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Low Carbon Fuels Could Disrupt Oil Market Within Five Years, Accenture Report Finds.

Publication: Business Wire
Publication Date: 10-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
But transformation in regulator support needed to secure commercial success for fuel alternatives

NEW YORK -- Accenture (NYSE: ACN) has identified the technologies that it predicts are most likely to transform the demand and supply of transport fuels and cut emissions within the next five years. In a report comparing advances in combustion engines, biofuels, electrification and other technologies, Accenture warns that their commercial viability will be delayed unless regulators more proactively support the transformation of science into applied technologies.

"Betting on Science - Disruptive Technologies in Transport Fuels" selected 12 innovations in electrification and genetically modified biofuels, as well as existing fuel sources that will have the most immediate impact on emissions and on the gasoline and diesel markets. The study profiled 25 companies that aim to bring these technologies to market in the next five years.

Accenture concludes that, while all 12 technologies are in development today, they may not all be successfully brought to market. To improve the chances of commercialization, policy makers will be required to:

* Underwrite the risk of first plants...

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