Less Than 3% of Total Fossil Fuels Will Be Replaced by Traditional Biofuels by 2014


Source: Marketwire

ROCKVILLE, MD -- (Marketwire) -- 07/19/11 -- has announced the addition of the new report 'Comprehensive Oilgae Report,' to their collection of Alternative Sources market reports. For more information, visit

Deriving transport fuels from algae, a third generation biofuel feedstock, is today considered the Holy Grail of alternative energy, and presents numerous business opportunities. If you are an entrepreneur or investor exploring this exciting domain, the Comprehensive Oilgae Report will be an indispensable guide for you.

It is estimated that by 2014, less than 3% of total fossil fuels will be replaced by biofuels from traditional sources. Even this small % represents a market size of over $100 billion. Algae have the potential to replace a much larger percentage of fossil transportation fuel than can traditional feedstock. This implies that fuel from algae represents a market that is worth hundreds of billions of dollars.

This report has a special focus on certain unique areas in algae energy which are known to have huge commercial benefits. Some of the top companies benefitted from the Oilgae comprehensive report include Exxon Mobil, Lafarge, ABLE, Shell, AT Kearney, Reliance, BP, Mitsubishi, Boston consulting group, Bill Gates, Marubeni, Scott Madden, Saudi Aramco, Frontier Drilling, Linde gas.

The report provides comprehensive knowledge and understanding on:

  • Complete list of energy products from algae
  • What the leading players are doing
  • Costs and investments required for the various products and processes
  • How to plan the next steps for your algae fuel venture
  • Various cultivation and harvesting methods
  • Trends in external financing for algae projects

For more information, visit

About is the leading provider of global market intelligence products and services. With over 300,000 research reports from more than 700 top consulting and advisory firms, offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. For more information, call Veronica Franco at 240-747-3016 or visit

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