DELIVERING COST-COMPETITIVE AND EFFICIENT RENEWABLE FUELS AND BIOENERGY IN EUROPE
SET4BIO is a collaborative Horizon 2020 project to support the implementation of the SET Plan Action 8 – Renewable Fuels and Bioenergy.
SET4BIO will bring together private and public actors in a joint effort to mobilize the resources and to stimulate the investments for the deployment of bioenergy and renewable fuels at large scale in Europe.
SET4BIO aims at making a step change in the build-up of a cost-competitive bioenergy and renewable fuels market in Europe and globally, as foreseen by the Energy Union and by the Integrated Strategic Energy Technology (SET) Plan, endorsed by EU Member States and SET Plan Associated Countries.
What are the SET Plan and the Implementation Plan of Action 8?
AN IMPACTFUL STRATEGY
The strategy of SET4BIO is designed around three pillars: activating the stakeholders, mobilizing resources and stimulating innovation.
- INDUSTRIES AND MEMBER STATES INVOLVED TOGETHER
To achieve the targets foreseen in the Implementation Plan of Action 8, SET4BIO pursues the direct involvement of both industrial stakeholders and the Member States representatives. In cooperation with ETIP Bioenergy which acts as an anchoring point, SET4BIO supports the Implementation Working Group of Action 8 (IWG 8) by acting as a competence centre, engaging with its stakeholders through a participatory approach, and promoting best practices for the development and the scale-up of bioenergy and renewable fuels technologies. - FINANCING ROADMAPS AND FUNDING INSTRUMENTS
The project aims at outlining a roadmap to fund and finance the bioenergy and renewable fuels projects foreseen in the Implementation Plan of Action 8. All the available instruments from both the public and private sector will be identified. All the available financing instruments for this purpose will be identified and mobilized by activating and coordinating private and public actors, in addition to Member States and the European Union, putting together the resources in a concerted effort. - INNOVATION CHALLENGES
SET4BIO will launch Innovation Challenges for getting hold of new business models, technologies and processes supporting the decarbonization of the European transport sector through renewable fuels and bioenergy. Brokerage events and additional initiatives will also be organized to bridge the gap between R&I results and industry application in SET Plan countries and globally. Policy recommendations will be collected and inputs will be shared to a broad public of experts and citizens.
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The SET4BIO project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 884524 |