VTT wins European innovation prize for a new bio-oil production technique
VTT Technical Research Centre of Finland along with the energy company Fortum, engineering company Metso and forestry company UPM has developed a technique that enables the cogeneration of heating energy and bio-oil in the same power plant cost-effectively and sustainably. VTT’s technique is based on combining pyrolysis and fluidised bed technology. Thanks to the new technique, bio-oil production volumes can be expected to increase considerably in the next few decades. VTT received an innovation award for the new technology. The award was distributed in December by the European Association