There is currently a very high demand for our locally produced pellet fuel due to a shortage in the market caused by those suppliers that normally import. Many of these imports were previously of Russian origin and are no longer available.
The UK and Irish markets are split 50/50 between imports and produced pellets. It is estimated that around 80% of imports were Russian origin. Demand for wood pellets has been increasing in the UK and across Europe as people try to decarbonise. This current shortage of wood pellets across Europe has played a significant factor in the rising prices.
Here at Balcas Energy, we are doing everything we can to meet our customer’s needs and give us the best chance of avoiding a potential shortage this winter. We have a transparent online ordering system meaning when market prices move, we have to follow or we will get infested with orders that we cannot cope with.
When will the shortage be resolved?
At this time, we do not know how long this shortage of wood pellets will last but we imagine other suppliers will be able to reorganise their supply chains in due course. We currently must prioritise supply to our contracted customers. If you are interested in how you might secure supplies of our locally-produced pellets for the coming season, please get in touch with a member of our sales team.
Price of wood pellets
The price of our wood pellets has increased due to a combination of rising costs such as energy, transport, wood fibre, and the market shortage caused by global events. You will find our prices are still very competitive compared to other suppliers who are selling wood pellets.
Key reasons why you should choose Balcas Energy pellet fuel!
- The carbon footprint of wood pellets – Pellet fuel can produce one-tenth the carbon as heating with oil. If the forest the wood pellet material is sourced from is managed sustainably, the carbon footprint is significantly reduced in comparison with fossil fuel heat. This is why in Balcas Energy we pride ourselves on our sustainability story.
- Forests can directly benefit – By using environmentally reliable sources for production, burning pellets releases fewer carbon emissions than if trees were left to decompose in the forest. This allows modern forestry organisations to enhance the rate of carbon elimination from the environment by replanting new trees which absorb CO2.
- Our locally produced pellets are natural – When it comes to using pellets, there are no chemicals or dangerous extracts included that could be harmful to you or the environment. Pellet fuel is made from scratch using green energy and high-quality material from trees grown in sustainable forests.
- Storing is very easy – Wood pellets can be stored in any dry room. They are not easy to ignite and do not pose a significant fire hazard. Whereas fossil fuels such as fuel oil, gas, diesel fuel, and coal are easily flammable and contain harmful odours.
Getting ready for 2023…
We expect 2023 to be just as busy due to the high demand for our locally produced EnPlus A1 wood pellets. We are strongly advising that you order as soon as you need wood pellets to ensure you are not left disappointed.
Balcas Energy