The stability of biomass prices, in clear contrast to the progressive increase in the cost of heating oil, which has risen by 35% in the last two years, has led to a significant increase in savings resulting from the use of biomass. as heating fuel, which at the moment can be up to 66% compared to the costs of diesel.
According to the president of the Spanish Association for the Energy Recovery of Biomass (Avebiom), Javier Díaz, “we are not talking about theoretical possibilities, but about real and immediate savings for families and institutions that already use biomass to heat their homes or buildings for collective use; and we are talking about a certain expectation for those who plan to replace diesel with biomass in the short term, because the latest increases in oil prices can no longer be considered as simple temporary increases.
According to calculations made by Avebiom, the cost of 2.35 kilograms of wood chips delivered to the home, the energy equivalent of one liter of heating oil, represents a saving of 66%; that is, 0.486 euros per liter of diesel). The price of diesel has risen from 0.547 euros per liter in May 2016 to 0.741 euros registered on May 15.
In the event that olive pits are used, the price of 2.19 kilograms (which is the energy equivalent of one liter of diesel), the saving is 0.362 euros per liter of diesel (49%). And if the biomass used is pellets, the equivalent cost (1.96 kilograms) represents a saving of 38% (0.280 euros per liter of diesel).
The latest data from the Avebiom Price Index, referring to the last quarter of 2017, reflect the stability of the price of pellets, olive pits and wood chips in their different sales formats to the final consumer (in bags or in bulk, served at home by tanker trucks). In the case of pellets, which is currently the most in-demand fuel, the evolution of the price of a 15-kilogram bag has decreased by 3.37% on average in the last three years.