NewNergy

NewNergy discusses the latest inventions, innovations and breakthroughs in the energy & environmental sciences.

Energy, the Next Boom Industry

Energy, the Next Boom Industry

The changes in the energy industry will create huge opportunities for new technology, says the author of this post @ Alt Energy Technology.

The energy business is about to change in a big way, and its growth could dwarf the changes in the Internet and telecom businesses. Similar to what happened to the IT & Telecom businesses starting a decade ago, we can start to see the changes happening in the energy industry now. The incumbent oil companies and other energy companies like the way it is, the oil companies and will react the same way and protect their core businesses at all costs, as did the big telecom companies. By the time the large telecom companies started reacting to the changes seriously, it was too late. The same could happen to the large energy companies, feels the author.

Alternative energy has the potential of making the Internet/Telecom boom look like pocket change. Energy is a trillion dollar market and growing and any company that gets a piece of that action will do extremely well.

Read the full post from here @ Alt Energy Technology blog
 
  In the beginning, there were algae,
but there was no oil Then, from algae came oil.
Now, the algae are still there, but oil is fast depleting
In future, there will be no oil, but there will still be algae  
So, doesn't it make sense to explore if we can again get oil from algae?
This is what we try to do at Oilgae.com - explore the potential of getting oil from algae