Huge potential market

The overall objective of the VABIFLEX project is to develop new technologies and concepts that improve the value of bioenergy resources in an energy system that is dominated by variable renewable energy (VRE) such as wind and solar.

This is pursued by 1) Development of new bioenergy solutions to serve energy markets with a high need for flexibility; 2) Significantly extending the flexibility of known bioenergy technologies; 3) Identification of costs, benefits and development needs for potential bioenergy concepts in a VRE dominated energy system; 4) Improved understanding about the economic, social and environmental sustainability of biomass used in a flexible energy system; and 5) Accelerating the deployment of flexible bioenergy technologies via market assessments and development of potential business plans. 

Effect

The potential market for the technologies and tools developed in the VABIFLEX project is huge – renewables are set to represent 3/4 of $10.2 trillion the world will invest in new power generation until 2040 (BNEF, New Energy Outlook 2017).

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Project name

Value-optimised use of biomass in a flexible energy infrastructure (VaBiSys)

Time plan

2018–2021

Project coordinator

VTT Technical Research Centre of Finland Ltd

Partners

VTT, DBFZ, RISE, Valmet, Helen, SFTec, E.On Gas Sverige AB, Falbygdens Energi AB, Enertech AB, Entrade Energiesysteme AG

Funding from

ERA-NET COFUND Bioenergy Sustaining the Future (BESTF3)

Participants from Energy Economics Lab

RISE RESEARCH INSTITUTES OF SWEDEN

RISE is Sweden’s research institute and innovation partner. Through our international collaboration programmes with industry, academia and the public sector, we ensure the competitiveness of the Swedish business community on an international level and contribute to a sustainable society. Our 2,700 employees engage in and support all types of innovation processes. RISE is an independent, State-owned research institute, which offers unique expertise and over 100 testbeds and demonstration environments for future-proof technologies, products and services.

 

 

energyeconomicslab.se is hosted by RISE Research Institutes of Sweden | www.ri.se

RISE RESEARCH INSTITUTES OF SWEDEN

RISE är Sveriges forskningsinstitut och innovationspartner. I internationell samverkan med företag, akademi och offentlig sektor bidrar vi till ett konkurrenskraftigt näringsliv och ett hållbart samhälle. Våra 2 700 medarbetare driver och stöder alla typer av innovationsprocesser. RISE är ett oberoende, statligt forskningsinstitut som erbjuder unik expertis och ett 100-tal test- och demonstrationsmiljöer för framtidssäkra teknologier, produkter och tjänster.

 

 

RISE Research Institutes of Sweden är värd för energyeconomicslab.se | www.ri.se

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