Data visibility in biomass; improve risk, traceability & profitability

Demand for biomass energy generation continues to rise sharply. The use of bioenergy for electricity grew by 98% between 2008 and 2015, and the market for wood pellets in particular is expected to grow to $6150 million by 2024, up from $4120 in 2019. This provides many opportunities for biomass and energy traders, but it does also mean that the challenges the industry faces are changing as well. From increasing regulation to new players and changing market mechanisms, biomass companies need to be prepared to meet these new challenges as well as capitalise on new opportunities.

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ETOT 2019: Collaboration is Key

Earlier this month, Gen10 representatives joined a record number of energy trading and operations experts at ETOT 2019, Europe’s leading operations and technology summit. The key takeaway from both Gen10 CEO Richard Williamson’s panel and the summit in general, was that collaboration and standardisation are crucial for industry progress.

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Risk management and reporting; why the biomass-to-bioenergy supply chain needs commodity management apps

Reducing operational risk, improving reporting & compliance and bringing operating costs down are some of the most important challenges faced by organisations across the biomass-to-bioenergy supply chain.

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Traceability and Sustainability in the Biomass Supply Chain

Sustainability is one of the main challenges faced across the biomass supply chain. Savvy consumer demand and political influence impact on this sector more than possibly any other commodity, and a breakdown in traceability can mean both reputational damage and the withdrawal of critical subsidies. Due to the serious nature of these traceability risks, meeting sustainability reporting requirements can be one of the more onerous tasks facing stakeholders in the biomass supply chain.

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Why add commodity management apps to an ETRM?

Although CTRM and ETRM systems have many features in common, and are often referred to as E/CTRM, each system is designed to solve different problems, and as such, can sometimes leave businesses without all the functionality they need to truly get the most out of their technology investment.

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Supply Chain Challenges: BIOMASS

Over the last decade, biomass of various kinds has become an increasingly commonly used fuel for electricity generation, particularly in the European Union, which mandated ambitious threshold targets for the share of renewables in total electricity generation.

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