Algae – $1.9 Trillion Opportunity

Turning  algae into fuel, i.e. algal oil, on a commercial scale, could become one of the most significant technological and economic events of the early 21st century. 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.

Since algal oil offers a direct potential replacement for petroleum and plant-derived oils, the market opportunity is tremendous.

This is according to a recent report from Amadee+Company: Algae For Fuel, Algal Oil, Biofuels, Biodiesel, Ethanol And The Future Of Petroleum And Green Energy: Global Markets, Technologies, And Opportunities: 2009-2020 Analysis and Forecasts.

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