Energy-trading specialist APX-ENDEX will open the biomass exchange in the Netherlands in a joint venture with the Port of Rotterdam.
The partners claim the trading platform will be the first of its kind, and will bring standardisation and visibility to a market in wood pellets set to boom as countries build more biomass plants to meet stringent carbon-reduction targets.
The global wood pellet market could grow six-fold to 60 million tonnes annually by the end of the decade, according to some forecasts.
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