Dry and wet torrefaction affect differently on the pyrolysis and combustion kinetics of Norway spruce stem wood. Degradation peaks of dry-torrefied wood are located at lower temperatures than those for wet-torrefied woods. Dry-torrefied wood shows a significantly higher combustion peak than wet-torrefied woods. Dry torrefaction does not influence the activation energy of wood cellulose and lignin, but wet torrefaction does. Dry and wet torrefaction have different effects on the kinetic parameters of char.