03 Oct '11, 8am

'World's first' biomass exchange to open in Rotterdam

What has been hailed as the world's first biomass exchange looks set to be launched in Rotterdam from next month, in response to soaring demand for wood chips from the biomass energy industry. The exchange has been developed jointly by energy exchange APX-ENDEX and the Port of Rotterdam, Europe's biggest port, after a deal struck between the two companies in 2010. FURTHER READING EU state aid rules delay Renewable Heat Incentive launch Biomass schemes will boost destructive timber imports, claims wood industry Online systems in North America already serve a global market for wood pellets estimated to stand at around 10 million tonnes a year. Countries are increasingly turning to biomass to decarbonise their energy sectors, and experts predict that demand could grow sixfold by 2020. "In the port area itself, we foresee a market of two to three million tonnes in 2025," said ...

Full article: http://www.businessgreen.com/bg/news/2113587/worlds-bioma...

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Wall

sg.finance.yahoo.com 13 Oct '11, 10am

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