Wood Pellets Can Help Alleviate Energy Pressures Amid War, Uncertainty
As the Wall Street Journal recently reported, the ongoing war in Ukraine has pinched trade flows of the increasingly valuable supply of industrial wood pellets from Russia, Belarus and Ukraine, which have been used to co-fire power generation plants throughout Western Europe over the last decade. Demand has put upward price pressure on pellets originating in the US South, as the future of fossil energy supplies in Europe remain uncertain.
