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This paper presents a novel method to estimate the future biomass energy potential in countries with domestic markets unable to influence international markets. As a study case, the biomass energy potential in Colombia is estimated for the period 2010-2030.The prediction model is a scenario-based optimization algorithm that maximizes the yearly profit of locally producing and importing commodities in a country subject to certain constraints (domestic demand, limited area, etc.) as well as to demographic, macroeconomic and market data (e.g. domestic and international prices of commodities). The bioenergy potential associated to the production of commodities is calculated according to a methodology presented by the same authors. In order to provide a modeling framework consistent with other state-of-the-art projections, global scenarios for analysis are selected from the literature rather than formulated. Selected global scenarios highlight the influence of global biofuel use on agricultural prices, production and demand.Results predict a theoretical bioenergy potential in Colombia 56% to 69% larger in 2030 than in 2010 (1.31 -1.41 EJ). A sensitivity analysis shows that while a higher global biofuel use lead to a higher local bioenergy potential, its influence is less pronounced than that of agricultural yields, demand and specific energy of biomass resources.

The transition to a sustainable bio‐based economy is perceived as a valid path towards low‐carbon development for emerging economies that have rich biomass resources. In the case of Colombia, the role of biomass has been tackled through qualitative roadmaps and regional climate policy assessments. However, neither of these approaches has addressed the complexity of the bio‐based economy systematically in the wider context of emission mitigation and energy and chemicals supply. In response to this limitation, we extended a bottom‐up energy system optimization model by adding a comprehensive database of novel bio‐based value chains. We included advanced road and aviation biofuels, (bio)chemicals, bioenergy with carbon capture and storage (BECCS), and integrated biorefinery configurations. A scenario analysis was conducted for the period 2015–2050, which reflected uncertainties in the capacity for technological learning, climate policy ambitions, and land availability for energy crops. Our results indicate that biomass can play an important, even if variable, role in supplying 315–760 PJ/y of modern bio‐based products. In pursuit of a deep decarbonization trajectory, the large‐scale mobilization of biomass resources can reduce the cost of the energy system by up to 11 billion $/year, the marginal abatement cost by 62%, and the potential reliance on imports of oil and chemicals in the future. The mitigation potential of BECCS can reach 24–29% of the cumulative avoided emissions between 2015 and 2050. The proposed system analysis framework can provide detailed quantitative information on the role of biomass in low carbon development of emerging economies. © 2020 The Authors. Biofuels, Bioproducts, and Biorefining published by Society of Chemical Industry and John Wiley & Sons, Ltd

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