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is switching from oil to pellets means reducing CO2 emissions by 98 percent

Extensive study documents CO2 balance of domestic pellet production

Wolfsgraben bei Wien (OTS) - A comprehensive study by the research organization Bioenergy 2020 and the Working Renewable Energy Vienna / Lower Austria as part of the program climate: is active to the conclusion that, the switch from oil to wood pellets a CO2 reduction of 97.6 percent result. To come to this conclusion, the study authors, the CO2 balance of domestic pellet production have a closer look.

The data basis for this came from eight pellet production facilities in Austria, around 50 percent of the total domestic production . Cover analyzed precisely, the raw material base, the electrical energy consumed in pellet production, the heat used to dry the wet wood chips and the energy required to transport the pellets to the final customer. Since in all plants to the drying of sawdust with biomass energy, CO2 emissions are produced only by the pellet production (on average 18 kg of CO2 per tonne of pellets) and the transport of the pellets to the final customer (an average of 14 kg per tonne of pellets). This results in the production and delivery of one tonne of wood pellets a total of 32 kilograms of CO2 emissions. 490 liters of heating oil, which have the same energy value as a tonne of wood pellets and share, whereas 1323 kg of CO2.

the words of Dr. Christian Rakos, Managing Director of proPellets Austria: "The potential for CO2 reduction in the heat is enormous, as the recent study by the Renewable Energy Working Group clearly shows. This is a clear message to the national and international decision-makers to advise just in Cancun on ways to combat climate change. "

proPellets Austria is the Association of Austrian pellet industry and represents more than 60 Austrian companies from the pellet production, pellet trade, production of boilers and the supply industry. proPellets Austria is a member of the European Biomass Association AEBIOM pellet and the European Council.

further inquiries / Source:

Dr. Christian Rakos

proPellets Austria

main road 100

A-3012 Wolfsgraben

T: +43 2233 70 146

M: +43 664 5146412

http: / / www.propellets.at/

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price of oil gets cold shock

cold wave has gripped Europe, and hence the price of oil. The price goes up and up, he already has a two-year climb higher. It is not the biting cold alone that drives the price.

based addition to the winter weather, the current Weakness of the dollar price of oil. The currency suffered from speculation addition to extending the bond-purchasing program of the U.S. central bank has been aiming for the volume of 600 billion dollars. "The dollar will remain under pressure. I would not be surprised if the oil price jumps during the week of the marks of 91 and 92 dollars," said Peter McGuire, an independent commodity strategist in Sydney. The experts explain

Commerzbank, the rising commodity prices with the resolve of the U.S. central bank, the economic weakness with a massive expansion of money to fight. It adds to the general market optimism and an increased speculative interest.

oil prices to 26-month high
comes in oil prices also add to this the bitter cold in much of Europe. In the United States, the largest heating oil market in the world, it looks much better. For the northeastern U.S. meteorologists say also requires continued below-average temperatures. In addition to the higher demand for heating and the increased demand for diesel generators provide the light of energy saving in China for solar chimney, the Commerzbank.

Today, the more expensive barrel of American oil West Texas Intermediate (WTI) by up to 0.6 percent, to $ 89.76. North Sea Brent oil traded in the top 0.7 Percent higher at $ 92.03. Thus were both varieties are no longer as expensive as the beginning of October 2008.

waiting for the OPEC
eagerly await the next meeting of the Organization dealers Oil Exporting Countries (OPEC) on 11 December. Venezuelan Energy Minister Rafael Ramirez said recently that he considers a price of 100 dollars per barrel for "fair", similar to expressed the Angolan Oil Minister Jose Maria Botelho de Vasconcelos.


Source: http://boerse.ard.de/content.jsp?key=dokument_494228