Tuesday, January 6, 2009

New Year, Fresh Algae

Happy New Year! 2009 promises to be a year of new direction, as the nation, states and local communities review the status quo and respond to the changing economy. The International Energy Agency (IEA) released its World Energy Outlook 2008 in November (http://www.iea.org/). The world’s natural resources and consumptions have been updated, and reflect significant reductions in the estimated lifetimes of availability. Renewable energy is slated to become the second largest source of electricity. Opportunities abound in the quest for viable renewable energy resources and many may come from surprising places. Alganomics, LLC believes that algae have great potential as one of the renewable energy resources to make a significant impact. The new year provides renewal of perspective and opportunities, as well as fresh algae growth, research and development.