New pellet plant to be built in Alabama

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EatenByLimestone

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Sounds like the pellets might be for overseas markets.
 
Except that the shipping increases the carbon footprint. Hopefully, they will also train some up to New England.
 
Eh, could be a choice of buying our pellets or buying Russian natural gas.

I'd rather the jobs here. If the market for pellets is here, I'm sure they'll gladly sell them here.
 
To add to this the EU consumed 26.1 million tons of pellets in 2018, now I see why all these new pellet plants need to be built.


Pinnacle Renewable Energy which is a partner in this plant in Alabama is also building a plant 5 hrs north of us as well, with an output of 170,000 tons per year.


I still have a hard time understanding the economics of moving the pellets 2000+ miles by rail then by boat across the Atlantic, shipping must make up a considerable cost to the end user in Europe.
 
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I think it has to do with natural gas and Russia. They are trying to get away from Russian gas at any cost according to this recent article. In a good chunk of Europe the Russians are supplying like 75% of the gas/petroleum.

Many people imagine that geopolitics drives the energy trade between Russia and Europe. As the story goes, each side seeks to exploit gas and oil to influence the other in the big game of power politics — and Russia seems to have the upper hand. The European Union now imports nearly 40% of its natural gas from Russia. For decades, national-security specialists have recommended that Europeans reduce their dependence on these imports at any cost. Most recently, a fierce debate over Nord Stream 2 — a second Russian pipeline across the Baltic Sea to Germany — has led US congresspeople to threaten sanctions.