Adopting a Circular Economy: The Biorefinery Concept
by Paul Hudman (Renewable Energy World) … For many governments, part of this shift involves adopting a circular economy approach, utilising all aspects of ‘waste’ throughout the production chain.
The concept of the biorefinery embraces this standard by making use of the entire waste stream, recycling secondary products, valorizing co-products and even producing the very energy with which to power the process itself. Electricity for the facility can be generated through combustion of an unutilized biomass, which can then generate electricity.
The concept mirrors the more traditional operations of petrochemical processing facilities, where crude oil is separated into a range of marketable products across the chemical and fuel value chains.
Government policies around the world are evolving to guide producers towards seeking more sustainable sources of fuel and engaging in more sustainable processes. What’s more, economics is driving the production of high-value chemicals or chemical intermediaries from potentially similar sources. These two outcomes are in no way mutually exclusive, and the commercialization of processes where sustainable fuel and high value products are created together to ensure the maximum economic benefit is already being realised. READ MORE