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Transcript of Blomberg _ Investments and Forecasted Production
8/2/2019 Blomberg _ Investments and Forecasted Production
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European Biofuels Technology Platform, 14 September 2011 1/ / / /
/ / / / / / / / / / / / / / / / / / / / / / / / / / / /
BRINGING CAPITAL TOBIOENERGY
TECHNOLOGIES
4TH STAKEHOLDER PLENARY MEETING OF THEEUROPEAN BIOFUELS TECHNOLOGY PLATFORM
14 SEPTEMBER 2011
ROBERTO RODRIGUEZ LABASTIDA
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European Biofuels Technology Platform, 14 September 2011 2/ / / /
CONTENTS
Global bioenergy investment trends
Next-generation biofuels stakeholder survey
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European Biofuels Technology Platform, 14 September 2011 3/ / / /
TOTAL BIOENERGY INVESTMENT BY SECTOR, 2004-10($BN)
Bloomberg New Energy FinanceBloomberg New Energy Finance
BIOFUELS BIOMASS AND WASTE-TO-ENERGY
2004 2005 2006 2007 2008 2009 2010
ASOC EMEA AMER
3
6
9
12
10
12 11
2004 2005 2006 2007 2008 2009 2010
AMER EMEA ASOC
2
6
2223
19
76
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European Biofuels Technology Platform, 14 September 2011 4/ / / /
BIOFUELS INVESTMENT TRENDS, 2004- Q1 2011 ($BN)
Bloomberg New Energy FinanceBloomberg New Energy Finance
ASSET FINANCING FIRST-GENERATION VERSUS NEXT-GENERATION VC/PE INVESTMENT
2
5
17
22
16
65
1
2004 2005 2006 2007 2008 2009 2010 Q1 2011
Diesel subst itu te Gasoline subst itute
Q1 2011
0.04
0.47
1.24
0.97
0.80
0.69
0.080.010.04 0.04
0.220.29
0.90
0.41
0.53
0.22
2004 2005 2006 2007 2008 2009 2010 Q1 2011
First-generation Next-generation Next-generation yearly average
Q1 2011
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European Biofuels Technology Platform, 14 September 2011 5/ / / /
BIOFUELS INSTALLED CAPACITY, 2010- 2014(BILLIONLITRES)
Bloomberg New Energy FinanceBloomberg New Energy Finance
ETHANOL DIESEL SUBSTITUTES
0
20
40
60
80
100
120
140
2010 2011 2012 2013 2014
Asia(Other)
India
China
EU Europe
Americas
(Other)
Brazil
United
States
0
20
40
60
80
100
120
140
2010 2011 2012 2013 2014
Asia (Other)
India
China
EU Europe
Americas (Other)
Brazil
United States
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European Biofuels Technology Platform, 14 September 2011 6/ / / /
NEXT-GENERATION US GOVERNMENT DISBURSEDINVESTMENT 2004-Q1 2011 ($BN)
Bloomberg New Energy Finance
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
1.80
2004 2005 2006 2007 2008 2009 2010 Q1 2011
Gasoline substitute Diesel substitute Cumulative
2004 - 2010Committed $3.1bnDisbursed $1.2bn
0.75
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PUBLIC MARKETS INVESTMENT IN BIOCHEMICALTECHNOLOGIES, 2004-Q1 2011 ($M)
Bloomberg New Energy Finance
78.0
9.8 34 15 25
23
100
54
54
97.5
107.3
597.8
0
60
120
180
240
300
360420
480
540
600
0
20
40
60
80
100
120140
160
180
200
2004 2005 2006 2007 2008 2009 2010 Q1 2011Advanced biochemical Acid hydrolysisEnzymatic hydrolysis Biobutanol fermentationCumulative investment
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European Biofuels Technology Platform, 14 September 2011 8/ / / /
PUBLIC MARKETS INVESTMENT IN THERMOCHEMICALTECHNOLOGIES, 2004-Q1 2011 ($M)
Bloomberg New Energy Finance
33.1 39.9
160.1
53.841.4
35.2
7.6
4.7
2.6
378.36
0
60
120
180
240
300
360
420
480
540
600
0
20
40
60
80
100
120
140
160
180
200
2004 2005 2006 2007 2008 2009 2010 Q1 2011
Gasification – fermentation PyrolysisGasification – FT synthesis HydrotreatmentCumulative investment
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European Biofuels Technology Platform, 14 September 2011 9/ / / /
CONTENTS
Global bioenergy investment trends
Next-generation biofuels stakeholder survey
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European Biofuels Technology Platform, 14 September 2011 10/ / / /
BIOPRODUCT INDUSTRY DEVELOPMENT, 2000-2030
Bloomberg New Energy Finance
2000 2020 20302010
Finance gap
NEXT-GENERATION ETHANOL
BIOCHEMICAL PRODUCTION
FIRST-GENERATION BIOFUELS PRODUCTION
BIOPOWER PRODUCTION
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European Biofuels Technology Platform, 14 September 2011 11/ / / /
Bloomberg New Energy Finance
WHY IS THE NEXT-GENERATION BIOFUEL INDUSTRYATTRACTIVE?
Answers Decouplesfrom food
chain
Existingmandates
Growthpotential
Loweremissions
Ready toscale
Developers
Oil majors
Financialcommunity
Total
Note: no impact, mi nimal impact, medium impact, major impact, sign ifi cant impact
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Bloomberg New Energy Finance
WHAT ARE THE INDUSTRY BARRIERS?
Answers Technologyinconsistency
Weakpolicy
High capitalcosts
Riskmitigation
Productioneconomics
Offtakeagreements
Feedstocklogistics
Developers
Oil majors
Financialcommunity
Total
Note: no impact, minimal impact, medium impact, major impact, signifi cant impact
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European Biofuels Technology Platform, 14 September 2011 13/ / / /
WHAT ARE THE VALUE CHAIN DEVELOPMENTALPRIORITIES?
Bloomberg New Energy Finance
Commercialscale
• 50%
Technicalbarriers
• 33%
Residueslogistics
• 17%
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European Biofuels Technology Platform, 14 September 2011 14/ / / /
POLICY REQUIRED
Bloomberg New Energy Finance
28%
18%
18%
18%
18%Next-generation mandate
No changes required
Long term stability
Scale adjusted subisidies
Government grants
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COPYRIGHT AND DISCLAIMER
This publication is the copyright of Bloomberg New Energy Finance. No portion of this document may be
photocopied, reproduced, scanned into an electronic system or transmitted, forwarded or distributed in any
way without prior consent of Bloomberg New Energy Finance.
The information contained in this publication is derived from carefully selected public sources we believe are
reasonable. We do not guarantee its accuracy or completeness and nothing in this document shall be
construed to be a representation of such a guarantee. Any opinions expressed reflect the current judgment of
the author of the relevant article or features, and does not necessarily reflect the opinion of Bloomberg New
Energy Finance. The opinions presented are subject to change without notice. Bloomberg New Energy
Finance accepts no responsibility for any liability arising from use of this document or its contents. Bloomberg
New Energy Finance does not consider itself to undertake Regulated Activities as defined in Section 22 of the
Financial Services and Markets Act 2000 and is not registered with the Financial Services Authority of the UK.
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