In 2013, bioeconomy in Italy has shown a production potential amounting to 244 billion euro, equal to 7.9% of the total value of national production, employing approximately 1.5 million people. Italy – only country among EU5 still without a National strategy on bioeconomy – is in third position. Germany is first with a production worth €343 billion and France second with €295 billion. Spain is fourth (€219 billion) followed by the UK (€170 billion). In these five countries, the bioeconomy is worth €1.27 trillion and employs 7 million people.
The Intesa Sanpaolo Research Department (Intesa Sanpaolo is one of the major banking group in Europe) and Assobiotec presented their second report dedicated to bioeconomy, which, in line with the definition of the European Commission, was defined as the set of activities using renewable natural resources to produce goods and energy, generating great advantages in terms of sustainability.
Virent was chosen to participate in the initial Rolls-Royce Laboratory Test program, and was then selected by Rolls-Royce to proceed to the more advanced Rig Testing portion of the program. Virent’s SAK fuel blend met all test requirements and the report concluded that the fuel “…offers the potential to be [a] drop-in fuel and hence achieve approval for use for the aviation industry”.
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IL BIOECONOMISTA 