Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Friday, November 6, 2009

Research and Markets: Algae for Fuel, Algal Oil, Biofuels, Ethanol, Biodiesel and the Future of Petroleum and Green Energy

Reuters
Thu Nov 5, 2009 7:00am EST

DUBLIN--(Business Wire)--
(http://www.researchandmarkets.com/research/4feb7e/algae_for_fuel_al) has
announced the addition of the "Algae For Fuel, Algal Oil, Biofuels, Ethanol,
Biodiesel And The Future Of Petroleum And Green Energy: Global Markets,
Technologies, And Opportunities: 2009-2020 Analysis and Forecasts" report to
their offering.

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.

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