In this study, torrefaction was performed to improve fuel properties of Larch. The optimal condition for torrefaction was investigated by response surface methodology. The torrefaction temperature and time ranged 220~280 ℃ and 20~80 min, respectively. As the torrefaction temperature and time increased, the carbon content of torrefied biomass increased from 49.36 to 56.65%, while its hydrogen and oxygen contents decreased from 5.56 to 5.48% and from 37.62 to 31.67%, respectively. The weight loss and calorific value increased with SF, while energy yield decreased. At the severe torrefaction condition (SF 7), the weight loss and calorific value were 26.58% and 22.30 MJ/kg, respectively. The energy contained in torrefied biomass increased to 20.41%, when compared with the untreated biomass. As the torrefaction severity increased, the energy yield decreased due to the relatively high weight loss of biomass. Therefore, the highest energy yield was obtained at high calorific value and low weight loss of biomass (SF 5.72).