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Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020

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billion by 2020. While barely a drop in the bucket for biofuels, Pike says, this represents a compound annual growth rate (CAGR) of 72%, roughly on par with early development in the biodiesel industry. The industry has been both bolstered and hurt by scale-up claims derived from ideal laboratory conditions.

2020 319
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Anderman report sees strongest growth for full-hybrid systems; Li-ion batteries for hybrids may be in short supply

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of total vehicle sales by 2020, the more significant story is the rapid expansion of strong-hybrid vehicles led by Toyota, Ford, and Honda, followed by Hyundai, Nissan and others. The current market share in Japan already exceeds 20%, and the world market share is estimated to exceed 5% by 2020. billion in 2020.

Li-ion 265
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Report Finds That Biomass-Derived Ethanol in Europe Could Replace Up to 62% of Gasoline Consumption

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Transforming agricultural residues into next-generation ethanol and biochemicals could create up to one million jobs in the EU27 by 2020, while theoretically replacing up to 62% of the EU’s forecast fossil-based gasoline consumption, according to a new study released by Bloomberg New Energy Finance with the support of Novozymes and DSM.

Gasoline 253
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IBM Global Trucking Study Finds Fuel Efficiency, High-Tech Features More Important than Brand Name

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Most important external forces impacting the trucking industry today versus 2020. Source: Truck 2020. IBM released the findings of a new global study which shows that trucks will become more fuel efficient, environmentally sound and safer due to the adoption of new technologies throughout the vehicle. Click to enlarge.

Global 186
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COFCO, Sinopec and Novozymes to Build Cellulosic Biofuel Demonstration Facility in China by 2011

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As part of the agreement, COFCO and Sinopec will build a cellulosic ethanol demonstration plant for which Novozymes will supply the enzymes. In February, Novozymes launched new Cellic CTec2, an enzyme product enabling the biofuel industry to produce cellulosic ethanol at a price competitive with gasoline and conventional ethanol.

China 199
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Study Finds That Clean Cars and Climate Policy Can Create Jobs

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The study offers two main insights on the nature of clean energy jobs in the automobile sector: First, the paper documents that saving oil will directly create good jobs by driving demand for specific additional manufactured components. By 2020, the US job gain relative to 2008 could be as little as 49,000 or more than 150,000.

Clean 186
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Study: Bio-Based Plastics Could Ultimately Replace Up to 90% of Total Global Consumption of Plastics in 2007

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Projections of the worldwide production capacity of bio-based plastics through 2020. Study authors Martin K. Patel, Li Shen and Juliane Haufe project that by 2020, worldwide bio-plastics capacity could increase to as much as 4.40 Forecast to 2020. Mt in 2020. Source: PRO-BIP 2009. Click to enlarge. Mt (about 1.5%

2007 218