Saving by using pellets
Economic Comparison of pellets and other types of solid fuels with Fossil Fuels
Let us now compare the calorific value and cost of Solid Biofuels with common Fossil Fuels. The values below represent average calorific value and combustion efficiency values, as well as Chimney & External Burner Technical Losses, in the case of most fossil fuels.
The calorific values of all fossil fuels and wood are provided by the EU DIRECTIVE: 2006/32/EC ANNEX II: "Energy Content of selected fuels for final use", Journal of the European Union, April 5, 2006. The calorific values values & specific gravity vary depending on the origin of the fuel & their composition as well as the quality of the contained hydrocarbons.
The cost prices of the various fuels are indicative prices for Greece in March 2012.