Bioenergy is a key element of bioeconomy, which plays a central role in the shift towards truly sustainable society. Although bioenergy (=energy derived from biological sources) is the oldest known source of consumer energy, it is not outdated – bioenergy can be considered as one essential element in the future sustainable energy system. It has great potential in helping mitigate climate change, meet the growing global demand for energy in a sustainable way and promote local energy self-sufficiency. Its future possibilities are vast, but seizing them also poses several new challenges: new competences are required for example in learning how to supply and utilize different biomasses cost-effectively, create winning solutions for different markets or design bioenergy solutions for large urban areas. The business environment is also changing faster than ever, and new operating models and networks are needed to succeed in the increasingly complex environment.