Periodic Reporting for period 1 - UBI (Biological Integral Biogas Upgrading)
Reporting period: 2019-12-01 to 2020-04-30
Technologies contributing to reduce the biogas upgrading costs at small scale (< 200 Nm3/h) hold the potential to unlock a whole new market for distributed biomethane production, mainly in the livestock farming sector. This will entail substantial environmental benefits while at the same time contributing to the sustainable development of rural and isolated areas promoting innovation and employment.
The objective of this project is producing a solid feasibility study covering all the aspects required prior to market launch was performed: detailed analysis of the technical development needed, in-depth commercial feasibility study including a detailed market assessment; and a thorough financial plan covering all the following stages to bring UBI to the market.
- Technical progress: a lab scale prototype for UBI was built and optimized, obtaining the main operational parameters and demonstrating the concept and preliminary costs with positive results. Basic engineering design for a pre commercial pilot was developed with our engineering partner.
- Business plan: a complete business plan was produced, including technical development needs, IP strategy, freedom to operate and financial plan. Important needs were identified for team growth and a new plan was developed to incorporate new essential profiles to the team.
- Commercial development: different companies have been contacted and shown interest in supporting the UBI technology in 3 main groups: private investors, potential future clients and potential commercial partners and distributors.
- Dissemination: the EU logo and SME support was featured at Trovant’s website and the EU support was highlighted in blog posts, social media and newspaper interviews.
In terms of market, Europe leads the development of biogas and biomethane technologies and market: In 2018 (most recent data available) the number of biogas plants in Europe was 18,202 while the number of upgrading plants reached 660. This makes the EU a perfect market for the launch of the UBI technology.
Trovant Technology has decided to further pursue this project and we are already working on securing a mix of public funding and private investment to develop the next stages in our business plan including the first pre-commercial pilot.