As long as care is taken regarding stand and forest sustainability, forest biomass is an interesting alternative to fossil fuels because of its historical use as an energy source, its relative abundance and availability worldwide, and the fact that it is carbon-neutral. This study encompasses the revision of the state of the sources of forest biomass for energy and their estimation, the impacts on forests of biomass removal, the current demand and use of forest biomass for energy, and the most used energy conversion technologies. Forests can provide large amounts of biomass that can be used for energy. However, as the resources are limited, the increasing demand for biomass brings about management challenges. Stand structure is determinant for the amount of residues produced. Biomass can be estimated with high accuracy using both forest inventory and remote sensing. Yet, remote sensing enables biomass estimation and monitoring in shorter time periods. Different bioenergy uses and conversion technologies are characterized by different efficiencies, which should be a factor to consider in the choice of the best suited technology. Carefully analyzing the different options in terms of available conversion technologies, end-uses, costs, environmental benefits, and alternative energy vectors is of utmost importance.