ROMANIAN BIOMASS PELLET MARKET - TECHNO-ECONOMIC ANALYSIS

Biomass is currently the most widespread form of renewable energy, and its exploitation is constantly increasing due to concerns about the major impact of fossil fuel consumption, in terms of climate change, global warming and their negative impact on the human factor. Biomass can be transformed using modern technologies into solid, liquid, and gaseous fuels. One of the most widely used biomass biofuels is wood pellets. Pellets obtained from woody biomass represent a very successful renewable energy source, due to their characteristics that include high density, high calorific value, low moisture content, but also ease of storage and transport. Romania's biomass pellet industry has recorded significant growth due to the increasing demand for green energy. Investment in modern technology improves production efficiency and enhances competitiveness in international markets. However, fluctuations in raw material prices such as biomass transportation costs and moisture content often affect profit margins. Improving infrastructure and continued investment in research and development are crucial to strengthening Romania's position in the global renewable energy market. In this context, the purpose of the article is to present an analysis for Romanian pellet market industry.