Biofuels Remain More Cost-Effective Than Fossil Fuels for 2024 as Well

The costs of biofuels have returned to pre-energy crisis levels, demonstrating that wood biomass is a more economical renewable energy choice for heating compared to natural gas and methane.

According to AIEL's price surveys in April among retailers and large-scale distribution, the price of ENplus® certified pellets in 15 kg bags has decreased by 14% compared to last year, with a national average cost of €5.4 per bag.

Biofuels: Producing 1 MWh of Energy Costs €74

This reduction represents significant savings for consumers, highlighting how biofuels can be an economical and sustainable choice. The price stabilization makes biofuels a reliable option, reducing the uncertainty that has characterized the market in recent years.

Regarding energy costs, producing 1 MWh of energy with pellets costs €74. This is much more economical compared to the €101 needed to obtain the same amount of energy with natural gas and the €154 with heating oil.

The cost difference underscores the economic efficiency of biofuels, which offer not only a cheaper solution but also a more ecological one. Bulk-delivered pellets are highly competitive, priced at €67/MWh, slightly lower than that of 15 kg bags, making them a viable alternative in non-gasified areas where natural gas infrastructure might be limited or non-existent.

Biofuels: The Pellet Market Returns Advantageous Throughout the Year

After two years of unpredictable fluctuations, the "preseason" pellet market has become advantageous again compared to purchasing throughout the year. Buying biofuels in advance allows for lower prices, further contributing to heating cost savings.

However, it is important to note that the expected increases for the heating season will not be comparable to those of last year, barring new energy shocks that could destabilize prices again.

This situation of greater stability offers consumers more security in planning heating expenses, encouraging the adoption of biofuels as long-term solutions.

Biofuels: Firewood Remains More Economical Compared to Fossil Fuels

Firewood also remains a cost-effective option compared to major fossil alternatives in 2024. Producing 1 MWh of energy with firewood, which is obtained by burning 270 kg of dry wood, costs €74, 25% less than methane and 53% less than heating oil.

This makes firewood an economically advantageous choice for many consumers.

The price varies depending on packaging and the degree of seasoning, with lower moisture content wood offering better energy yield and greater efficiency. This type of wood not only saves on heating costs but also reduces pollutant emissions, improving the efficiency of the heating unit.