Economic Objectives
Enlargement of biomass feedstock basis via an efficient use of natural resources (conventional and new/advanced 2G-biomass) including waste (straw) and non-food (miscanthus) materials via sustainable and cost-effective conversion pathways
Economic benefits improvement relative to fossil fuels by mitigation of crude oil dependence, and associated price fluctuations and reduction of blending requirements of conventional biofuels for meeting EU/national targets
Economic benefits improvement relative to conventional biofuels via a favorable energy balance by optimal process integration and exploitation of excess energy and energy carriers of refineries and minimization of capital investments as technology will not render drop-in biofuels, rather bio-based intermediates (BioMates) that will be further upgraded via co-processing with fossil-based feeds/intermediates within oil refineries
Market penetration challenges addressing by providing a comprehensive business case, including not only traditional business case methods but also sustainability assessment data (environmental, social and health) to enhance the value chain of the proposition
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 727463 |