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Australian Trade Commission will participate in the Second Matchmaking ”Business Opportunities in Bioenergy” to find organizations interested in exploring technology, commercial and development project opportunities  in Australia. Australian Trade Commission will offer information and assistance to companies considering establishing operations in Australia.

Bioenergy resources are located across all the states of Australia,  with most regions engaged in agriculture, forestry and food production producing substantial waste biomass that could be used to support power production. Australia has an abundance of sustainable biomass resources that are currently underused.

A recent study of biomass resources, suggested generation capacity could quadruple for the following reasons:

• Need to alleviate peak electricity demand and investment in grid infrastructure upgrades

• Community awareness of the importance of energy efficient and low emissions energy generation technologies

• Strong and rapidly growing research and development teams in government, universities and industry, connected with international institutes and companies

The Australian Government’s A$1.8 billion Research and Development (R&D) Tax Creditwas passed by the Parliament on 24 August, ushering in a new era for investment and innovation. The two core components of the Credit are a 45 per cent refundable R&D Tax Credit for small firms with turnover of less than A$20 million and a 40 per cent non-refundable R&D Tax Credit for all other firms.

The objective is to provide an attractive environment for foreign investors to establish research activities and partnerships in Australia.

Matchmaking

This event, organized by AVEBIOM, provides an international scenario for Companies and Research Organizations interested in holding bilateral meetings aimed at reaching commercial, technical or financial agreements.

So far registrations include technological organizations (technology centers, offices, technology companies) and companies across the value chain of bio-energy sector (energy crops, forestry, liquid and solid biofuels, combustion equipment, thermal energy production plants, CHP, turnkey installations, power sales, etc.) from Spain, Australia, Estonia, Denmark, Finland and Colombia.

In the 2010 edition, over 140 bilateral meetings were held and the satisfaction percentage among participants was very high.

On October the 19th Valladolid will hold the II International Matchmaking Event, ”Business opportunities in Bioenergy”, in the frame of the 6th Bioenergy International Congress (October 18-20th), the Biomass Technical Seminar of the Renewable Heating & Cooling - European Technology Platform(RHC-ETP), the making of the document entitled “How to generate employment at no cost for the administration” and the 6^th edition of EXPOBIOENERGÍA Technological Trade Fair.