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Industrial Biotechnology and Climate Change

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Industrial Biotechnology and Climate Change ( industrial-biotechnology-and-climate-change )

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Figure 4. Comparison of areas of interest Source: www.era-ib.net Lessons learned from existing biorefineries show that the construction of demonstration facilities is a crucial step towards developing a fully-fledged biorefining industry. Demonstration activities are able to close a critical gap between scientific feasibility and industrial application. They enable the measurement of actual operating costs, and specific strengths and weaknesses of technological processes before costly, large-scale facilities are built. They dramatically reduce the risk of introducing new technology on an industrial scale and therefore make a biorefinery venture much less risky for investors. Stimulating the construction of demonstrators via public-private partnerships is therefore one of the most important measures that can be taken in the development of the bioeconomy. The initial construction of biorefinery demonstration plants is not only a costly undertaking but it also involves bringing together market actors along new and highly complex value chains. This includes the diverse suppliers of biomass raw materials (farmers, forest owners, wood and paper producers, biological waste suppliers, producers of macro- and microalgae), the industrial plants that convert the raw materials and industries providing them with the necessary technologies, and the various end users of intermediate or final products. Countries like the United States, Brazil, China, the Netherlands and others are 20 INDUSTRIAL BIOTECHNOLOGY AND CLIMATE CHANGE: OPPORTUNITIES AND CHALLENGES – © OECD 2011

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