The fastest growing renewable energy sources are PV solar and wind power, for which the cost is dropping significantly every year. However, these energy sources are inherently intermittent in their nature, and not able to provide sufficient power during night/cloudy/winter or low wind conditions. While this can partly be balanced with batteries, such an approach adds costs and also have difficulties tackling longer term periods. Moreover, in some cases PV solar and wind generates so much power that electricity prices de facto becomes negative or near zero.
To counteract the fluctuations and also to provide a higher-value alternative to “giving away electricity for free”, we will in this project use advanced process intensification technologies as well as innovative methods to convert cheap surplus electric RES energy into an energy vector in the form of advanced biofuels.