Taiwan: Taiwan Wood Pellets Market Brief - New Environmental and Energy Priorities Realize Opportunity for 300 Million in US Wood Pellets

Taiwan aims to expand use of renewable energy to 20 percent by 2025. Developing renewable energy is the most important implementation component to reach the goal and wood pellets is a green energy resource option being considered by Taiwan. Lacking local forest product supplies, Taiwan is expected to import a significant portion of wood pellet to meet their new green energy production goals. Taiwan authorities’ commitment to generate sustainable bioenergy by burning wood pellets should translate into a 300 million USD wood pellet trade opportunity.