Market Analysis - Renewable Biorefineries 2017
Importance & Scope of Renewable Biorefineries:
The high-value products increase profitability, the high-volume fuel helps meet energy needs, and the power production helps to lower energy costs and reduce greenhouse gas emissions from traditional power plant facilities. Energy needs are increasing continuously because of increase in industrialization and population. Energy system is unsustainable because of equity issues as well as environmental, economic, and geopolitical concern that have implication far into the future. Bioenergy is one of the most important components of greenhouse gas emission mitigation and fossil fuel replacement. The scope of Bio refineries-2017 is to bring the advancements in the field of renewable and bio energy generation.
Renewable Biorefineries aims to provide a unique scientific and technical platform to share the research experiences among the best-available experts and professionals from all over the world engaged in different fields of Biorefineries. It has so far been an important event and has attracted many scientists, engineers and researchers from academia and industry internationally. The important structures of this conference are an opening session, topical sessions with keynote addresses and oral contributions, well organized workshops, symposium, poster presentations and world class exhibits, panel discussions & interactive sessions, collaborative research opportunities.
Why it’s in Seoul, South Korea
South Korea has a huge potential in renewable energy and could fill the demand with such clean energies. They know how to exploit its potential; investments are rising to provide green electricity production. South Korea is 97% dependent on foreign imports, and uses 83% of fossil energies. Nuclear energy takes a huge part in the share of energies. The government wants to increase the percentage of nuclear power generation by 35%. Projects such as the huge solar power plant installation in South West Korea that can provide electricity for 10,000 houses are successful initiatives.
South Korea aims to be a net exporter of clean energy. From 2005 to 2010, its renewable energy capacity grew by 88%. Its total investment in the renewable energy field in 2010 was US$356 million, particularly in wind and solar technologies. By 2015, South Korea aims to be one of the five best users of renewable energies.
Korea has decided also to bet on wind farms: the government is seeking 10% share of the global market for wind power production. The Korean territory counts the biggest tidal power plant of the world and 500 turbines are going to be installed before 2019. The west coast should be the primary source of wind power and offshore wind. The solar radiation in South Korea is not the best, but it is enough to make entire villages so energy efficient that they could become autonomous. Hydropower is the main renewable source of the country, but half of its potential is unexploited.
“The government will lift unnecessary regulations and increase government support to foster the renewable energy sector,” Chae Hee-bong, deputy trade minister for energy and resource policies, said in a press briefing. “It will also help those businesses explore overseas markets.”
· Renewable resources
· Solar Energy
· Renewable vs Non renewable energy
· Waste Valorization.
· Algal Bio refineries
· Integrated biorefineries
· Biomass Pyrolysis
· Biohydrogen production
· Biobased composites
· Industrial Sustainability
Why to attend?
International Conference on Renewable Biorefineries -2017 which is going to be largest platform for everyone who attends this conference. In this forum all the information about renewable biorefineries is going to be delivered in a smooth and well manner. In this conference we discuss on how to save, how to use these resources. The motto of 100% renewable biorefineries can discuss on how to improve so that all the country across the globe can use it. Renewable Biorefineries 2017 is an exciting opportunity to showcase the new products of your company, the new technology, and the service your industry may offer to a broad international audience. Its conduct workshops, distribute new information, meet with current and potential customers, give a touch to a new product line, and receive name recognition at this 2-days event. World-renowned speakers, the most recent techniques and the advanced updates in environment are hallmarks of this conference.
Societies Associated with Renewable Biorefineries Research:
• American Biofuels Council (ABC)
• American Council on Renewable Energy (ACORE)
• American Ecological Engineering Society
• American Society of Agricultural and Biological Engineers
• Association of Energy Engineers (AEE)
• Biomass Energy Research Association (BERA)
• Biomass Energy Resource Center (BERC)
• The Biomass Thermal Energy Council (BTEC)
• Canadian Renewable Fuels Association (CRFA)
• Energy Efficiency and Renewable Energy Information Center (EERE)
• New York State Biomass Energy Alliance
• Vermont Biofuels Association
Fig.1: Societies Associated with Renewable Biorefineries Research
The conference is targeted at all interested Professors, young researcher, Students, eminent persons from different Biorefineries Association and Societies. Directors, CEOs, Managers of different companies related to biorefineries from all over the world.
% of Target Audience:
Academia ( 45%)
Industry ( 30%)
Fig.2: Target Audience from all over the world
Top Universities of South Korea
· Yonsei University
· Seoul National University
· Korea Advanced Institute of Science and Technology, KAIST
· Kangwon National University
· Chung-Ang University
· Chungnam National University
· Korea University
· Kyungpook National University
· Seokyeong University
· Sungkyunkwan University
Statistical Analysis of Universities associated with Renewable Biorefineries
Fig.3: Universities associated with Renewable Biorefineries
Companies associated with Renewable Biorefineries in Seoul
· Ecube Labs Co., Ltd.
· Namseoulgas ltd.
· Samick Green Guard
· Environmental Vision 21 Ltd
· Apollo Tech Co., Ltd.
· Korea Hydro & Nuclear Power Co., Ltd.
· Dahui Co., Ltd.
· Korea Resources Corporation
· Juan Tech Co Ltd
· Luxon Global Co.,Ltd.
Companies associated with Renewable Biorefineries in South Korea
· BJ Power Co., Ltd.
· Symphony Energy Co.LTD
· BIO CDM Inc.
