The need for innovative financing for first of a kind low carbon fuel plants

The costs of many new advanced biofuel options are currently much higher than those of their fossil fuel competitors, and also of conventional biofuels, on an energy basis. As has been seen for other technologies, there is probably significant potential for cost reduction due to economy of scale, in combination with significant learning effects for developing the new state of the art technologies. But, the situation for biofuels is perhaps more complex than for fossil technologies as feedstock cost is linked to the sustainable quantities available on a particular market and there is also a more limited scope for reduction in feedstock costs. Therefore dedicated and innovative financing tools are needed to facilitate the development and market deployment of such innovative technologies. The session will address the needs of the industry and the type of financing tools that can be effective for advanced biofuel technologies.

Speakers

Principal Administrator
Directorate General for Energy / European Commission
Professor / Chairman of the Renewable Energy COnsortium for R&D (RE-CORD), University of Florence
Renewable Energy COnsortium for R&D (RE-CORD), University of Florence
CEO
EXERGIA S.A. Energy and Environment Consultants
Senior Energy Consultant
Independent consultant
Director, Public Affairs
UPM
CEO
Beta Renewables
CEO
SkyNRG
Energy Consultant
Studio Gear Up
Senior Vice President, Government Affairs and Communications
ENERKEM
VP Government Relations
LanzaTech
Policy Officer
Directorate-General for Climate Action / European Commission