FutureMetrics is the leading consultancy in the wood pellet sector

FutureMetrics provides information, market analysis, operations guidance, and strategic advice to many of the world’s leading companies in the wood pellet sector.

Intelligent Analysis, Operations Guidance, and
Strategic Leadership for the Pellet Sector

FutureMetrics has a unique skill set for providing detailed independent analysis. We combine broad and deep operational expertise, powerful sector focused financial modeling skills, and thought leading market awareness.

The Pellet Supply Chain Carbon Footprint Dashboard has been Updated
Click on the arrow above to go to the free dashboards
  • Advice on all aspects of producing, transporting, and selling pellets

  • Operations optimization and operator training for pellet plants

  • Strategic analysis and market research

  • Expert guidance and due diligence for potential investors and project developers

Download a summary of our team and a list of recent projects and clients .

FutureMetrics Research and Analysis

Major Update for 2020 Available Now

Japan Biomass Outlook:
Overview and analysis in the context of a changing power market

Click HERE for more.

 

New – Global Pellet Trade Sankey Map. 

FutureMetrics has produced an interactive map showing 2019’s international trade in wood pellets. Click on any exporting or importing country to see where their tonnes of pellets go or where they came from.

 

The map can be accessed for free HERE.

 

New – Japan’s Coal Power Stations. 

FutureMetrics has produced an interactive map showing all of the operating and new under construction coal fueled power stations in Japan.  There are 133 stations operating with a combined capacity of 46,270 MWs.  There are 15 new coal power plants under construction with a combined capacity of 8,190 MW.

FutureMetrics can produce a similar map for almost any country in the world.  Contact us for details.

The map can be accessed for free HERE.

FutureMetrics is a proud member of the President’s Circle of the Forest History Society

FutureMetrics has an agreement with the world’s leading engineering firm for power plant modifications and conversions from coal to wood pellets to offer expert advice.

FutureMetrics Analysis

FREE WHITE PAPERS

(May 6, 2020) - White paper: "How renewable solid fuel is an important component of the pathway to a more decarbonized future."

This white paper discusses the efficacy of using wood pellets for power generation and explains why the opponents of pellets for power use poorly crafted arguments based on faulty logic.  

(April 15, 2020) - Watch a one-hour webinar on the impacts of Covid-19 on the industrial pellet sector

Click HERE to watch the webinar.

(March 23, 2020) - A white paper titled "The Impact of Covid-19 on the Industrial Wood Pellet Industry"

The covid-19 pandemic is likely to cause a global economic depression.  Many sectors are being and will be strongly negatively affected.  Many people will suffer both from the disease and from the economic fallout.  The magnitude and reach of this crisis is huge and far reaching.  This white paper will focus on one small sector: the industrial wood pellet industry.  How will the pandemic impact the industrial wood pellet industry?  This white paper will provide some thoughts on what may happen.  Click on the “download” button to get the free paper.

(October 28, 2019) - White paper titled "Japan and South Korean Industrial Wood Pellet Markets: Insights into their ability to pay for pellets."
This short white paper provides insight into how the policies do or do not support the power producers’ ability to pay for pellet fuel under sustainable and equitable long-term offtake agreements. Click on the “download here” button above to get the white paper.
(September 3, 2019) - A New Vietnam Pellet Mill Comes Online under the Guidance of FutureMetrics
FutureMetrics is proud to announce that a project that it has guided for over two years is now producing high quality pellets. Under the guidance of FutureMetrics’ operations expert, John Swaan, a new 120,000 metric tonne per year pellet plant located in Binh Dinh province Vietnam has reached the commercial operation stage.  Click on the DOWNLOAD button to see a more complete description and many photographs of the new pellet mill.
(July 29, 2019) - White Paper on the South Korean industrial wood pellet markets.
This brief white paper discusses the recent evolution of the S. Korean market for imported wood pellets.  Accompanying this white paper is a dashboard that allows the user to see the impacts of policy changes in S. Korea on cash flows for S. Korean power plants.
(March 29, 2019) - White paper - Japan May Impose Sustainablity Requirements on Palm Kernal Shell (PKS) - What that means for PKS and Pellets
FutureMetrics has learned that the Japanese Ministry of Economy, Trade and Industry (METI) is considering requiring palm kernel shell (PKS) to be certified as sustainably sourced. According to information that is informally circulating, it appears that the requirement of sustainability, legality, and traceability for PKS is under serious discussion and is likely to be imposed on current and new PKS procurement.  This white paper looks at the implications of a policy requiring PKS to meet sustainability criteria.

