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

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