Businesses will be able to bid on bio-based feedstocks, like food waste, oils, agri-residues, and whisky by-products, along with forestry by-products and brewery waste, with target buyers using these as green alternatives to petrochemicals for energy, biofuels, chemicals, and pharma.<\/p>\n
There have already been signs of interest, with Vaste in talks with industrial buyers who intend to use the tool to procure several thousand tonnes of cooking oils and waste potatoes for biofuel plants.<\/p>\n According to the Industrial Biotechnology Innovation Centre (IBioIC), which provided funding for the project, there is currently no other system that can connect businesses producing these residues with buyers who can turn those materials into high-value, sustainable products.<\/p>\n The platform will also offer real-time market insights, data analytics, and automated compliance tools, helping buyers and sellers digitise key data, from carbon footprint tracking to sustainability reporting.<\/p>\n \u201cVaste\u2019s platform has the potential to become a core element of how the bioeconomy in Scotland, and the rest of the UK, develops in the years to come,\u201d said Kim Cameron, senior business engagement manager at IBioIC.<\/p>\n \u201cAccess to market insights and the ability to reliably procure feedstocks will provide companies with an additional level of confidence to invest in bio-based products and processes, as well as reassurance that the supply chain exists to support their business model.\u201d<\/p>\n Bioenergy and energy from waste accounted for 8.1% of all renewable electricity generated in Scotland in 2019, amounting to 2,472 GWh, with the Scottish Government predicting<\/a> that the use of domestic resources for bioenergy has the potential to more than double from 6.7 TWh per year to 14 TWh per year by 2030.\u00a0<\/p>\n![\"DIGIT](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/1760003060_252_4.jpg\")
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