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.
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