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MMT), the first reduction since 2015. This drop is caused by a mild winter and a reduced demand from the commercial power sector. Current low prices, combined with government incentives, are forecast to support the popularity of biomass for residential heating in 2024.
In 2022, EU wood pellet consumption hit a new record of 24.8 million metric tons (MMT) mainly due to increased residential use.
FY2022 agricultural exports reach record levels.
In 2021, EU wood pellet consumption hit a new record of 23.1 million metric tons (MMT) mainly due to increased residential use in Germany and co-firing of wood pellets with coal in the Netherlands. In 2022, EU demand is expected to further grow to 24.3 MMT, based on expansion of the residential markets, mainly in Germany and France, boosted by support programs for the installation of biomass boilers and the high price of fossil fuels.
FY2021 agricultural exports reach record levels.
On July 16, 2021, the European Commission published the EU Forest Strategy for 2030.
In 2020, Dutch wood pellet imports reached a new high, totaling $511 million. The United States was the leading non-European Union (EU) supplier to the Netherlands.
On October 20, 2020, the European Commission adopted its 2021 Work Program setting out the actions the Commission aims to take in 2021.
On July 27, the EU approved €35 million in COVID-19 emergency aid for two of Flanders most heavily affected sectors. Flemish Minister for Agriculture Hilde Crevits has secured €25 million...
The EU set a 10 percent target for renewable energy use in transport for 2020, and raised the target to 14 percent in 2030, with advanced biofuels counting double to the target.
The EU set a 10 percent target for renewable energy use in transport for 2020, and raised the target to 14 percent in 2030, with advanced biofuels counting double to the target.
Approaching the 2020 mandates laid down in the Renewable Energy Directive (RED), EU bioethanol and biodiesel consumption is forecast to grow in 2017 and 2018.