In current history biofuels such as biodiesel and bioethanol have become industry around the world. Many nations have actually taken an eager interest in their continued manufacture and usage, consisting of establishing countries such as Brazil which is viewed as a world leader in biofuel development. Even smaller nations such as the UK currently 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 an issue.

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 rate increases and effect of water resources to concerns over deforestation and loss of biodiversity there are installing difficulties for the fuel to get rid of.
But there is intend to be discovered in a variety of innovations broadly referred to as second generation biofuels. Such fuels are produced from sustainable feedstock instead of the traditionally editable crops utilized in first generation biofuels (sugarcane, corn etc.) therefore avoiding much of the issues mentioned formerly.

Expect the future

One such technology is Algae Fuel, which can produce as much as three hundred times more oil per acre than conventional crops in addition to growing twenty to thirty times more quickly. As if these advantages weren't considerable enough it is also possible to cultivate algae on generally unusable land such as land stricken by drought or consisting of extremely high levels of saline.
Another hugely appealing fuel is Cellulosic Ethanol which is just sustain produced from non-edible parts of plants (or certainly 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 special benefit that no unique cultivation is required. Cellulose is included in almost all plants growing across the world.

Or should that be hope for today?

These might sound 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 centers capable for producing an additional eighty million gallons each year in development.
There is much to be thrilled about in the Biofuel market from both a business and ecological point of view and continued development particularly in second generation technologies appears ensured. Such fast grown represents an amazing time for alternative energy production.
To keep abreast of the current developments and industry projections for alternative energy and biofuels it's suggested the reader postpone to professional biofuel market analysis.