SEOUL, SOUTH KOREA, August 07, 2013 (Korea Bizwire) – Asian biomass markets are witnessing profound shifts in trade and feedstocks sourcing with South Korea and Japan setting the pace for China, Thailand, Indonesia and Malaysia. The Korean RPS (Renewable Portfolio Standard) and the Japanese feed-in tariffs (FiTs) for biomass have been important enablers of biomass trade in the region.
Despite the potential, the Asian biomass market still face an uncertain future due to diverse challenges in cultivation, sub optimal pellet capacities, price volatilities, and cross border trade shifts. Korean and Japan’s demand for bioenergy depends on competitive sourcing of pellets from global sources. Moving forward, global and regional Asian pellet suppliers will have to invent novel supply models to remain competitive.
[CMT’s Biomass Pellets Trade & Power summit put together with support from Premium Sponsor Pellet Association Malaysia (PAM) and Agensi Inovasi Malaysia (AIM) will set the stage for deep analysis of the ground realities in pellet trade patterns, feedstocks uncertainties, sourcing strategy, sustainability initiatives and pricing dynamics in the North East Asian biomass value chain.
Among the panelists are Chang Joo Ok, President & CEO of Korea East-West Power Co., delivering the keynote address and Timothy Ong, interim Chairman of Pellet Association Malaysia (PAM) speaking on the new initiatives in Malaysian biomass trade.
Addressing [Biomass pellet trade and development of wood pellets market trends is Prof. Gyu-Seong Han from Chungbuk National University (Forest Product Marketing Center), while global trade dynamics end is covered by Nick Tsirigotis of EDF Trading. Sharing DONG Energy’s experiences in conversion of coal to wood pellets fired power plant is Jens Price Wolf and elaborating on sustainable supply strategies will be Matt Bovelander of Indufor Asia Pacific Ltd.
An inside perspective on going biomass-based power generation projects from South Korea’s top power utilities, Korea Southern Power (KOSPO), Korea East-West Power (EWP), Korea South-East Power (KOSEP), Korea Western Power (KOWEPO) and Korea Midland Power (KOMIPO) allows for a rare opportunity to assess the emerging scenario.
The modalities of intra-regional alliance models will be explored by JP Jaepil Song, Eco-Frontier while Philippines project status update will be provided by Michael Paik, EnerOne, Inc. Bas Melssen from Agensi Inovasi Malaysia will present an overview of Malaysia’s National Biomass Strategy 2020, International biomass pellet trade shifts will be addressed by Todd G. Bush, Green Circle Bio Energy Inc., and the Russian wood pellet market by Dr. Olga Rakitova, The National Bioenergy Union, Russia.
One can visit http://www.cmtevents.com/aboutevent.aspx?ev=130929 or contact Hafizah at +65 63469128 for more details.
SOURCE : Press Release via PRWEB