\\ Biomass: Wood Pellets
Tradition Green offers brokerage services for both industrial grade and ENplus pellets for residential heat and industrial power generation.
Interest in wood pellets has grown considerably in recent years. Used for generating heat in the home, and for power generation at an industrial scale, pellets are becoming an important element of the fuel mix.
Wood pellets are made from compressed sawdust, waste wood and the by-products from the processing of timber, the manufacture of wood products and furniture, and the construction industry. They can also be made from treetops, branches and trees that are unsuitable for timber use. With low production costs, and low energy requirements for manufacturing compared to alternative fossil fuels, wood pellets can be an environmentally friendly, CO2-neutral energy solution.
To ensure pellets are produced to a high standard and can be traded with confidence, the ENplus quality seal provides independent assurance to the whole wood pellet supply chain – from production to delivery to the final customer. Pellets can be certified either to A1 standard – for residential use – or A2 standard, for industrial power generation. Over 6 million tonnes of ENplus grade pellets were produced in 35 countries in 2014.
Tradition Green works with its clients in Europe, the US and Japan to provide clear, transparent access to buyers and sellers of both A1 and A2 wood pellets for industrial and residential use.
The Euronext Exchange in France offers a contract for physical delivery of EN Plus wood pellets, aimed at improving liquidity in the pellet market.
The EEX exchange in Germany offers a financially settled contract for industrial grade wood pellets.
The contracts offer producers, retailers, utilities and traders the opportunity to manage their exposure against changes in price, production and demand for wood pellets. It also allows buyers and sellers the opportunity to access the best pricing with the greatest efficiency, and in a transparent way.
Tradition Green is able to execute trades on Euronext* and EEX on behalf of our clients, and to offer clients access to prices posted on the exchange. We can also arrange trades to be “given up” to the client’s Clearing Broker for clearing, providing maximum security behind a transaction.
Tradition Green offers brokerage services for the following products:
►“Over-The-Counter” short and long term contracts for Enplus A1 and A2 wood pellets, negotiated between selected counterparties.►“Euronext Exchange” short, medium and long term trades for Enplus A1 and A2 wood pellets, negotiated between pre-selected credit approved counterparties and given up to the exchange to limit credit risk. ►“European Energy Exchange” financially settled contracts for industrial wood pellets, negotiated between pre-selected credit approved counterparties and given up to the exchange to limit credit risk.
For more information about the Euronext contract, please contact us on +44 20 7550 1750 or email@example.com