary propane tank. The results of the study performed by Hydro- Québec's research institute under the observation of the Centre de recherche industrielle du Québec show that a dis- tance of one metre between the meter and a stationary propane tank poses no risk with a simple preventive measure. According to the report issued by CRIQ, a public independent applied research centre, "the test program revealed that, for residential installations, after

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