In current history biofuels such as biodiesel and bioethanol have actually become industry around the globe. Many nations have actually taken a keen interest in their continued manufacture and usage, consisting of developing countries such as Brazil which is viewed as a world leader in biofuel advancement. Even smaller nations 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 10 years.

But wait, there's an issue.

There is however a considerable issue; with the increase in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" dispute, links to food cost boosts and effect of water resources to issues over deforestation and loss of biodiversity there are installing obstacles for the fuel to get rid of.
But there is want to be discovered 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 very first generation biofuels (sugarcane, corn etc.) hence preventing a number of the concerns discussed formerly.

Wish for the future

One such technology is Algae Fuel, which can produce as much as 3 hundred times more oil per acre than traditional crops as well as growing twenty to thirty times quicker. As if these benefits weren't considerable enough it is likewise possible to cultivate algae on traditionally unusable land such as land stricken by dry spell or containing really high levels of saline.
Another extremely promising fuel is Cellulosic Ethanol which is merely sustain produced from non-edible parts of plants (or indeed turfs and other plants that are inedible). This fuel source shares some advantages with Algae fuel such as high per-acre productivity however has the distinct benefit that no unique growing is required. Cellulose is included in virtually all plants growing throughout the world.

Or should that be hope for the present?

These may sound like science-fiction however the truth 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 extra eighty million gallons each year in advancement.
There is much to be excited about in the Biofuel market from both a company and environmental point of view and continued growth especially in second generation technologies appears ensured. Such quick grown represents an exciting time for alternative energy production.
To keep abreast of the most recent advancements and industry projections for alternative energy and biofuels it's suggested the reader defer to professional biofuel market analysis.