Wood Pellet Association of Canada

AGM 2016

NorthAmericanHeatMarketUpdate

NARegionalPelletReview:CANADA-Western,OntandQuebec,Atlan6cUSA-NorthEast,MidWest,AllOthers.Prices,inventories,supplyanddemand,comparisontooil.

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Interes=ngFactsAboutWoodPelletFuel

•  Atypicalhomeowneruses3tonsofpelletsperhea=ngseasonatacostofaboutUS$825.AtanaverageretailpriceofUS$250/ton,pelletsofferafuelcostpermillionBTUofUS$19.05.ToofferafuelcostofUS$19.05permillionBTU,#2fueloilandpropanewouldhavetobepricedatUS$2.05/galandUS$1.36/gal,respec=vely!(FuelValueCalculator,USFS,2008)

•  Onetonofwoodpelletshastheenergyequivalencyof2.8barrelsof#2fueloil.(EnergyInforma=onAdministra=on)

•  Directthermalconversionof3milliontonsofwoodpelletsdisplacestheequivalentofalmost8.5millionbarrelsof#2fueloil.Thatis356milliongallons!(EnergyInforma=onAdministra=on)

•  Directthermalconversionofpelletshasanefficiencylevelofapproximately80%.

Copyright©2016AmericanWoodFibers

6 SOURCE: Katie Fletcher, Biomass Magazine, March 25, 2016

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