Suddenly global competition over algae production lines sucks all liquid funds from the markets

Suddenly global competition over algae production lines sucks all liquid funds from the markets

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.