This paper deals with the wood pellets market in the Slovak Republic and in the EU. Wood pellets are one of several processed biomass feedstocks that are traded internationally and used for energy. They are cleaner burning, have a higher energy density, and are easier to handle than firewood, chips, or other forms of wood fuel. In the growing market for renewable fuels, wood pellets are used as a supplement or substitute for coal in energy systems and as a thermal fuel source for commercial and residential heating. Advantages of wood pellets include (1) the main feedstock, which is wood waste from primary and secondary saw mills, and (2) the high energy density and consistency of the fuel, which allows international trade to be feasible. The aim is to analyse the current Slovak and European wood pellet markets including demand, supply and prices of pellets used for heating and power production. The focus of this market analysis is on the European market for pellet production and use, although the European trade of pellets does also include trade flows from non-European countries. The European Union is still the main market for wood pellets and will remain as such for the coming years.
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