maize processing industry

Project

Social Embedding of a Biobased Society - International scope (MAGNET model)

Focus of this project is on the improvement of economic tools and methods to assess the macro-economic impacts of new advanced biorefinery options. Tools should be able to assess the contribution of these new technologies in terms of Gross Domestic Product, sectoral value added, employment and the trade balance.

To enable this assessment the treatment and representation of the chemical and electricity sectors and their linkage with the agricultural sectors should be enhanced in the economic modelling framework.

Goal of this project is to include new biobased economy flows in a computer model, MAGNET. For that reason, we intend to link technical potentials of biobased options and the biorefinery with economic figures. Expected output of the proposed advanced  MAGNET model is a  computer tool, that  contains an option to define and to run scenarios.

Activities

The duration of this project is from 2011 until 2015.

Activities in this project in 2011 are:

  • Further improvement of economic tools and methods to assess the macro-economic impacts of new advanced biorefinery options
  • Develop economic modelling framework with chemical, electricity and agricultural sectors.

Results

Expected outputs are:

  • MAGNET model that will include new biobased economy flows, e.g. the representation of the biorefinery  
  • Operational computer model, which is capable to run scenarios
  • Reports.