03 Dec '11, 5am

Bell rings on world's first #Biomass Energy Exchange #biochat Via @RonVokoun

Bell rings on world's first #Biomass Energy Exchange #biochat Via @RonVokoun

APX-ENDEX has published a reference price index for certified industrial wood pellets since 2008, providing the market a valuable tool to increase price transparency. Typically, such wood pellets are used to generate renewable electricity for the overall European goal for renewable energy (20-20-20) together with others sources such as wind, solar, tidal, hydro and other renewable energy sources. As a natural step and at the request of the market, APX-ENDEX decided to be the first exchange in the world to launch exchange-traded certified wood pellet contracts. “We are excited to take a leading role in the trading of green energy products and bringing transparency to the global biomass market based on certified sources guaranteeing sustainable sourcing. This will enhance the position of renewable energy and bring us closer to reaching the 2020 climate targets. We are also e...

Full article: http://www.renewableenergymagazine.com/renewableenergy/ma...

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