While the potential of the South Korea market remains promising for Canadian pellet producers, in the near-term, development of the market will continue to be slow. This is according to WPAC executive director Gordon Murray, who recently travelled to the Asian country with a group of WPAC members to attend the 3rd Biopellets Asia conference.

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The Wood Pellet Association of Canada (WPAC) and the BC Forest Safety Council have finalized a SAFE certification system specific to the pellet industry, a move that was originally announced at the Pellet Fuel Institute (PFI) 2011 annual conference.

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A new report from WPAC research director Staffan Malin outlines steps that pellet mills can take to assess and minimize the risk of dust explosions in their facility. Published in late August, the detailed report discusses risk assessment, dust sampling and categorization methods, methods to reduce the risk of a dust explosion, and ways to mitigate the effect of an explosion should one occur.

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In May, WPAC president Robert Tarcon and I visited the London offices of CME Group to learn about their new central clearing service for over-the-counter (OTC) wood pellet swaps. CME Group is the world’s largest operator of financial derivatives exchanges, which include the Chicago Mercantile Exchange, the Chicago Board of Trade and the New York Mercantile Exchange.

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WPAC Research Director Staffan Melin has published an indepth look at the potential Canadian market for bulk wood pellets. The 27-page report includes information from across Canada on opportunities to use wood pellets to replace coal in power generating plants.

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