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Transparency builds a resilient biomass market: Baltpool implements its business model to Poland

Transparent pricing isn’t just good practice – it’s a strategic advantage of building a resilient, more data-driven market. Baltpool, the international biomass exchange, is introducing its model of public reference prices to Poland, offering a proven solution that fosters knowledge-based decision-making and long-term planning.
The relevance of this step becomes even clearer in the context of growing discussions on uncertainty in Poland about the role of biomass in the country’s energy transition. Recent discussions have raised doubts about future state support and the availability of sustainable wood resources. Meanwhile, fears are being voiced about increasing import dependency, potential price shocks, and damage to local suppliers.
Baltpool sees a different way forward (path of development). “We believe that transparency brings clarity and predictability,” says Ramunas Waszkiewicz, Market lead Poland at Baltpool. “With reliable market data, stakeholders can make informed decisions rather than reacting to speculation or fear.”
Baltpool’s reference price system, already established in Lithuania, Latvia, and Estonia, is based on actual trade data from its exchange. Every transaction occurs through transparent, competitive auctions. This eliminates information asymmetry, aligns stakeholder expectations, and provides a reliable benchmark for everyone involved.
The benefits are tangible. In Latvia, for instance, reference prices help calibrate biomass subsidies, aligning public support with actual market conditions. In Lithuania, the data serves as a reliable planning tool for all market participants from regulators to biomass suppliers and power plants. Forestry companies can use price signals to assess raw material values more accurately, while regulators base tariff and policy decisions on verified numbers.
“We’ve seen how this approach prevents panic,” adds Ramunas Waszkiewicz. “When the ban on imports from Belarus was imposed in 2022, many expected market chaos. Instead, the Baltic market remained stable precisely because decisions were made by data, not emotions.“
Baltpool is now inviting Polish regulators, energy companies and suppliers to consider adopting of this model. With real-time reference prices and an open trading platform, Poland can reduce volatility, increase investor confidence, and ensure that future biomass policy is based on measured, evidence-based insights.
“The narrative in Poland is starting to be shaped by uncertainty,” continues Ramunas Waszkiewicz. “We want to offer a practical tool to reduce that uncertainty. Transparency isn’t just about numbers on a screen. It’s about building trust, improving planning, and securing a more stable energy transition.”