Dec 21, 2008

The New Green – Algae Biofuels??

Every now and then when the world is faced with a resource-wringing problem, there emerges a light at the end of the tunnel. There emerges this wonder-solution that can be the cure for all our itches ills bio-fuel_530(actually whichever’s appropriate)!! The latest talk of the town in this regard is the potential of Algae as the next big thing in the biofuel sector. I have been watching this for just over a week now and its become one of those - “Why did I not know about this earlier??” things you come across. Well I am glad that I came to know about it now. I will have to keep a watch on this thing (too hot to miss)!!

I did a search for “Algae Biofuels” and while I was looking through, I wondered how many others had searched for the same. Presto!! The “Search Trend” results are very interesting. Apparently significant interest has been generated well into mid-2007. There are two significant things to note from this.

  • Firstly, interest in algae biofuel is peaking right now. I expect it to grow. I strongly feel that the number of startups will grow significantly enough to stir the interest of the governments. This will be a welcome trend.

    BioFuel_Trends

  • Secondly, the distribution of these search trends is very interesting as well. The top searches came from New Zealand – well frankly I was expecting Australia to be in the loop as well. These two nations have the maximum exposure to ideal conditions for algae growth. Second largest number of searches – very surprisingly were from India. And third in the list was the United States.

Surprisingly not other nations that are trying to be environmentally responsible like UK and Australia are way low in the list. I wonder when this movement will start impacting the world. Hopefully sometime in the near future the required infrastructure will be in place to bring out the full potential of this new prospective biofuel.

The impact that a new cheap biofuel like this (around $10 a barrel in mass production) will be significant in reducing supply chain costs. Especially considering the fact that transportation costs form a significant portion of the global supply chain costs.

Dec 21, 2008

The New Green – Algae Biofuels??

Every now and then when the world is faced with a resource-wringing problem, there emerges a light at the end of the tunnel. There emerges this wonder-solution that can be the cure for all our itches ills bio-fuel_530(actually whichever’s appropriate)!! The latest talk of the town in this regard is the potential of Algae as the next big thing in the biofuel sector. I have been watching this for just over a week now and its become one of those - “Why did I not know about this earlier??” things you come across. Well I am glad that I came to know about it now. I will have to keep a watch on this thing (too hot to miss)!!

I did a search for “Algae Biofuels” and while I was looking through, I wondered how many others had searched for the same. Presto!! The “Search Trend” results are very interesting. Apparently significant interest has been generated well into mid-2007. There are two significant things to note from this.

  • Firstly, interest in algae biofuel is peaking right now. I expect it to grow. I strongly feel that the number of startups will grow significantly enough to stir the interest of the governments. This will be a welcome trend.

    BioFuel_Trends

  • Secondly, the distribution of these search trends is very interesting as well. The top searches came from New Zealand – well frankly I was expecting Australia to be in the loop as well. These two nations have the maximum exposure to ideal conditions for algae growth. Second largest number of searches – very surprisingly were from India. And third in the list was the United States.

Surprisingly not other nations that are trying to be environmentally responsible like UK and Australia are way low in the list. I wonder when this movement will start impacting the world. Hopefully sometime in the near future the required infrastructure will be in place to bring out the full potential of this new prospective biofuel.

The impact that a new cheap biofuel like this (around $10 a barrel in mass production) will be significant in reducing supply chain costs. Especially considering the fact that transportation costs form a significant portion of the global supply chain costs.