In current history biofuels such as biodiesel and bioethanol have ended up being huge company worldwide. Many nations have taken an eager 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 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 ten years.

But wait, there's a problem.

There is nevertheless a significant problem; with the increase in popularity 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 deforestation and loss of biodiversity there are installing obstacles for the fuel to conquer.
But there is wish 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 very first generation biofuels (sugarcane, corn etc.) hence preventing much of the problems pointed out formerly.

Hope for the future

One such technology is Algae Fuel, which can produce as much as three hundred times more oil per acre than traditional crops in addition to growing twenty to thirty times faster. As if these advantages weren't significant enough it is likewise possible to cultivate algae on typically unusable land such as land stricken by dry spell or including very high levels of saline.
Another hugely appealing fuel is Cellulosic Ethanol which is just sustain produced from non-edible parts of plants (or certainly yards and other plants that are inedible). This fuel source shares some benefits with Algae fuel such as high per-acre efficiency but has the special benefit that no special growing is needed. Cellulose is consisted of in virtually all plants growing across the world.

Or should that be expect the present?

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 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 business and environmental perspective and continued development particularly in 2nd generation technologies seems guaranteed. Such quick grown represents an exciting time for alternative energy production.
To keep up with the most current developments and industry projections for alternative energy and biofuels it's recommended the reader defer to expert biofuel market analysis.