In current history biofuels such as biodiesel and bioethanol have ended up being big business around the world. Many nations have actually taken a keen interest in their continued manufacture and usage, consisting of developing nations such as Brazil which is seen as a world leader in biofuel advancement. Even smaller sized nations such as the UK presently utilize around one and a half million litres of biofuel a year and objective to increase this three-fold within the next 10 years.

But wait, there's a problem.

There is however a considerable problem; with the boost in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" debate, links to food rate boosts and effect of water resources to issues over deforestation and loss of biodiversity there are mounting difficulties for the fuel to overcome.
But there is hope to be found in a variety of technologies broadly described as 2nd generation biofuels. Such fuels are produced from sustainable feedstock rather than the typically editable crops used in first generation biofuels (sugarcane, corn etc.) therefore preventing a number of the issues discussed formerly.

Wish for the future

One such innovation is Algae Fuel, which can produce as much as 3 hundred times more oil per acre than conventional crops as well as growing twenty to thirty times quicker. As if these benefits weren't considerable enough it is also possible to cultivate algae on traditionally unusable land such as land stricken by drought or consisting of extremely high levels of saline.
Another hugely promising fuel is Cellulosic Ethanol which is simply fuel produced from non-edible parts of plants (or undoubtedly grasses and other plants that are inedible). This fuel source shares some advantages with Algae fuel such as high per-acre performance but has the unique advantage that no special cultivation is needed. Cellulose is consisted of in almost all plants growing across the world.

Or should that be hope for the present?

These may seem like science-fiction but the fact 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 each year in advancement.
There is much to be thrilled about in the Biofuel industry from both a company and environmental viewpoint and continued development particularly in 2nd generation technologies seems ensured. Such rapid grown represents an interesting time for alternative energy production.
To keep up with the most current advancements and industry projections for alternative energy and biofuels it's recommended the reader accept professional biofuel market analysis.