NOVELTY - Torrefied densified biomass prepared by torrefying a densified biomass feedstock in 2-25 wt.% of a combustible liquid, is claimed.    USE - The torrefied densified biomass is useful as a sources of thermal energy or as a coal replacement.    ADVANTAGE - The torrefied biomass: is renewable and easy to transport; has high energy density and moisture content; and can be prepared in a cost-effective manner with increased friability and grindability, and without loss of mass, mechanical strength and elasticity and risk of rotting, overheating, and auto-ignition during the storage.    DETAILED DESCRIPTION - INDEPENDENT CLAIMS are included for:    (1) a process-1 for preparing a torrefied densified biomass, comprising (a) densifying a supply of a biomass feedstock to obtain a densified biomass material, (b) submerging the densified biomass material in the combustible liquid at a temperature of 160-320 degrees C, (c) torrefying the densified biomass material in the combustible liquid for 2-120 minutes to produce the torrefied densified biomass, and (d) recovering the torrefied densified biomass; and    (2) a process-2 for producing torrefied pellets, comprising (a1) densifying a supply of a biomass feedstock and extruding from the biomass feedstock densified pellets, (b1) conveying the densified pellets into and through an input end of a torrefusion reactor, (c1) submerging the densified pellets in a combustible liquid contained within the torrefusion reactor at a temperature of 160-320 degrees C, (d1) conveying the submerged densified pellets from the input end to an output end of the torrefusion reactor for a period of time from 2-120 minutes, where the densified pellets are torrefied, and the heat and gases are produced during torrefaction, (e1) discharging the torrefied pellets from the output end of the torrefusion reactor and conveying the torrefied pellets into and through a cooler, and (f1) cleaning the cooled torrefied pellets to produce cleaned torrefied pellets, where the cleaned torrefied pellets comprise 2-20 wt.% of the combustible liquid.