Data from the According to a release, colder weather means increased demand for pellets, and several Northeast producers report they're already sold out for the winter.
Wilson, who recently moved from chief operating officer to president after founder
However, people are looking for more product, he adds. "I've heard competitors are sold out this year, too."
While that may be the case, a long-term shortage -- meaning pellets are unattainable or difficult for consumers to find -- is unlikely, in Wilson's opinion. "The reason for that is because mass merchants that have taken a significant amount of market share are willing to buy pellets from other parts of the country and bring them into the region," he says.
That's exactly the case, according to
The West has seen excess supply and production relative to demand for a number of years, according to Sharron, so this may be an opportunity to alleviate that issue. "These blips of cooler weather are welcomed, but they're not causing any challenges," he said, adding the active export market may be one reason some producers have not curtailed an amount of production capacity, as well as pellets sold for remediation purposes in oil sands operations.
Another reason for increased pellet demand is more boiler heating system installations, which have been slow but steady in recent years, but state-initiated incentives are helping facilitate more of them at a quicker rate. For example, Efficiency Maine recently lifted its
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Data from the
According to a release, colder weather means increased demand for pellets, and several Northeast producers report they're already sold out for the winter.