The purpose of the agreement is to bring steam exploded black pellets to the market. These pellets are principally used for replacing fossil coal as the energy source in heat and power generation.
The market for steam exploded black pellets is expected to grow rapidly in coming years as the pressure to replace fossil fuels with sustainable environmentally friendly alternatives is getting stronger, according to a pressrelease.
Steam exploded black pellets provide a number of benefits compared to traditional wood pellets. These include improved durability, water-resistance, higher energy content, lower shipping costs, and reduced dust problems compared to other types of bio-based pellets.