WEBVTT 1 00:00:00.063 --> 00:00:02.646 (bright music) 2 00:00:05.340 --> 00:00:08.190 BioCirc is a green energy scale-up that has grown 3 00:00:08.190 --> 00:00:11.310 line:15% to become one of the largest biogas producers in the world 4 00:00:11.310 --> 00:00:13.680 line:15% and has done so in just over two years. 5 00:00:13.680 --> 00:00:16.980 I'm here to speak with Bertel Maigaard, the founder and CEO, 6 00:00:16.980 --> 00:00:19.950 around his vision for how to meet the energy demands 7 00:00:19.950 --> 00:00:22.260 of local communities with green energy, 8 00:00:22.260 --> 00:00:23.093 so follow me. 9 00:00:24.003 --> 00:00:27.131 (bright music) 10 00:00:27.131 --> 00:00:28.323 Hi, Bertel. Hi, Mads. 11 00:00:28.323 --> 00:00:29.760 Good to see you. Good to see you. 12 00:00:29.760 --> 00:00:32.510 We're happy to spend the day with you here at Vinkel. 13 00:00:34.620 --> 00:00:37.950 The vision of BioCirc is to be a best-in-class developer, 14 00:00:37.950 --> 00:00:40.350 owner and operator of green energy clusters, 15 00:00:40.350 --> 00:00:43.320 line:15% displacing the use of fossil energy locally. 16 00:00:43.320 --> 00:00:45.720 We are a fully circular bioeconomic company 17 00:00:45.720 --> 00:00:48.390 that abates CO2 emissions by producing green energy 18 00:00:48.390 --> 00:00:52.020 in the form of gas, fuel, electricity and heat. 19 00:00:52.020 --> 00:00:54.300 We do that by converting biological waste 20 00:00:54.300 --> 00:00:56.673 from food or animal waste into biogas. 21 00:00:57.720 --> 00:00:59.550 With the eight biogas facilities, 22 00:00:59.550 --> 00:01:03.000 we today produce around two terawatt-hours per year 23 00:01:03.000 --> 00:01:06.240 that correspond to more than 430,000 households' 24 00:01:06.240 --> 00:01:08.700 electricity consumption in Denmark. 25 00:01:08.700 --> 00:01:10.740 The vision we are pursuing is to develop 26 00:01:10.740 --> 00:01:13.470 and operate truly circular green energy clusters, 27 00:01:13.470 --> 00:01:15.090 allowing local communities 28 00:01:15.090 --> 00:01:17.460 to decarbonize across all energy forms. 29 00:01:17.460 --> 00:01:19.650 The clusters form around a biogas plant 30 00:01:19.650 --> 00:01:21.570 and can take the green energy produced 31 00:01:21.570 --> 00:01:23.220 and use it to meet a whole range 32 00:01:23.220 --> 00:01:25.260 of different needs within the community, 33 00:01:25.260 --> 00:01:27.180 so the biogas is an enabler 34 00:01:27.180 --> 00:01:28.893 line:15% for a whole new system of energy. 35 00:01:29.940 --> 00:01:32.850 We offer a one-stop shop solution for local communities, 36 00:01:32.850 --> 00:01:36.060 making it easier for them to reach their net zero targets. 37 00:01:36.060 --> 00:01:38.130 We are aiming to increase our capacity 38 00:01:38.130 --> 00:01:40.143 by tenfold until 2030. 39 00:01:41.460 --> 00:01:44.310 I think it's inspiring to work with local communities, 40 00:01:44.310 --> 00:01:46.200 reaching their net zero targets. 41 00:01:46.200 --> 00:01:48.417 Let's take Viborg municipality, for example. 42 00:01:48.417 --> 00:01:52.320 100,000 citizens reaching net zero before 2030? 43 00:01:52.320 --> 00:01:55.530 That's really inspiring to work with, but I also believe 44 00:01:55.530 --> 00:01:57.780 that chapter two will be even more inspiring, 45 00:01:57.780 --> 00:02:00.600 taking these local solutions in Denmark 46 00:02:00.600 --> 00:02:02.900 and scaling them out to the rest of the world. 47 00:02:04.110 --> 00:02:06.840 Boston Consulting Group has been a valuable partner 48 00:02:06.840 --> 00:02:09.960 for BioCirc realizing the ideas, the vision, 49 00:02:09.960 --> 00:02:12.540 the mission I had for the company initially, 50 00:02:12.540 --> 00:02:15.060 but that also means that Boston Consulting Group went 51 00:02:15.060 --> 00:02:17.070 from working with a startup business 52 00:02:17.070 --> 00:02:20.343 to now working with a leading green energy company. 53 00:02:22.380 --> 00:02:25.260 Working with startups and scale-ups is always exciting, 54 00:02:25.260 --> 00:02:27.570 and that's been particularly true with BioCirc 55 00:02:27.570 --> 00:02:30.690 due to its rapid growth and innovative business model. 56 00:02:30.690 --> 00:02:33.240 As the world works together to accelerate green solutions, 57 00:02:33.240 --> 00:02:35.820 we'll need businesses of all shapes and sizes, 58 00:02:35.820 --> 00:02:38.970 and it's been our privilege as BCG to partner with BioCirc 59 00:02:38.970 --> 00:02:42.000 to scale a business that solves a fundamental problem. 60 00:02:42.000 --> 00:02:44.280 At BCG, we are committed to working 61 00:02:44.280 --> 00:02:47.515 with the winners of tomorrow, building a better future. 62 00:02:47.515 --> 00:02:50.348 (uplifting music)