Increased bioenergy demand has triggered a discussion on the sustainability of solid biomass-based fuels and a system for sustainability criteria has been discussed within the EU. This paper assesses the greenhouse gas (GHG) emissions for heat and electricity from selected wood pellet value chains for the Swedish market and the associated potential emissions reduction in relation to fossil fuels using a life cycle assessment (LCA) perspective, and in relation to the approach described in recent EU policy developments. Nine different wood pellet value chains for heat and/ or power production in Sweden are assessed (including pellets from Sweden, Latvia, Russia, and Canada). Selected assumptions are varied in a sensitivity analysis. The total factory-gate GHG emissions at the conversion facility for the wood pellet value chains studied, range between 2 and 25 g CO 2 -eq/MJ pellets with Swedish pellets at the lower end, and Russian pellets using natural gas for drying the raw material at the higher end. Imported pellets from Latvia, Russia, and Canada that use biomass for drying may also reach relatively low levels of GHG emissions. The potential GHG reduction as compared to a certain fossil fuel default energy comparator is 64-98% for the electricity produced in the pellet value chains studied and 77-99% for the heat produced. Thus, many wood pellet value chains on the Swedish market will most likely be able to meet strict demands for sustainability from a GHG perspective.

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