Abstract

The wood-pellet trade between the U.S. (United States) and the EU (European Union) has increased substantially recently. This research analyzes the effects of EU biomass imports from the Southeast U.S. on Southeast U.S. timber prices, inventories and production and on EU imports of feedstock. The SRTS (sub-regional timber supply model) was used to simulate market responses to changes in woody biomass consumption in the U.S. and the EU between 2008 and 2038. Results indicate that the price of imported wood pellets in the EU is sensitive to future U.S. renewable energy policies, the developments of which are so far uncertain. The analysis indicates that with bioenergy demands, prices increase for U.S. softwood roundwood from 25% to 125% by 2038 depending largely on U.S. domestic policy. Demand increases led to supply responses and increased carbon storage in Southeastern U.S. over time.

Published in

Journal of Energy and Power Engineering
2013, Volume: 7, number: 6, pages: 1073-1081

SLU Authors

• Jonsson, Ragnar

  • Southern Swedish Forest Research Centre, Swedish University of Agricultural Sciences
    

UKÄ Subject classification

Forest Science


Permanent link to this page (URI)

https://res.slu.se/id/publ/44427