Algae 2020-Vol.2 Highlights
In Texas, Digest columnist Will Thurmond released Algae 2020, Vol. 2 highlighting why some algae companies will be winners and some will be losers bringing their product from pilot to commercial scale from 2011-2020. The report concluded that less than one dozen algae production companies will graduate into pre-commercial, deployment-stage algae ventures using pond, photo-bioreactor and fermentation based production systems.
The study found three key strategies that determine which companies will attract capital and scale up their enterprises while others will be perpetually stuck in the laboratory or garage, many never even scaling up to small, test-pilot phase: strategy #1, “algae long-term winners focus on drop-in fuels and biofuels”; strategy #2, “algae short-term winners target diversified markets”; strategy #3, “algae winners bring together R&D labs, universities and public-private partnerships.”
The study is based on interviews with 200 CEOs and key researchers from algae related companies in person including universities, research labs, public-private partnerships, collaboratives, and large companies and 30 in-person algae site visits.
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