While cost, pollution, and security problems plague the fossil fuel industry, innovative technologies are emerging to help alternative fuels compete. High-pressure gasification turning coal to liquid fuel and engineered microorganisms fermenting butanol from sugar are just two of dozens of designs developing across the value chain. But new feedstocks and fuels pose daunting technical, financial, and market challenges that few companies large or small can tackle alone, so collaboration and integration are essential. By mapping the web of relationships in the alternative fuels space, we show how key corporate and small-cap players are creating new alternative fuel value chains, and establishing contingency plans in case critical connections fail.
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