 

(December 19, 2018) - White paper - "Pellet Markets Soar in 2018 – a year-end review and outlook"
FutureMetrics’ economist Seth Walker reviews 2018 and offers an outlook going forward for the global wood pellet industry.  2018 was one of the strongest years for trade in the global wood pellet markets in recent years.  Year-on-year growth of pellet imports from 2017 to 2018 is projected to be 26%!

 

 

 

 

(October 29, 2018) - White paper - "Coal Power Stations that Convert to Wood Pellets Supply Reliable On-Demand Baseload and Peaking Power"

This very brief white paper illustrates why all countries, states, or provinces that are serious about lowering carbon emissions in the power generation sector should include the use of pellets as a replacement for coal in their portfolio for renewable generation.   This short paper shows a real-world example of how pulverized coal power stations modified to use pellet fuel are part of the solution for lowering CO2 emissions and fighting climate change.

 

 

 

 

 

 

(October 1, 2018) - Free white paper - "Forecasting Industrial Wood Pellet Prices - A new model for calculating future prices"

FutureMetrics has developed a comprehensive model for estimating the cost of producing and transporting wood pellets from all major producing regions to the foreign ports of major industrial end users.  Our model provides valuable insight into the future costs and prices for industrial wood pellets and the potential cash flow risks associated with the uncertainty of those costs.  It is important to analyze pellet supply chain cash flows and costs to better understand the price dynamics in long-term offtake agreements.  FutureMetrics’ model provides insight into the components of the total cost of industrial wood pellets delivered to a foreign port.  It offers information that is crucial to due diligence by pellet producers, buyers, traders, suppliers, and financial stakeholders in the wood pellet industry.

 

 

 

 

 

 

(July 8, 2018) - White paper - Vietnam Wood Pellet Exports - Rapid growth and low prices. Can it last? What is the Future?

This brief white paper explores the Vietnam pellet export sector.   With growth in pellet exports from Vietnam going from nearly zero to about 2.75 million metric tonnes per year over seven years, the obvious questions are:  What are the limits to growth for that country and what will be the future costs, and thus future prices, for pellets produced in Vietnam and shipped to South Korea and Japan?

 

 

 

 

 

 

(April 30, 2018) - White paper - A Perspective on Solar Energy Storage

This white paper describes how the solar energy captured by plants and converted into, and stored as energy rich carbohydrates should be part of how we achieve a reliable and economically feasible transition to a decarbonized future.

 

 

 

 

 

(January 31, 2018) - White paper - Weather, Heating Oil Prices, and Wood Pellet Sales

This brief white paper shows how weather (heating degree days) and the price of heating oil influence demand for wood pellets for heating.  The paper also looks at actual pellet prices in several selected states.

 

 

 

 

 

(December 4, 2017) - A white paper by FutureMetrics's operations expert John Swaan, "Best Practices for Fighting and Preventing a Fire in a Wood Pellet Storage Dome or Silo."

