I found this very interesting article on Wood Pellets
MONTREAL, Nov. 5 /CNW Telbec/ – CN (TSX: CNR)(NYSE: CNI) – North America’s largest mover of forest products – is on track to haul more than 800,000 tons of wood pellets (http://www.cn.ca/woodpellets) this year and sees more opportunities in the future for this “green” source of heating energy.

“Since 2005, we have experienced a 16 per cent compounded annual growth in our wood pellet traffic, and we see growing potential for this business in domestic and international markets,” said James Foote, executive vice-president, Sales and Marketing.

“Wood pellets are a renewable resource, right in our backyard,” Foote added. “Our network has direct access to wood pellet production areas and reaches key consumption markets in eastern Canada and the northeastern U.S., as well as key export terminals on the Pacific, Atlantic and Gulf coasts.”

Major power plants and residential consumers in North America, Europe and Asia are turning to wood pellets as an alternative to fuel oil, gas or electricity to heat homes. In addition, wood pellets are being used increasingly in industrial applications such as district heating plants, greenhouses, and cement and aluminum production facilities.

Wood pellets, made from waste wood such as wood shavings and sawdust, are carbon neutral and do not contribute to global warming because they emit the lowest greenhouses gases of any fuel burned. The U.S. Environmental Protection Agency has endorsed wood pellet heat as one of the cleanest burning, most renewable energy sources on the planet.

Global wood pellet production in 2008 was almost 11 million tons, and some analysts believe worldwide production could double by 2014. North American consumption is expected to exceed 3.3 million tons in 2010

It is great to see that there is more attention being put on the scarcity of wood pellets. When we were at at wood pellet factory and asked why the vast difference in pricing a ton of wood pellets. We found some selling for $190.00 at the beging of the season in 2007 then in about January you could not find a ton of wood pellets for less than $300.00 and as high as $340.00 a ton. We were told this was due to the fact that the wood pellet industry relies on wood product waste, mostly sawdust for lumber companies. If the lumber companies are not selling lumber products then there is less sawdust.

Now the popularity of the efficiency and economy of the wood pellet stoves and the growing need for the wood pellets has sky rocketed it is getting the attention it deserves.

As I have said before we have a rather small house and we burn about 10 to 15 bags of wood pellets a month. When the price is about $5.00 a bag that is still only $50.00 to $75.00 a month for heating our house. A lot less than half the cost of any other source of heat. We are very satisfied with our Wood Pellet Stove. We usually purchase 2 1/2 tons for the season.

There are a few more articles on the Wood Pellets listed below. I find more and more stores (even Walmart) are carrying the bags of pellets now. It would be nice if we didn’t have to purchase the pellets all at one time. The storage of the tons of pellets is a minor inconvenience but the savings far out ways any such inconvenience. If there are any sites or articles that I missed that you would like to share please leave a comment.

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Related articles by Zemanta

• How Much Wood Would WoodPellets.com Sell If It Had $11M in New Venture Funding? (xconomy.com)
• CN growing “green” wood pellet traffic at double-digit rates (newswire.ca)
• Cleaning up the Woodpellet Stove (athomelifestyle.com)
• How Wood Chips Can Keep You Warm — and Green (time.com)
• Company to make cutting-edge fuel from wood (seattlepi.com)

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