Catch up with PFI in this issue of the Pellet Wire!

February 9, 2024

From the Director’s Desk: Reviewing November EIA Data, PFI at the HPBExpo, and Membership Renewal Is Here

Reviewing November EIA Data

November Pellet Data (monthly average in parentheses)

Sales – 177,710 tons (214,205 tons)
Production– 157,047 tons (143,763 tons)
Inventory – 183,322 tons (112,174 tons at the close of November 2022)

Despite positive numbers in the PFI Heating Degree Day index, sales numbers for November 2023 (published last week) were disappointing. At 177,710 tons, November of 2023 fell well short of the 215,000 tons the monthly normally produces. November sales bring YTD sales to 1,641,485 tons, still slightly ahead of last year’s pace (1,626,928 tons through November). December sales will need to top 164,089 tons if 2023 is to improve upon the 1,805,574 ton total achieved in 2022. As it happens, the average U.S. total sales in December stands at 163,829 tons. The PFI HDD index saw accumulated Heating Degree Days fall behind the pace of the year prior. This doesn’t tell the whole story, of course, but needs to be considered when wondering about the data we’ll have to wait a month to see.

PFI at the HPBExpo

Next week the hearth, patio, and barbecue industry will come together in Nashville for the HPBExpo. The Pellet Fuels Institute will be in Nashville, connecting with supply chain partners, speaking with appliance manufacturers, and making new connections. On Wednesday, February 14th (1:00 PM), Pellet Fuels Institute Executive Director Tim Portz will lead a discussion, “Wood Pellet Heating in the Context of a New Clean Energy Paradigm”. The discussion will begin with a statistical review of wood pellet sales in the United States before pivoting to a discussion about where wood pellet heating finds itself as state and federal energy policy architects imagine an energy portfolio with zero carbon emissions. Where do wood pellets fit into these ambitious goals and who is advocating for wood pellets to remain a home heating option? If your plans take you to Nashville next week, stop by Room 207AB and say hello.

Membership Renewal Season is Here

With the close of the 2023 calendar year behind us, the organization is now squarely in renewal season. Thank you to those producers who have already renewed. Renewal can be completed on the Pellet Fuels Institute website or by calling the Pellet Fuels Institute Office at (206) 209-5277. Membership tiers are determined by a three-year rolling average of wood pellet sales so you’ll need to have 2023 sales numbers available to execute on your renewal. Please do not hesitate to reach out to the office with any challenges or questions!

—Tim Portz
 Executive Director

Save the Date 2024


Photo of the Week:

Not Exactly a Cold Snap: This 8-14 day outlook offers some hope to producers serving the Northeast that February will finish with weather that feels like winter. The same cannot be said for producers in the Upper Midwest or Pacific Northwest as warmer-than-normal temperatures look likely. 

Photo Source: Climate Predictions Center

Send Us Your Photos! Help us build a collection of photos of our members, their pellet mills, and products! Send images to Tim Portz at [email protected].

Industry News

EIA Monthly Densified Biomass Report

As of November 2023, the monthly data collection included 76 operating manufacturers of densified biomass fuel. These manufacturers had a total production capacity of 12.96 million tons per year and collectively had an equivalent of 2,472 full-time employees.

View Data

Heating Degree Days Data

Heating Degree Day Data Weekly Summary
Climate Prediction Center-NCEP-NWS-NOAA
Accumulations are from July 1, 2023 to February 3, 2024

View Data

Enviva Receives Continued Listing Standard Notice From The NYSE

Enviva Inc. on Jan. 29 announced that on Jan. 23 it received notification from the New York Stock Exchange that the company is no longer in compliance with NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30-trading-day period.

Read Article

General Session Speakers Announced For 17th Annual International Conference & Expo

Biomass Magazine has announced the general session speakers for the 17th Annual International Biomass Conference & Expo taking place March 4-6, 2024 at the Greater Richmond Convention Center in Richmond, Virginia. The conference will begin on Monday, March 4 at 1:00 pm (EST) and will be open to all registered attendees.

Read Article


Statement of Chairwoman Stabenow on Need to Pass a Farm Bill


WASHINGTON – On Wednesday, Chairwoman Debbie Stabenow (D-MI) released the following statement on new economic projections from the U.S. Department of Agriculture and the Congressional Budget Office and the urgency to pass a strong, bipartisan 2024 Farm Bill. 


Read Article


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Join a PFI Committee

Follow PFI on X, and Link with us on LinkedIn!

We’d like to connect and interact with PFI members and anyone else involved in pellet fuels production! 

Here’s how you can help us build our online community:

  1. Follow us on X, and LinkedIn!
  2. Encourage your colleagues and other business associates to follow us.
  3. Email Tim Portz at [email protected] news or other ideas to post on PFI’s social media.

Join a PFI Committee

We welcome and encourage all interested PFI members to get involved in our committees. There are many opportunities to help steer the association. No matter where your expertise and interests lie, we have a committee that will suit you. Help us plan our next conference, shape our policy agenda, lead communications outreach, or grow the PFI Standards Program.

Visit PFI's Committee Page for more information.

Have News to Share in the Pellet Wire?

We would love to feature your company's news in a future Pellet Wire! Let us be the first to know about your company's recent developments, and we will share them with the broader pellet fuels industry.

Please consider the Pellet Wire for staff announcements, new hires, promotions, and retirements. 

Please get in touch with Tim Portz via email at [email protected] with information on your company's growth, job openings, or other news.

Pellet Fuels Institute


[email protected]
(206) 209-5277