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Algae Fuels: Emerging Opportunities for Indian Entrepreneurs
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Algae Fuels: Emerging Opportunities for Indian Entrepreneurs
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Biofuels are fuels
that are derived from organic biomass, rather than minerals
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Familiar feedstocks
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Scalable to production
capacities
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Low land-use efficiency
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More efficient and
environmentally friendly
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Less farmland is
required
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not directly affecting
the human food chain
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grown in places
that are not suitable foragriculture
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Established
in 1977
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The first
major research on algae technology at MCRC was on Spirulina
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PetroAlgae has signed
an MOU to license its proprietary technology for producing and harvesting algae for fuel to Indian Oil
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StatoilHydro and India's
leading oil company ONGC have signed an MOU
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Algae biofuel production
holds future promise for developing countries.
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More jobs
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Energy independence
Notas del editor
Devoloping countries taking larger share.. (india, china), video (inconvenient truth)
Although there are alternatives, they dun satisfy transportation needs….
Biofuels (ethanol, etc…)
Introduction to algae fuels
Few companies
Breakthroughs (yield & cost)
Biofuel mandates, economics (growth, investments, cost)
Developing countries are often situated in regions which are geographically interesting for algae cultivation (favourable climatic conditions, cheap labour and underdeveloped land)
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