Everywhere around the world energy prices are increasing and firewood demand along with it.
The 2020/2021 season has seen a surge in demand for firewood due to a number of reasons. The most obvious one was the lockdown, which has millions of people staying at home through winter. The rise of wood burner sales has increased significantly as well.
For the 2021/2022 season, the demand for firewood has increased drastically due to the rise of energy prices. Energy prices in the UK are increasing by 20% to 38% starting from December. Firmus Energy, SSE Airtricity, Power NI, Click Energy, Budget Energy, Electric Ireland, Bright Energy and others have all increased their price.
Firewood - a €624.4bn Industry with 25% annual demand growth
Firewood is one of the fastest growing industries with 6.8% annual growth rate globally.
Britain’s demand for logs is growing 25% to 30% year-on-year. Vince Thurkettle, a forestry and woodland consultant, told the Guardian that it is proving hard to satisfy the increase.
Firewood is a necessity product and provides energy to over 40% of European houses. Albeit many beliefs that it is bad for the environment to burn wood, it is actually clean and renewable energy. It Is frequently referred to as “biomass”, which is a renewable resource as opposed to electricity which is generated through natural gas, coal and nuclear.
Firewood is a renewable energy that will only increase its importance with the set carbon emissions goals.
Firewood is certainly stepping into the spotlight.
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