Business model for Black Pellets production in Sweden

Sammanfattning: Torrefaction is a technology for increasing the energy density of biomass by heating wood to 200-350 °C in a no-oxygen environment. The technology has been expected to enter the market for several years, but little has happened although studies have been carried out. In this study, a business model is created for a production unit of black pellets in Sweden. This was done by a SWOT analysis and a Business Model Canvas, as well as a comprehensive literature review. In parts of the literature analysis, focus was put on market prices, legal requirements and sustainability.The result of this study is a possible business model for a black pellet production company, including both opportunities and risks. The results show that the technology is mature, and that the main issues are of economic nature. Finding investments and customers for the product are the two main challenges for any interested in starting a production. The study concludes that a production of black pellets in Sweden is possible.