Torrefaction is a thermal treatment process to pre-treat biomass at temperature of 200~300 ℃ under an inert atmosphere. It was known that torrefaction process strongly depended on the decomposition temperature of the lignocellulosic constituents in biomass. In this work, the torrefaction characteristics of baggase has been studied. This study focuses on the relation between the energy yields, heating values, gas emission, volatile and ash constituents with torrefaction temperatures and times. The activation energies of baggase torrefaction has been studied by using TGA (Thermogravimetric Analyzer). From this work, it was seen that ash constituents and heating values were increased with torrefaction temperature, while volatile constituents and energy yields decreased. It was also found that carbon monoxide containing oxygen were decomposed at a lower temperature than those of hydrocarbon compounds, CxHy.