Some clients of mine have a steady throughput of paperwork which for various confidentiality reasons have most of the copies shredded a month after the events to which they refer. End result is huge grey plastic sacks of shreddies (they use industrial crosscut shredders)
I have on a fairly regular basis scrounged some of these and also have a little steel gizmo I bought from Scotts (I think) advertised along the lines of 'turn newspapers onto fuel' or some such.
I chuck the shreddies into a plastic dustbin with loads of soapy water from the washing up, sawdust and the output when I have fed twigs and other woody bits through the garden shredder, then use the steel gizmo to produce solid blocks of shredded paper which I stack up loosely to dry naturally. The gizmo squeezes out most of the water but realistically it takes ages for them to dry out properly - last January's production sat in the greenhouse (as layers of blocks supporting growing trays etc) all year. For the final week I tend to chuck 'em onto the water pipes.
Thing is when I heave one onto the fire it burns beautifully - warm, pretty (yeah, I know) and leaving nothing but fine grey ash. Really is free fuel - the bricks seem to stay intact just with the paper and the soapiness from the washing up water and perhaps a miniscule amount of resin when I am adding sawdust of woody shreddies, no need for adding flour or whatever.
There's more, though. When it is this cold and come down in the morning to find little left in the grate apart from a few final shreds of coal barely glowing, breaking one of my paper blocks over the knee and putting the halves break side down (with dangling shreds that catch easily) onto the dying embers usually results within about two minutes the paper blocks starting to burn - a bit of heat and more importantly a good enough fire to chuck the normal fuel on top and Bob's your aunty's husband, effortlessly lit fire again.
You can make these blocks exactly the same with newspapers with broadly the same result if you roughly tear them up, and if I run out of shreddies when part way through a batch I usually add newsprint in lieu. All grist to the mill. I remain keen however on pre-shredded paper (lazy bones)! However probably a slightly lower calorific content than Spana's sawdust logs.
I really can strongly recommend these gizmos - very robust, dead easy to use, and lasts for years (so far).