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EXECUTIVE SUMMARY

 

Central and Eastern Europe has a unique opportunity to develop a next-generation ethanol and bioproduct industry in the next two decades. There could be major benefits in terms of job creation, the economy, reduction of greenhouse gases and energy security. Agricultural residue supply can underpin the development of this industry. It is a resource that can be sustainably harvested without altering current agricultural land use patterns. In supplementing food production, this resource can be turned into a variety of bioproducts from transport fuels to chemicals and plastics.

In this study Bloomberg New Energy Finance explores how establishing a nextgeneration bioproduct value chain in the next two decades could contribute towards building a bio-based economy. We use next-generation ethanol as a proxy for other bioproducts, as the technology is ready for commercial use.

 

 

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