This study evaluated the heating value derived from waste trees generated by thinning in Daejeon Metropolitan City. These trees are generated and stored in the forest without being handled separately after thinning. They can be used as a source of energy as they have a high heating value and, to avoid landslides during heavy rain, must be taken away from the forests properly. In 2014, statistical data of waste trees in Daejeon showed there were 2,152,352 m3 of conifers, 924,836 m3 of broad-leaved trees, and 662,914 m3 of mixed forest. The moisture content of conifers was 15.8%, that of broad-leaved trees was 11.5%, and that of mixed forest was 13.7%. The ash content of conifers was 7.0%, that of broadleaved trees was 4.0%, and that of mixed forest was 11.4%. All three types of tree satisfy the moisture and ash content criteria for fluff type Bio-SRF, i.e., 25% and 15%, respectively. Therefore, they are deemed sufficiently valuable as a source of energy. The heavy metal (Hg, Cd, Pb, As, Cr) content of conifers, broad-leaved trees and mixed forests each satisfies the heavy metal content criteria for Bio-SRF, i.e., 0.6 mg/kg, 5.0 mg/kg, 100 mg/kg, 5.0 mg/kg, and 70 mg/kg, respectively. The lower heating value of conifers was 5,070 kcal/kg, that of broad-leaved trees was 4,660 kcal/kg, and that of mixed forest was 4,820 kcal/kg. All three types of tree satisfy the lower heating value criteria for Bio-SRF, which is 3,000 kcal/kg, and, therefore, are deemed sufficiently valuable as a source of energy.