North American Wood Fiber Pricing and Demand
SOURCE: FORISK WOOD FIBER REVIEW
October 30, 2023
BY Brooks Mendell and Stephen Wright
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The U.S. Energy Information Administration currently predicts renewables will account for 23% of U.S. electricity generation this year, increasing to 25% next year, according to the agency’s latest Short-Term Energy Outlook, released May 7.
PBF Energy Inc. on May 2 announced that its St. Bernard Renewables facility operated well during the first quarter of this year, producing an average of 18,000 barrels per day of renewable diesel during the quarter.
The U.S. exported 938,662.3 metric tons of wood pellets in March, up from 696,692.9 metric tons in February and 909,787.1 metric tons in March of last year, according to data released by the USDA Foreign Agricultural Service on May 2.
CVR Energy Inc. on April 30 confirmed that the feedstock pretreatment unit at the Wynnewood biorefinery in Oklahoma has begun operations. The company also continues to evaluate the development of two proposed SAF projects.
Marathon Petroleum Co. on April 30 confirmed the Martinez Renewable Fuels biorefinery in California is currently operating at 50% capacity, but said the facility is expected to ramp up to 100% capacity by the end of the year.
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