Emerging Markets Online recently released an algae study that “highlights why some algae companies will be winners and some will be losers bringing their product from pilot to commercial scale from 2011-2020.”
Authored by Will Thurmond, Algae 2000: Vol. 2: Global Biofuels, Drop-In Fuels, Biochems, Markets and Forecasts contains information based on more than 200 interviews with CEOs and key researchers from algae-related companies, universities, research labs, public-private partnerships and collaboratives, and 30 algae industry site visits.
Concluding that fewer than 12 current algae production companies, R&D ventures and public-private partnerships will “graduate into pre-commercial, deploymentstage algae ventures using pond, photo-bioreactor and fermentation based production systems,” the study forecasts that surviving companies “will expand globally and multiply leading to hundreds of projects, markets, products, and co-branded ventures.”
According to Thurmond, key strategies that “algae winners” use to help attract capital and scale are (i) diversifying their fuels “beyond just algae for biodiesel”; (ii) targeting diversified markets on “high-value products including omega 3s, health products, cosmetic, pharmaceutical, and specialty chemical uses, and some midvalue markets like livestock and fish meal, renewable chemicals”; and (iii) bringing R&D labs, universities and public-private partnerships together in “collaborative clusters” to focus on key technology challenges and “market demand-based opportunities.” See 4R Communications Press Release, February 22, 2011; Renewable Energy World, March 29, 2011.