In current history biofuels such as biodiesel and bioethanol have actually become huge business around the globe. Many nations have actually taken an eager interest in their continued manufacture and usage, including developing countries such as Brazil which is seen as a world leader in biofuel development. Even smaller countries 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 10 years.

But wait, there's an issue.

There is however a considerable problem; with the boost in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" dispute, links to food price boosts and effect of water resources to concerns over deforestation and loss of biodiversity there are mounting obstacles for the fuel to overcome. But there is want to be discovered in a variety of technologies broadly described as 2nd generation biofuels. Such fuels are produced from sustainable feedstock rather than the traditionally editable crops utilized in first generation biofuels (sugarcane, corn etc.) therefore avoiding a number of the concerns pointed out formerly.

Hope for the future

One such technology is Algae Fuel, which can produce as much as 3 hundred times more oil per acre than standard crops as well as growing twenty to thirty times faster. As if these advantages weren't considerable enough it is also possible to cultivate algae on traditionally unusable land such as land stricken by drought or containing extremely high levels of saline. Another hugely appealing fuel is which is simply sustain produced from non-edible parts of plants (or undoubtedly 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 unique advantage that no special growing is required. Cellulose is consisted of in practically all plants growing across the world.

Or should that be hope for the present?

These may seem like science-fiction but 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 facilities capable for producing an extra eighty million gallons each year in advancement. There is much to be excited about in the Biofuel industry from both an organization and eco-friendly viewpoint and continued development especially in 2nd generation innovations appears guaranteed. Such fast grown represents an interesting time for alternative energy production. To keep up with the most current developments and market forecasts for alternative energy and biofuels it's recommended the reader delay to professional biofuel market analysis.