BBI JU value chains represents 3.2 million jobs and 600bn € turnover in the EU but still very fragmented between countries and actors.
BBI JU objectives: de-risk investment, define a common agenda and facilitate access to financing to demonstrate new technology; develop integrated business models and set-up flagship bio-refinery plants as key enabling platform for 2nd gen plant based chemistry.
BBI JU has a budget of 3.7 bn Euros, 27% from the EU and 73 % from the industry represented by the Bio Industry Consortium BIC
Strategic level: SIRA Strategic Innovation and Research Agenda, the scope of which has been widened in terms of biomass sources and economic sectors. 4 main strategic orientations: feedstock, process, product and market uptake.
7 KPIs defined: new cross sector interconnections, new bio-based value chains, cooperation projects, building blocks, materials, consumer products and flagships resulting from BBI.
Target is to have 30% fossil based products replaced by plant based in 2030. Easy to remember, more difficult to achieve. However a lot of project currently in the portfolio : details on website https://www.bbi-europe.eu
Call 2017 being implemented though 3 types of action: RIA (TRL 4 and 5), IA-DEMO (TRL 6 and 7) and FLAGSHIPS (TRL 8)
Call 2017 is opened until the 7th of September and information on outcome will be given prior to year-end.
Flagships can receive grants up to 21 million €. Is this really sufficient against the amount of money > 250M€ needed for an industrial bio- refinery?
How many bio-refineries would be necessary to meet the target? Initial BBI JU objective was 5 FLAGSHIPS by 2020 and there are already 6 reportedly in the pipeline of supported projects.