Bioinformatics for algae research

Question

[Arindam Ghosh]

I am currently doing masters in bioinformatics. I have completed undergraduation in biotechnology. During my UG I had gained interest in biodiesel from Jatropha & algae. I would like to know how can bioinformatics contribute to algal biodiesel research? If this as a research option would be feasible or am I still in the old school.