
SOURCE: Drax Group plc
October 9, 2025
BY Drax Group plc
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The U.S. exported 830,468.7 metric tons of wood pellets in September, down from 894,320.3 metric tons in August and 898,133.7 metric tons in September 2024, according to data released by the USDA Foreign Agricultural Service on Dec. 11.
Drax Group plc on Dec. 11 announced the company has no near-term or medium-term plans to expand wood pellet production capacity. Work on the proposed 450,000-metric-ton-per-year pellet plant in Longview, Washington, will remain paused.
Renewables are expected to account for more than 24% of U.S. electricity generation in 2025, expanding to 26% in 2026, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Dec. 9.
A new economic analysis finds that EPA’s proposal to assign 50% of the RIN credits to imported biofuels and biofuels made from imported feedstocks compared to domestic would strengthen domestic soybean markets.
The USDA maintained its outlook for 2025-’26 soybean oil use in biofuel production in its latest WASDE report, released Dec. 9. The estimate for 2024-’25 soybean oil use in biofuel production was revised down.