Barriers and incentives for the market diffusion of biorefineries in a circular economy
New product development and diversification into new markets and product areas, provide new business opportunities for stakeholders along the value chain, but also mean higher complexity and risk in business undertakings. The diversification into new markets and product areas calls for an early identification of specific barriers and incentives for a successful market diffusion of newly developed biobased products.
A multi-perspective & multi-stakeholder approach called Importance-Performance-Gap-Analysis was used. An Importance Performance Assessment (IPA) survey was held in 2021 with over 300 invitations, over 70 replies (performance vs. gaps). This includes 39 experts on LCF biorefineries, 25 experts on Green Biorefineries and 6 experts algae biorefineries. The activity has identified and analyzed specific barriers to and incentives for a implementation/ commercialization of biorefineries. The results were presented at the IEA Bioenergy End Of Triennium Conference in December 2021.
A slide-deck with a short summary report is available here.