Pellets skyrocketing: is it worth buying now or waiting for winter?

Pellets skyrocketing: is it worth buying now or waiting for winter?

The winter of many Italians could be quite cold or with a very high bill. More and more people are running for cover after the gas cuts and do so by investing in pellets. The result of this mass shift towards biomass? The price skyrockets and the attempt to save on the bill becomes accustomed.

This is confirmed by the data on the trend of costs and industry experts who in this context speak of a critical period for buyers, increasingly confused and undecided on how to power their heating systems in view of the coldest season without sacrificing further their savings.

At the moment the front splits in two; there are those who think of buying the necessary as soon as possible by playing in advance and there are those who would prefer to wait in the hope of a turnaround with the arrival of new supplies. The technicians, however, speak of delays in deliveries and slippages that touch 2023 in the most nefarious scenario.

To dispel any doubts it is therefore essential to pay attention and try to intercept the best time to stock up.

Very expensive pellets: great demand, little supply

The Istat numbers speak of a massive use of biomass by citizens with 15% choosing it as a power source for the heating system. In particular, the institution’s estimates include 6.6 million appliances powered by firewood (74.2%) and 2.3 million powered by pellets (25.8%). However, this figure is destined to rise despite the drastic decline in availability.

At the same time it is recorded in fact shortage of raw materials for the construction of stoves as in the case of iron and steel. To explain the phenomenon to the Corriere della Sera is Marco Carmagnani, owner of RM Consult, dealer for fifteen years of pellets and wood in Cerea and Pescantina (Verona):

“In addition to Ukraine and Russia where there is war, we also buy wood from countries such as Bosnia, Serbia and Croatia which for protectionist reasons have closed exports, while pellets from Germany, Romania and Croatia arrive with a dropper”.

This leads to a critical price trend with demand exceeding supply. It is no coincidence that the market registers a real one doubling of costs; if a year ago the cost of a 15 kg bag of pellets could be purchased for 5 euros, now the tag shows at least 10.

What does Veneto do to get started

The first Region to notice the phenomenon and to try to give answers to the citizens is the Veneto with the president Luca Zaia who had already spoken at the inauguration of the exhibition last May “Fire Project” of the city of Verona saying:

“There is great excitement in this sector which, with the concomitant gas crisis, can be a fundamental sustainable alternative in the direction that I have been hoping for for some time. A stove in every home can be a valid alternative to pay and pollute less ».

The Russian gas blockade has indeed brought with it the supply problems that we are well aware of, but the overcrowding of the wood biomass sector only makes the situation worse for consumers’ pockets.

Precisely for this reason, in June, the Region had approved a tender addressed to citizens residing in Veneto for the granting of a non-repayable grant for the replacement of obsolete wood, pellet or wood chip-fired heat generators with new generation wood biomass plants. 4 or 5 stars depending on the emission classification.

The deadline for submitting the expression of interest expires on September 15, while applicants in the ranking must submit the application for a contribution by March 15, 2023, again through the ReStart IT platform.

When is it worth buying?

In a chain reaction of national dimensions, we can therefore say that the heavy delay in deliveries will also weigh on customers who would like to wait for a fall in costs, as evidenced by many entrepreneurs in the sector who speak of an exponential increase in requests such as to postpone the installations in March and April 2023 In many cases.

The danger to be avoided at this point is that of rationing since, in all probability, going towards the winter the demand will be even greater and, at the moment, there are no signs of an increase in production to counterbalance it.

In light of these developments, the prospectus appears clear: it is worth investing today not to find yourself dry in time of need.

#Pellets #skyrocketing #worth #buying #waiting #winter

Leave a Comment

Your email address will not be published.