In recent history biofuels such as biodiesel and bioethanol have actually become huge business around the world. Many countries have taken an eager interest in their continued manufacture and usage, including developing countries such as Brazil which is viewed as a world leader in biofuel advancement. Even smaller sized countries such as the UK presently 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 increase in popularity of biofuels as has the level of criticism increased. From the "food versus fuel" debate, links to food rate increases and impact of water resources to issues over deforestation and loss of biodiversity there are mounting difficulties for the fuel to get rid of.
But there is hope to be discovered in a variety of technologies broadly described as 2nd generation biofuels. Such fuels are produced from sustainable feedstock instead of the typically editable crops utilized in very first generation biofuels (sugarcane, corn etc.) thus preventing much of the issues pointed out previously.

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 along with growing twenty to thirty times more quickly. As if these benefits weren't considerable enough it is likewise possible to cultivate algae on generally unusable land such as land stricken by drought or containing extremely high levels of saline.
Another hugely appealing fuel is Cellulosic Ethanol which is just fuel produced from non-edible parts of plants (or indeed lawns and other plants that are inedible). This fuel source shares some benefits with Algae fuel such as high per-acre efficiency however has the special advantage that no special cultivation is needed. Cellulose is contained in practically all plants growing across the world.

Or should that be expect the present?

These may sound like science-fiction but 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 extra eighty million gallons annually in advancement.
There is much to be thrilled about in the Biofuel market from both an organization and environmental point of view and continued development particularly in second generation technologies appears guaranteed. Such rapid grown represents an interesting time for alternative energy production.
To keep abreast of the newest advancements and industry forecasts for alternative energy and biofuels it's recommended the reader postpone to expert biofuel market analysis.