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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