Issue (WIWE) status: Submitted, Unpublished
Wild Card's progress: Basic
This Wild Card came from:
European Commission Framework Programme for RTD
The theme/scheme related to this Wild Card:
Theme 5 - Energy
The sub-theme that best relates to this Wild Card:
Smart energy network
Likelihood timeframe and scenario features :
now-2050
Wild Card's description:
Huge amounts of investments flow into algae R&D and infrastructure. When big energy companies realize that replacing oil with algae biofuel doesn’t require any major changes to the current energy chains from them and that their role can remain the same or even improve at the energy markets after going to algae, the first energy companies declare that for now on they focus only on algae biofuels. These declarations base mainly on strategic company branding, but also on obvious futures prospects with algae. Serious global competition over algae production lines, refineries, transportation and marketing sucks all liquid funds from the markets.