In recent history biofuels such as biodiesel and bioethanol have actually ended up being industry worldwide. Many nations have actually taken a keen interest in their continued manufacture and usage, consisting of establishing countries such as Brazil which is viewed as a world leader in biofuel advancement. Even smaller sized countries such as the United Kingdom currently use 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 significant problem; with the boost in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" debate, links to food price increases and impact of water resources to issues over logging and loss of biodiversity there are installing challenges for the fuel to get rid of.
But there is hope to be found in a range of innovations broadly described as second generation biofuels. Such fuels are produced from sustainable feedstock instead of the traditionally editable crops used in first generation biofuels (sugarcane, corn etc.) therefore preventing a number of the issues discussed formerly.

Expect the future

One such innovation is Algae Fuel, which can produce as much as 3 hundred times more oil per acre than conventional crops in addition to growing twenty to thirty times faster. As if these advantages weren't substantial enough it is also possible to cultivate algae on typically unusable land such as land stricken by drought or including really high levels of saline.
Another extremely appealing 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 benefits with Algae fuel such as high per-acre productivity but has the distinct benefit that no special growing is needed. Cellulose is contained in virtually all plants growing throughout 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 centers capable for producing an additional eighty million gallons per year in advancement.
There is much to be delighted about in the Biofuel industry from both a business and eco-friendly viewpoint and continued development especially in 2nd generation technologies appears ensured. Such fast grown represents an exciting time for alternative energy production.
To keep up with the current advancements and market projections for alternative energy and biofuels it's suggested the reader accept professional biofuel market analysis.