Analysis of market demand for biomass pellet fuel

In 2004, China faced significant energy challenges. There were 25 provincial-level power grids experiencing power outages, and the peak power gap during winter and summer exceeded 30 million kilowatts. Many power plants had to shut down due to coal shortages, while approximately 30 million people still lacked access to electricity. These issues highlighted the urgent need for alternative energy solutions. The development of the biomass pellet fuel industry emerged as a promising solution. By converting agricultural waste into fuel, this industry could supplement coal supplies and reduce dependency on fossil fuels. Additionally, building small and medium-sized thermal power plants can help ease the pressure on both power and heating supply. This approach not only supports energy security but also plays a vital role in China’s efforts to build a well-off society. Futong New Energy is actively involved in producing and selling straw pellet machines and briquetting equipment, promoting the production of biomass fuel. This technology helps convert waste materials into valuable energy sources, contributing to sustainable development. With rapid urbanization, over 600 million urban residents are placing increasing demands on heating systems. However, many new residential areas are located outside city centers, where heat distribution networks are either insufficient or suffer from high losses. As a result, traditional heating methods—such as natural gas or electric heating—are often costly and inefficient. Some heating plants operate at a loss, making them unsustainable long-term solutions. After the introduction of China’s "Renewable Energy Law," straw power generation gained legal support. The integration of biomass pellet fuel with cogeneration systems offers a dual benefit: it meets heating needs and generates additional electricity revenue. With shorter heating distances and lower construction costs, this approach represents a sustainable and economically viable solution for renewable energy utilization. By investing in biomass technologies, China can move toward a more resilient and environmentally friendly energy future.

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