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Baltpool’s new strategy for 2035: towards sustainability, transparency and innovation
Baltpool, part of the EPSO-G Group, has identified key areas of activity in its strategy for 2035, focusing on the challenges and opportunities of the regional and European market. The strategy includes two commitments: to be a vital and reliable strategic partner in the development of sustainable biomass markets and innovative trading systems. The second is to be architects of sustainable and efficient progress by maintaining a transparent and effective platform and its ecosystem, which will become the basis for a climate-neutral energy system.
Increasing biomass market transparency and regional development. The experience gained in the Baltic countries allows for a transparent, efficient and clear pricing-based biomass trading system. One of the priorities of the strategy is therefore to expand the markets in the Baltic Sea region and to create an efficient ecosystem contributing to Europe’s green transformation. Negotiations with the largest Polish biomass market players are currently underway and their participation in the exchange trading platform will enable the development of reference prices, which will enable transparency and facilitate well-informed business decisions, and increase market competitiveness. In addition to biomass trading, Baltpool is focusing on additional services and new product launches (e.g. wood chips quality instant testing product) that will allow participants to optimise trading processes, reduce administrative costs and easily access relevant market data. Technological solutions ensure fast and transparent trading, contributing to the modernisation of the whole market.
A regional leader in sustainability. In the European Union, biomass is subject to increasingly stringent sustainability and traceability requirements. Different national sustainability schemes make trade between Member States difficult and unaffordable for small players. Baltpool’s biomass sustainability scheme RED BP, enables compliance with sustainability requirements while minimising the associated administrative burden. The RED BP scheme is already recognised in Latvia and we will further develop and improve it by automating data verification processes. We will seek recognition by the European Commission, which will enable biomass market participants to choose and participate in the RED BP sustainability scheme across the EU, without any national restrictions.
Baltpool’s growing role in the region
The Baltic countries have already shown that modern biomass management standards can create a sustainable and competitive market. Published reference prices ensure transparency, reduce risks and help create a market environment of trust.
Baltpool’s 2035 strategy is not only an expansion, but also a significant contribution to the region’s energy transparency, sustainability and modernisation. The company aims to be a leader in creating a fair, innovative and open biomass market.