In recent history biofuels such as biodiesel and bioethanol have ended up being huge company worldwide. Many countries have taken an eager interest in their continued manufacture and use, consisting of establishing nations such as Brazil which is viewed as a world leader in biofuel advancement. Even smaller sized countries such as the United Kingdom presently utilize around one and a half million litres of biofuel a year and goal to increase this three-fold within the next ten years.

But wait, there's a problem.

There is however a considerable issue; with the boost in popularity of biofuels as has the level of criticism increased. From the "food versus fuel" dispute, links to food price boosts and impact of water resources to issues over deforestation and loss of biodiversity there are installing obstacles for the fuel to overcome.
But there is intend to be found in a variety of innovations broadly referred to as second generation biofuels. Such fuels are produced from sustainable feedstock rather than the traditionally editable crops used in first generation biofuels (sugarcane, corn etc.) thus avoiding a number of the issues discussed previously.

Hope for the future

One such technology is Algae Fuel, which can produce as much as 3 hundred times more oil per acre than conventional crops along with growing twenty to thirty times more rapidly. As if these benefits weren't considerable enough it is likewise possible to cultivate algae on generally unusable land such as land stricken by dry spell or containing extremely high levels of saline.
Another extremely appealing fuel is Cellulosic Ethanol which is just fuel produced from non-edible parts of plants (or indeed turfs and other plants that are inedible). This fuel source shares some benefits with Algae fuel such as high per-acre efficiency however has the unique advantage that no special growing is needed. Cellulose is contained in virtually all plants growing across the world.

Or should that be wish for the present?

These may seem like science-fiction however the reality of the matter is that by 2008 the United States was currently producing twelve million litres of fuel from cellulosic ethanol with production facilities capable for producing an extra eighty million gallons annually in development.
There is much to be excited about in the Biofuel market from both a business and eco-friendly point of view and continued development especially in 2nd generation technologies appears guaranteed. Such fast grown represents an amazing time for alternative energy production.
To keep abreast of the most recent developments and industry projections for alternative energy and biofuels it's recommended the reader accept professional biofuel market analysis.