Abstract
This research provides an overview on what could become one of the most
significant technological and economic events of the early 21st century:
turning algae into fuel, i.e. algal oil, on a commercial scale. If this feat
is accomplished, and it' s not certain it will be, it will have dramatic,
disruptive consequences to oil producers, oil refiners, ethanol, biodiesel and
other biofuels producers, biotechnology companies, agricultural producers,
consumers, motor vehicle makers, regulators, R&D activities and investors,
among others.
However, from this change will come enormous opportunities, including less
dependence on petroleum oil, more geopolitical independence, reductions in CO2
and global warming, technological advancements, very large, new industries and
markets, and huge profits.
The report provides a review of algae in terms of biology, classifications,
photosynthesis and applications and discusses algae for fuel in terms of its
history, applications, cultivation technologies and R&D. Analysis of the algal
oil market in terms of its advantages, challenges, production costs, scale-up,
market opportunity and sector investments is given. The biofuels market in
terms of technology generations, market drivers, industry consolidation, next
generation technologies, fuel standards, winners/losers, government policies,
the oil majors, capital costs and future outlook is discussed. An analysis of
the biodiesel market as regards production technology, end use, global
production, addressable market, feedstocks, market conditions, environmental
controversies, jatropha oil and major players is given. An analysis of the
ethanol market in terms of first, second and third generation technologies,
food vs. fuel, global production, risks and opportunities, government
incentives and major players is provided. Profiles of 56 major players in the
algal oil market are given and 175 biofuels, ethanol and biodiesel companies
and organizations are discussed.
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