UK destination for two-thirds of North America’s wood pellets

In the UK, the country continues to strengthen its claim as the primary destination for North American pellets with over two-thirds of the export volume from the U.S. and Canada going to the UK in the first quarter of 2013.

The story of Drax’s plans for its large power plant conversion from coal to biomass in Selby, England, continues to make news across North America. Drax Biomass, a new sister company to Drax Power, that will manage North American operations, announced the construction of two pellet plants earlier this spring in the US South which will be sending pellets to fuel the UK facility. Also, in Eastern Canada, pellet producer Rentech announced an off-take agreement with Drax Biomass, which will result in new investment in ports to increase pellet-loading capacity, and in rail transportation, along with the construction and operation of two pellet facilities themselves.