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Follow on Google News | Support of Algae Biofuels as Viable Source of Green Energy Gains MomentumThe predominance of the U.S. market for algae biofuels technology is due to government research investment and the corporate pursuit of pilot and demonstration-scale projects in the U.S., where many investors and business partners currently exist.
By: SBI Energy “Algae can be cultivated and harvested in support of a wide array of biofuel products. In addition, algae biofuels systems hold promise to enable rapid production of high quality, high throughput biofuels systems in support of carbon emissions reductions targets, and in support of clean fuel production,” At its current stage, the algae biofuels industry is primarily pursuing pilot and demonstration- The major factors for algae biofuels technology market growth include trends in the prices and commodity markets for fossil fuels, regulatory support and incentives available to the algae biofuels industry for industry growth, growing investment in the algae biofuels industry, and contemporary industry activity focused on reducing the operational and capital costs associated with algae biofuels production. The high market growth projected for algae cultivation systems is based upon the growing volume of pilot, demonstration- Algae Biofuels Production Technologies Worldwide distinguishes fact from hype by examining the market for algae biofuels production technologies according to subsets of production technologies: # # # About SBI Energy SBI Energy, a division of MarketResearch.com, publishes research reports in the industrial, energy, building/construction, and automotive/transportation markets. SBI Energy also offers a full range of custom research services. To learn more, visit www.sbireports.com. Follow us on LinkedIn and Twitter. Please direct all inquires to: Shelley Carr (240) 747-3047 scarr@sbireports.com End
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