In current history biofuels such as biodiesel and bioethanol have ended up being industry around the globe. Many countries have actually taken a keen interest in their continued manufacture and usage, including developing nations such as Brazil which is viewed as a world leader in biofuel development. Even smaller sized nations such as the UK currently use around one and a half million litres of biofuel a year and objective to increase this three-fold within the next ten years.

But wait, there's a problem.

There is nevertheless a considerable issue; with the increase in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" debate, links to food cost increases and impact of water resources to concerns over deforestation and loss of biodiversity there are installing challenges for the fuel to conquer.
But there is want to be discovered in a variety of technologies broadly referred to as second generation biofuels. Such fuels are produced from sustainable feedstock instead of the typically editable crops utilized in first generation biofuels (sugarcane, corn etc.) therefore preventing many of the concerns discussed previously.

Hope for the future

One such technology is Algae Fuel, which can produce as much as three hundred times more oil per acre than standard crops as well as growing twenty to thirty times more quickly. As if these advantages weren't substantial enough it is likewise possible to cultivate algae on typically unusable land such as land stricken by dry spell or including extremely high levels of saline.
Another extremely appealing fuel is Cellulosic Ethanol which is merely fuel produced from non-edible parts of plants (or undoubtedly 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 advantage that no special growing is needed. Cellulose is contained 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 per year in advancement.
There is much to be excited about in the Biofuel industry from both an organization and eco-friendly viewpoint and continued growth particularly in 2nd generation innovations seems ensured. Such rapid grown represents an interesting time for alternative energy production.
To keep up with the most recent developments and market projections for alternative energy and biofuels it's recommended the reader defer to expert biofuel market analysis.