Advanced biorefineries A full-scale commercialization in Europe

Transcription

1 Advanced biorefineries A full-scale commercialization in Europe Melich Dietrich Seefeldt Head of Biorefinery Business Development Europe, Middle East & Africa Brussels, 9 th November 2016

2 Together starch/sugar with cellulosic based technologies are contributing to replace oil Residues of one become the feedstock of the other => complete utilization of renewables

3 Where is the role of advanced biorefineries heading at? Fuels fools or of the future

4 Looking through the eyes of large-capital investors will let us find the answer Future Revenues (Secured cash flows) Status of Conversion Technology Biomass market price 1 2 3

5 Pandoras box starts to open Advanced biofuel mandates on the way EU 0.5% 2G indicative target GHG emission reduction target 2G policy under positive development 2G mandate / or incentive for 2G under mandate Source: Overview of the biofuel policies and markets across the EU-28, epure, 2016

6 Enormous socio-economic impacts for rural regions CO 2 reductions MT/yr 118 k Cellulosic replaces gasoline 31 k Biogas replaces gas 24 k Lignin replaces MSW Equivalent to taking ~ cars of the roads* Macro economics Increases GNP by ~ 150 M. Improvement balance of payments ~ +100 M. replacing oil imports Exemplary revenue streams ~ M for the farmers delivering the wheat straw Local jobs permanent jobs construction jobs over 2 years * Assuming average emissions of 132g/km and average annual driving distance of 18 k km

7 Looking through the eyes of large-capital investors will let us find the answer Future Revenues (Secured cash flows) Status of Conversion Technology Biomass market price 1 2 3

8 2G full-scale biorefineries are on the way to commercialize from FOIK (1) to the next generation of lower cost replication projects (2)* 1-4 Research Lab 5-7 Simulated World 8-9 Real World On the bench equipment On the ground equipment to demo plant 1 Commercial Scale FOIK 2 Commercial Scale Next G 3 Commercial Scale Growth 1-2 yrs project development yrs construction Several FOIK advanced EtOH technologies Scale up risks mitigated Running through learning curve Proven at commercial scale e.g. utilization, performance Successfully replicated with competitive economics across regions Enabled through performance guarantees Technology fully proven Commercial financing kicks in Large scale roll out *Technology Readiness Level Today Tomorrow

9 1 st wave full-scale biomass conversion plants Steel in the ground almost 2 BN Total Investment Cost with an EtOH production capacity of ~500 M lpy on 3 continents In operation In construction Novozymes supply enzymes

10 Advanced biorefineries will decarbonize 1 st our fuels & finally oil based materials of the future

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12 I am looking forward to hearing from you Melich Dietrich Seefeldt Head of Biorefinery Business Development Europe, Middle East & Africa Over 15 years international experience in developing & realizing large-scale renewable energy projects Having worked on investors, general contractor as well as technology side (focus on 1G & 2G biorefineries) Maximized business opportunities in the area of proven bioenergy & scaled up new bio-based technologies. Currently responsible for the Novozymes Business Development EMA in the area of Biorefinery Previously Global Head of Business Development at the Clariant Biotech Group ( sunliquid ) Previously Head of Project & Business Development of the Ferrostaal AG in São Paulo, Brazil. Being a core member of the Programming Working Group of the Biobased Industries Consortium (BIC) in Brussels. Authored several books on Project Management & Plant Engineering e.g. with Roland Berger Graduated with a Masters Degree in Industrial Engineering from the Technical University of Hamburg, Germany Novozymes A/S Krogshoejvej Bagsvaerd Denmark Mobile: mdis@novozymes.com

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