· Pöyry Energy
· Kyungwon Inc
· Eijkelkamp Soil & Water
· Lstech Co. Ltd
· Ecube Labs, Inc.
· Clean Earth Technology, Inc.
· Shinsung Solar Energy
Statistical Analysis of Companies associated with Biorefineries:
Companies and Industries associated to Biorefineries are polymer industries, oil and gas industries, biocomposite industries and chemical industries so on. Also many companies are there in South Korea and in the globe which deals with Biorefineries products. The numbers of Industries present in Seoul, South Korea and in International level is given below.
Fig.4: Companies Associated with Renewable Biorefineries Research
Biofuel Market in South Korea:
Biofuel Depletion in South Korea industry profile provides top-line qualitative and quantitative summary information which includes market share, market size (value and volume 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. The South Korean biofuel consumption market had total revenue of $593.7 million in 2011, representing a compound annual growth rate (CAGR) of 66.4% between 2007 and 2011.Market consumption volumes increased with a CAGR of 45% between 2007-2011, to reach a total of 2.7 million barrels in 2011.
The performance of the market is forecast to decelerate, with an anticipated CAGR of 21.9% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $1,597.2 million by the end of 2016. The performance of the market is forecast to decelerate, with an anticipated CAGR of 21.9% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $1,597.2 million by the end of 2016. The South Korean gas utilities industry is forecast to generate total revenues of $15,996.9m in 2016, representing a compound annual rate of change (CARC) of -6.5% between 2012 and 2016. Industry consumption capacity is forecast to decline with a CARC of -6.9% between 2012 and 2016, to reach a total of 1,333.2 billion cubic feet in 2016.
South Korea is one of the 5 biggest importers of fuel fossil energy in the world. The government in South Korea decided in July 2008 to increase investment in renewable energy. They wanted particularly to reduce the dependence on foreign oil imports. To achieve this, the Ministry of Knowledge and Economy decided to spend $195 million on technologies and projects, including solar, wind and biofuels. South Korea aims to be a net exporter of clean energy. From 2005 to 2010, its renewable energy capacity grew by 88%. Its total investment in the renewable energy field in 2010 was US$356 million, particularly in wind and solar technologies. By 2015, South Korea aims to be one of the five best users of renewable energies.
South Korea wants to make its renewable sector one of the country’s priorities despite the current minimal investment given, just $20 million in 2009, placing it 19th among G-20 members. In 2012, the target of share of primary and final energy from renewables is 4.3% by 2015, 6.1% by 2020 and 11% by 2030. South Korea wants to become one of the three best world wind power generation countries. So the governmemt has announced that the offshore wind farms that are going to be installed by 2019 will be capable of producing the same amount of electricity as two nuclear power plants. It represent a $8.2 billion investment. South Korea’s government unveiled a plan Tuesday to invest about 42 trillion won ($36.6 billion) in developing renewable energy industries, such as solar and wind power and eco-friendly power plants, by 2020. Some 33 trillion won will be spent on the development of renewable energy resources in the next five years, with 4.5 trillion won to be invested in energy storage systems and another 2 trillion won in eco-friendly power plants.
Global Funding Opportunities:
The global biorefinery market was valued at $ 432.4 billion in 2014, and it is expected to grow with a CAGR of 14.0% during 2015 - 2020. The increasing need for energy independence is driving the growth of the global biorefinery market. North America accounted for the largest share in the global biorefinery market with $ 311.3 billion in 2014. The various technologies, the thermochemical segment are expected to witness the fastest growth (17.3% CAGR) during 2015 – 2020 in the global biorefinery market. The industrial biotechnology segment held the largest market share with $ 224.8 billion in 2014, and it is expected to reach $ 447.3 billion by 2020, growing with a CAGR of 13.0% during the period 2015-2020.
Conference Series LLC invites all the participants across the globe to attend the 4th World Congress on Renewable Biorefineries which is going to be held at Seoul, South Korea during October 23-24, 2017 with the theme of “Use of renewable resources for clean tech revolution”.
Conference Series LLC Organizes 1000+ Global Events inclusive of 300+ International Conferences, 500+ Workshops and 200+ Symposiums every year across USA- Europe & Asia with support from 1000 more scientific societies and publishes 400+ Open access journals which contains over 30000 eminent personalities, reputed scientists as editorial board members.
A bio refinery is a facility that integrates biomass conversion processes and equipment to produce fuels, power, heat, and value-added chemicals from biomass. The bio refinery concept is analogous to today's petroleum refinery, which produce multiple fuels and products from petroleum. Renewable Resources for Biorefineries is the work of a strongly interdisciplinary authorship, offering perspectives from biology, chemistry, biochemical engineering, materials science, and industry. The high-value products increase profitability, the high-volume fuel helps meet energy needs, and the power production helps to lower energy costs and reduce greenhouse gas emissions from traditional power plant facilities. Future bio refineries may play a major role in producing chemicals and materials that are traditionally produced from petroleum.
Renewable Biorefineries Summit will provide a unique scientific and technical platform to share the research experiences among the best-available experts and professionals from all over the world. Renewable Biorefineries conferences aim to place a forum with the foremost academic scientists, environmental, young researchers from all over the world. The important structures of this conference are well organized workshops, events and symposia, poster presentations and world class exhibits, panel discussions & interactive sessions, collaborative research opportunities.
We welcome all the participants and contributors to join us at the Renewable Biorefineries Summit and all members of the Organizing Committee look forward to meet you in Seoul, South Korea.