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BiomassPool: The first trade of sustainable wood chips is performed at BiomassPool

BiomassPool: First trade of sustainable wood chips The Danish energy exchange BiomassPool, launched in February this year, has on 3 July completed the first auction and trade of documented sustainable wood The trade, which was carried out via the electronic trading system, is for delivery of the quality standard so-called coarse wood chips (according to the industry standards). The contract period is for week 27-2018. The CHP plant has at the same time secured themselves sustainable woods chips that comply with the Industry Agreement concluded between Danish Energy and Danish District Heating Association. BiomassPool's trading system ensures that only certified suppliers (SBP, FSC, PEFC or Alternative Documented) could bid on this particular order. The auction principle at the exchange secured the CHP plant a lower price than the price they had submitted at the exchange. New orders are already placed at the exchange for the coming Tuesday auction and more and more market players – both sellers and buyers – are signing up, ready to trade. Contact information: BiomassPool, CEO, Kenneth Lykkedal, +45 2966 3779 The energy exchange is available at https://biomasspool.com.

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