Can Wood-Pellet Biomass Electricity be Sustainable?
Modern woody biomass energy has been around for more than 100 years, yet the global wood-pellet biomass electric industry has only started growing significantly and receiving a lot of attention in the last decade . The global wood-pellet market, for both thermal and electricity generation, is projected to grow at a rate of 8.6% CAGR for the next 4 years, largely as a result of European legislation, subsidies, global certification programs, and demand for clean renewable energy. The sustainability and carbon footprint of wood-pellet biomass electricity varies case by case as wood sourcing and supply chains differ. Europe is the largest market for wood-pellets for electricity generation, but the Asia-Pacific regions will occupy more of the market share in the coming years, especially in China, India, and Southeast Asia. North America, especially America, is playing an increasingly important role in wood-pellet production for electricity generation that influences other parts of the world and cannot be ignored.
To stay ahead of the wood-pellet market, which is projected to exceed USD 19 Bn by 2025, investors need to better understand the sustainability of wood-pellet biomass electricity generation. This Boundless webinar will be moderated by Robert Eckard, a Boundless Expert on life cycle modeling for biomass and the Senior Strategy Scientist at Momentum. The webinar’s panelists are Dr. Jennifer Jenkins, VP & Chief Sustainability Officer at Enviva, a prominent wood-pellet biomass company, Charles Levesque, a Boundless Sustainable Forestry Expert and President of Innovative Natural Resource Solutions, LLC, and Dr. Paul Meier, Director of Climate Impact at Boundless Impact Investing. Additionally, Boundless’s climate impact assessment tool and its application to Enviva will be featured. Don’t miss this fascinating discussion on sustainability of wood-pellet biomass electricity.