This white paper is about fires in wood pellet storage systems and the lessons learned from several decades of experience.  The author of this paper has over four decades of hands-on experience with wood pellet manufacturing.  The experience and wisdom that he and others have gained is the basis for the best practices that are described in the white paper. This white paper not only discusses best practice but also recounts how they were used to successfully resolve a major silo fire.  The silo fire was at the Pacific BioEnergy (PacBio) 350,000 tonne per year pellet plant in Prince George, BC* in August of 2017.  The tactics used to combat the fire resulted in a successful outcome.  This is in contrast to a long history of silo and dome fires resulting in the complete loss of the structures, major damage to the surrounding infrastructure, and injury and loss of life. *The original pellet mill of the company that became Pacific BioEnergy in Prince George, BC was built by the author of this white paper, John Swaan, in 1994.

(September 16, 2017) - An important component of the pathway to a more decarbonized future: Wood pellets as a substitute for coal in power generation.

This short paper discusses a renewable biomass-based strategy for the power sector that is good for the environment and offers a low-cost method of reducing CO2 while providing essential baseload power to the grid.  The strategy is not based on complex chemistry to produce liquid fuel from biomass.  The strategy is based on a proven process for upgrading wood into a densified and durable solid fuel that is suitable for use in large utility power boilers that are based on pulverized coal fuel systems.

(May 11, 2017) Why the South Korean Utilities May Never Engage in Long-term Offtake Agreements for Industrial Wood Pellets
Demand for industrial wood pellets in S. Korea has grown rapidly in recent years and is expected to grow significantly over the next half decade.  This brief white paper discusses why that growth is happening and is expected to continue.  The paper also discusses the risks associated with the S. Korean RPS scheme and shows why the short-term tendering strategy that is used by S. Korean utilities for securing wood pellet fuel may remain in use for the foreseeable future despite the challenges that the absence of long-term agreements place on the supply side.

(March 6, 2017) A critique of the Chatham House study.

The recently released paper by the Chatham House is a study that contains many inaccurate statements about the use of wood for energy.   Those statements are presented as facts (when they are not) or as uncontested conclusions (when they are erroneous).  This white paper focuses on the study’s discussions that pertain to the sourcing of raw materials for industrial wood pellets and why they got it wrong.

(January 12, 2016) White Paper on Pellet Plant Operations by John Swaan

FutureMetrics has a new White Paper by John Swaan that discusses the reasons why pellet plants do not perform as expected. Click on the link at the top of this column to download the paper.

Many more free papers are listed on the paper download page.

Interactive Dashboards

Pellet Supply Chain Carbon Footprint

UPDATED Power Plant Cost Calculator

Conversion from Coal to Pellets vs New Natural Gas Power Plant

Pellet Supply Chain
Cost & Margin (EBITDA)

Valuation Dashboard

Japan Minimum Efficiency Dashboard

Payback for a New Pellet Boiler

Min-CHP Dashboard

Charging an Electric Vehicle with a Pellet Fueled Micro-CHP

Calculating Wood Needed for a Pellet Project

FutureMetrics’ Team Members

Dr. Strauss has been named one of the most influential leaders in the biomass sector two years in a row in 2016 and 2017 by Argus Media. William Strauss is the recipient of the 2012 International Excellence in BioEnergy Award.
John Swaan is the recipient of the 2014 International Founders Award. He is the founder of Pacific BioEnergy and producer of the first transatlantic shipment of wood pellets from North America to Europe (1998).
Annette Bossler provides detailed market intelligence on renewable energy policies around the world with a strong focus on Japan.  Annette speaks fluent Japanese. She was the 2013 recipient of the President’s Award from the Maine International Trade Center.

Hannah Campbell is FutureMetrics’ logistics specialist. Hannah brings a military background as an Air Force Academy graduate and logistics specialist as an officer in the Air Force to her work with FutureMetrics. 

Laurenz Schmidt provides rigorous analytic skills to FutureMetrics’ analyses of contemporary wood fiber conversion and densification processes.

Yoshinobu “Yoshi” Kusano provides analysis on Japanese policy and insights into the future of the Japanese markets for wood pellets.

Dr. Strauss speaking in London at the 2017 Argus Biomass Conference about key challenges and opportunities for the pellet industry in the coming years.