Innovation Anthology #519:

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It begins with tiny steps, but biomass may soon compete with coal and oil as sources of energy and chemical feedstocks.

Steve Price is the man in charge of advancing Alberta’s bio economy with Alberta Innovates Bio Solutions. As he explains, we cannot miss this global movement.

STEVE PRICE: If we look to Europe, no, we’re not quite at the same stage as Europe, but we’re not far behind. One of the problems that Europe is going to encounter is that they don’t have enough biomass to continue to produce all of the various chemicals and uses that they are currently engaged in. They are on a quest for biomass. The goal for us is to ensure that we don’t simply give biomass away to the Europeans. But rather encourage them to build new facilities, create new economic opportunity, new jobs in the bio economy here in Alberta.

Steve Price says biomass is also the source of nano crystalline cellulose, a plant material that can enhance oil recovery and strengthen aircraft materials.

Thanks today to ALBERTA INNOVATES BIO SOLUTIONS

I’M CHERYL CROUCHER

Guest

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Sponsor

Alberta Innovates Bio Solutions

The Alberta Innovates consolidation launched on November 1, 2016.

As part of the Alberta Innovates system, AI Bio Solutions invests in research and innovation to grow prosperity in Alberta’s agriculture, food and forestry sectors. The publicly funded board-governed corporation works with partners to identify, coordinate and fund research projects. AI Bio Solutions helps solve industry challenges with solutions that deliver economic, environmental and social benefits.

Program Date: 2012-12-11