Fuel pellets export grow by 23% in 2020

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According to the results of three quarters of 2020, production of biofuel grew by 6.4% and export volume by 23%, up to 1.7 million tons, said Viktor Evtukhov, Deputy Minister of Industry and Trade of Russia.

“Waste-free production is not only environmentally friendly, but also economically profitable, so it leads to the opening of new facilities for processing wood and its waste, as well as the transition of heating systems to biofuels. I must also note that the overall production of the timber industry has already returned to pre-crisis levels. Compared to the previous year, we have exceeded production figures by 2.2%,” said Evtukhov.

Biofuels are one of the most promising trends in the timber industry worldwide, moreover, it has proven to be resistant to the impact of the pandemic. This is due to many countries adopting policies to combat climate change and reduce their carbon dioxide emissions. This means that we need to reduce our consumption of coal. Many European countries are planning on banning coal power altogether by 2050. Biofuels are a greener alternative to coal.

Let us explain that biofuel is not firewood. They are special fuel pellets — pellets made from peat, wood waste and agricultural waste.

Source: Komsomolskaya Pravda

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