Pelletizing

• DUBLIN, Dec. 4, 2023 /PRNewswire/ -- The "European Wood Pellets Market Outlook to 2030" report has been added to ResearchAndMarkets.com's offering.
• European wood pellet markets are experiencing renewed growth with gas shortages, rising carbon prices, and EU energy policy.
• Looking ahead to 2030 and beyond, EU renewable energy policies will continue to drive growth in pellet demand.
• It has also raised the target for renewable energy to 42.5% of energy supply by 2030, up from 32%.

• Projections indicate further market expansion, with the activated carbon market expected to reach $10.29 billion by 2027, sustaining a CAGR of 13.5%.
• The driving force behind the growth of the activated carbon market is the escalating global demand for clean water.
• The global activated carbon market is characterized by high concentration, with a limited number of players dominating the industry.
• The global activated carbon market is segmented into various categories:
  Type: This includes Powdered Activated Carbon, Polymer Coated Activated Carbon, Granular Activated Carbon, Bead Activated Carbon, Extruded or Pelletized Activated Carbon, and Other Types.

• This would include compensation for loss of life and liberty, uncompensated labour, personal injury, mental pain and anguish and gender-based violence.
• But then centuries of value derived from the trade in human beings produced for Britain an equally unimaginable sum.
• According to the Treasury, the loan was only finally paid off in 2015.
• One example is the Drax family of the Charborough Estate in Dorset, which is now owned by Conservative MP, Richard Drax.

Drax family legacy

• For the past three years I have been researching – and have just completed – an unauthorised history of the Drax family.
• The family appears to be unique in having an unbroken history of owning sugar plantations in the Caribbean from their inception until the present day.
• Their ancestor James Drax (c.1609-1662) was one of the first settlers in Barbados in 1627 and is credited with inventing the British sugar industry in the 1630s.
• His descendant – the Conservative MP for South Dorset, Richard Grosvenor Plunkett-Ernle-Erle-Drax, (who prefers to be known as Richard Drax) heads the family that owns the vast Charborough Estate and the Drax Hall Plantation in Barbados.
• Although he is a public figure, Richard Drax and his family are very private, not least about their wealth which is locked into a number of trusts.

Mounting pressure for reparations

• In the three years since I first wrote about Richard Drax MP, the call for reparations has gotten much louder.
• Globally, Drax has come to symbolise those whose families benefited from slavery but rebuff formal apologies and paying reparations.
• Pressure has grown on him and in October 2022 he flew to Barbados to meet with the country’s prime minister, Mia Mottley.
• In the meeting between Drax and Mia Mottley, he was offered two options, one a package of reparations including all or a substantial part of Drax Hall.

• Biomass pellets have high density and low moisture content, biomass pellets are made and burnt with a very high combustion efficiency.
• Biomass pellets are sustainable energy sources that might displace fossil fuels such as coal or natural gas as a source of electric energy, which is thought to affect the market for biomass pellets.
• However, the market expansion for biomass pellets may be hampered by the high cost of raw materials, such as wood pellets.
• In this report, the global biomass pellet market has been segmented into following categories, in addition to the industry trends which have also been detailed below: