Svebio will lead a project to facilitate investments in new Swedish biorefineries

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Type of post: NEWS IN BRIEF.

And we continue to catch up with interesting news of the last month. The Nordic Region is making great efforts to decarbonize its economy and Sweden is one of the key players. In that country, the use of biofuels has doubled in just three years (in 2017, the share of biofuels in transportation was over 20%). However, 85% of those biofuels used are imported. In this context, the Swedish Bioenergy Association (Svebio) has been granted 1.4 million SEK (approximately, 136,000 €) in funding from Sweden’s Innovation Agency (Vinnova) to develop proposals for facilitating investments in new Swedish biorefineries and to increase the domestic production of biofuels. The project ends in February 2020.
See press release: “Svebio vill förbättra villkoren för nya bioraffinaderier”, 12/12/2018.

Figure 1. Logo of Svebio

The project will lead to concrete instruments to realize the potential of forest residues, primarily, for biofuels. The partners will identify the risks facing investors in Swedish biorefineries and suggest how these risks can be managed and minimized.

Svebio is the project coordinator together with the biofuel companies Energifabriken and Sekab, the forest companies Holmen and Södra Skogsägarna, the project developers PyroCell and Porcupine, technology developer RenFuel as well as the Swedish Association for Road Transport Companies (Sveriges Åkeriföretag). Svebio will use its BioDriv network with approximately 60 companies and organizations with 130 people to promote biofuels covering all parts of the value chain from raw materials to manufacturers and suppliers to users.

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