Table of Contents Table of Contents
Previous Page  22 / 40 Next Page
Information
Show Menu
Previous Page 22 / 40 Next Page
Page Background

22

|

BIOFORE

even if they would not use rawmaterials suitable

for food.

“It’s fair to say that because of the first gener-

ation biofuels there’s a lot of backlash now.

But I don’t think that has to be inherited by an

advanced industry," Malins says.

“With advanced biofuels there’s an oppor-

tunity for companies not just to profit, but to

create more jobs, to pushmore money to the

rural economy without doing it through high food

prices. Withmore of a focus on these resources,

which are underutilised and low value at the

moment, it can be muchmore of a win-win

proposition.”

Advanced biofuels are still very much in

the early stages and people have different views

and even definitions for them.

“I think the ball is still pretty much in play

on advanced biofuels,” he says.

Long and winding road ahead

Despite all the promise that can be seen, it’s not

only smooth driving in the future. In Europe,

technology is nowmature enough to enable us

to start the production of advanced biofuels.

Still, uncertainty around biofuel policy past

2020 is slowing down the sector from reaching

its full potential. Another big question, especially

for smaller entries to the market, is financing.

“Big companies, that have the capacity to

invest internally, have a real advantage. Still

everyone’s going to have to justify quite signifi-

cant capital expenditures.

“So, the real challenge is having a combination

of policy measures and support that gives confi-

Potential CO ² savings

could range

from 60% to 85%.

The transport sector is on its way

to becoming the EU’s biggest source

of CO ² by 2030.

In 2030 about 220 million tonnes

of cellulosic material could be

available annually.