Peat has attracted considerable interest as a potential source of alternative fuel in terms of improving hydrocarbons production and satisfying market demand. The next decade is likely to witness a raise in its exploitation. Nevertheless, the characteristics of peat pyrolysis process, via which many experts expect a considerable generation of hydrocarbons, have not been dealt with in depth. In the present study we have applied thermal analysis combined with isoconversional and model methods for clarifying the kinetic and thermodynamic aspects of the process of generating hydrocarbons from peat via pyrolysis in the absence and presence of iron tallates as a catalytic agent. The obtained results showed a positive effect of the opted catalyst on the process of peat pyrolysis. It has been shown that the catalyst is able to reduce the energy of activation of peat pyrolysis process. Moreover, the Gibbs energy, enthalpy and entropy of complex formation values have been found lower in the presence of iron tallates for all the applied isoconversional methods (Friedman and KAS). The evidence from the present study points toward the beneficial effect generated from the utilization of iron tallates in the processes of hydrocarbons generation from peat for improving energy production in the future.