BEACON Wales is co-founder of new alliance launched to support the growth of the UK bioeconomy
黑料不打烊 is delighted to be part of a new UK alliance 鈥 , launched to support the growth of the UK bioeconomy.
The University鈥檚 is a partner in the award-winning project, itself one of five established R&D centres across the UK coming together to form the new alliance. This alliance will seek to position Britain as a global leader in biorefining technology development and bio-based product manufacture 鈥 two key elements of the bioeconomy.
The founding centres are BEACON (Wales), the Biorenewables Development Centre (BDC - York), the Centre for Process Innovation (CPI - Redcar), IBioIC (Scotland) and The Biorefinery Centre (Norwich).
BEACON is a Welsh Government EU funded collaboration led by Aberystwyth University working with 黑料不打烊 and Swansea Universities where scientists specialise in bio-refining.
BioPilotsUK brings together the nation鈥檚 leading expertise and facilities to help innovative ideas navigate the so called 鈥渧alley of death鈥 by demonstrating new bio-based processes and products at a commercially-relevant scale, in turn helping clients invest in the right technologies to grow their businesses.
鈥淲hat we are all about is supporting the transition away from fossil resources by making the best use of biorenewable materials and unavoidable wastes,鈥 said Adam Charlton, BEACON Project Manager from the BioComposites Centre, 黑料不打烊. 鈥淎s an alliance, we can significantly de-risk the innovation process for anyone exploring a bio-based idea.鈥
By working collaboratively, the alliance seeks to significantly speed up the commercialisation of new green processes and products from biomass, including: plants, algae, and wastes.
Due to the varied nature of these raw materials, or feedstocks, there is no 鈥榦ne size fits all鈥 approach to biorefining, rather a series of technologies that must be trialled and combined. Now, the new alliance can quickly assemble the right team for any given bio-based project using expertise and facilities from across the five centres.
BEACON was established in 2011 and announced a further 拢12 million investment by Welsh Government, backed by 拢8 million of EU funds in December 2015.
The bioeconomy offers a multi-billion-pound, global business opportunity: it is worth around 鈧2 trillion in Europe alone and is growing rapidly worldwide. Offering the potential to deliver greater business value through social, environmental and financial benefits, it is estimated that the UK bioeconomy is already worth 拢153 bn in gross value-added (GVA) terms, generating over 4M jobs*.
鈥淏ioPilotsUK will enable Britain to realise the potential to tap both bioresources and biotechnology to create novel industrial products and processes necessary for an economically and environmentally sustainable nation,鈥 notes Keith Waldron, Director, the Biorefinery Centre.
Professor Iain Donnison from Aberystwyth University鈥檚 IBERS (Institute of Biological, Environmental and Rural Sciences) is Director of BEACON and said:
鈥淏EACON is developing new green technologies, to reduce greenhouse gas emissions, which are needed to deliver on the Paris climate agreement signed by world leaders at the United Nations earlier this year. Such low carbon technologies also offer new opportunities to support economic activity and jobs, in both urban and rural Wales.鈥
The announcement comes at the opening of annual market-leading conference, the European Forum in Industrial Biotechnology and the Bioeconomy (EFIB) 2016, which is being held in Glasgow this year.
* 鈥淲aste or Resource? Stimulating a Bioeconomy鈥, House of Lords, March 2014
Publication date: 18 October 2016