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Japanese biomass demand to triple by 2025

February 21, 2018

By: The Working Forest Staff

FutureMetrics projects that Japanese demand for biomass fuels – including wood pellets, palm kernel shells (PKS), domestic biomass, and imported woodchips – will increase 351% from 2017 to 2025 as Japan embraces biomass as a significant part of its energy future. Wood pellet demand alone is projected to reach nearly 10 million tonnes by 2025.

The projection is part of FutureMetrics’ new research paper, the 2017 Japanese Biomass Outlook, which presents the first comprehensive outlook for biomass markets in Japan.

FutureMetrics’ senior economist Seth Walker spent more than four months doing primary research and analysis to produce the comprehensive report. The 72-page study contains 53 charts and tables as well as five appendix tables providing details relevant to understanding Japanese biomass demand.

Highlights of the report include:

  • A breakdown of policy drivers for biomass and renewable energy in Japan.
  • Forecasts for wood pellet, PKS, domestic biomass, and imported woodchip demand at Independent Power Producers through 2025.
  • An outlook for wood-pellet co-firing to 2025.
  • Analyses of economics and pricing, including the ability to pay for wood pellets by Japanese Independent Power Producers under various scenarios.
  • An overview of wood pellets, PKS, domestic biomass, and imported woodchip producers, including opportunities for expansion in major supply regions.

The report is available for purchase and download online at the FutureMetrics’ website: https://www.futuremetrics.info/

 

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