In current history biofuels such as biodiesel and bioethanol have actually become huge company around the world. Many nations have actually taken a keen interest in their continued manufacture and use, consisting of establishing nations such as Brazil which is seen as a world leader in biofuel development. Even smaller sized nations such as the United Kingdom presently use around one and a half million litres of biofuel a year and goal to increase this three-fold within the next 10 years.

But wait, there's an issue.

There is however a substantial issue; with the boost in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" argument, links to food price boosts and effect of water resources to issues over deforestation and loss of biodiversity there are installing difficulties for the fuel to conquer.
But there is intend to be discovered in a range of technologies broadly referred to as 2nd generation biofuels. Such fuels are produced from sustainable feedstock rather than the traditionally editable crops used in very first generation biofuels (sugarcane, corn etc.) therefore avoiding much of the concerns pointed out formerly.

Wish for the future

One such technology is Algae Fuel, which can produce as much as three hundred times more oil per acre than conventional crops as well as growing twenty to thirty times faster. As if these benefits weren't significant enough it is likewise possible to cultivate algae on typically unusable land such as land stricken by dry spell or consisting of really high levels of saline.
Another hugely promising fuel is Cellulosic Ethanol which is just fuel produced from non-edible parts of plants (or indeed grasses and other plants that are inedible). This fuel source shares some benefits with Algae fuel such as high per-acre productivity however has the unique advantage that no special growing is needed. Cellulose is included in practically all plants growing across the world.

Or should that be hope for the present?

These may seem like science-fiction however the reality of the matter is that by 2008 the United States was already producing twelve million litres of fuel from cellulosic ethanol with production centers capable for producing an additional eighty million gallons each year in advancement.
There is much to be delighted about in the Biofuel industry from both a business and environmental point of view and continued growth especially in second generation innovations appears guaranteed. Such quick grown represents an amazing time for alternative energy production.
To keep up with the current advancements and market projections for alternative energy and biofuels it's recommended the reader postpone to professional biofuel market analysis.