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