In order for Sweden to be able to restructure the energy system and reach the target of zero net emissions by 2045, a significantly increased use of biofuels is necessary. Digitization of the biofuel market can contribute to an increased rate of change, but for digital commerce to be successful, safety aspects must be carefully investigated.
This issue will be investigated by the new project called Secure information flows with a digital platform for trading in biofuels . The project will also look at whether blockchains can be used to meet users' demands for safety, traceability and integrity in digitalised trade in biofuels in Sweden.
- This project is based on an idea for an efficient and transparent biofuel market where trade is digitized with high safety requirements that are handled with the help of digital technologies, says Michael Nilsson, project manager at the Center for Distance Bridging Technology, CDT, at Luleå University of Technology.
A digital platform, developed for trading in pellets and chips, is already available today via Lithuanian Baltpool, which is also a party to the project. By giving Swedish players access to Baltpool's platform during the project, they get a unique opportunity to analyze what security aspects they require in practice for digital commerce to function optimally in their operations.
- The project is an opportunity for researchers at Luleå University of Technology, Department of Systems and Space Technology, Johan Wenngren and Martin Lundgren, to be able to practically evaluate technologies for collaborations via digital networks and computer platforms and with the help of companies in the project investigate whether blockchains can be used to increase the traceability of the products and thus the users' demands for trust, security and integrity, concludes Michael Nilsson.
Partners and participants
Svebio has project management and is responsible together with Luleå University of Technology, Skogforsk and Baltpool for the implementation.
- Svebio is a commercial environmental organization for companies and individuals. We are strongly grounded in our values. We believe in renewable energy, entrepreneurship and a free market economy
- Skogforsk is the Swedish forestry research institute, funded by the forest industry and the state.
- Luleå University of Technology is in strong growth with world-leading competence in several research areas. Our research is conducted in close collaboration with companies such as Bosch, Ericsson, Scania, LKAB, SKF and leading international universities.
- Baltpool is a biomass exchange, operating in Lithuania, Latvia and Estonia, Poland and via partners - in Denmark and Finland, that currently has 452 members
Participating companies are both buying and selling companies in the market.