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In recent history biofuels such as biodiesel and bioethanol have become big business around the globe. Many countries have taken a keen interest in their continued manufacture and use, consisting of establishing countries such as Brazil which is seen as a world leader in biofuel development. Even smaller nations such as the UK presently around one and a half million litres of biofuel a year and aim to increase this three-fold within the next 10 years.

But wait, there's a problem.

There is however a considerable problem; with the increase in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" debate, links to food cost boosts and effect of water resources to issues over deforestation and loss of biodiversity there are installing challenges for the fuel to conquer.
But there is intend to be found in a variety of innovations broadly referred to as second generation biofuels. Such fuels are produced from sustainable feedstock instead of the generally editable crops used in first generation biofuels (sugarcane, corn etc.) therefore avoiding many of the concerns discussed previously.

Hope for the future

One such innovation is Algae Fuel, which can produce as much as three hundred times more oil per acre than standard crops in addition to growing twenty to thirty times quicker. As if these advantages weren't considerable enough it is also possible to cultivate algae on typically unusable land such as land stricken by dry spell or consisting of very high levels of saline.
Another hugely promising fuel is Cellulosic Ethanol which is merely sustain produced from non-edible parts of plants (or undoubtedly grasses 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 unique cultivation is required. Cellulose is contained in virtually all plants growing throughout the world.

Or should that be wish for today?

These might sound 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 facilities capable for producing an additional eighty million gallons per year in advancement.
There is much to be excited about in the Biofuel industry from both a business and eco-friendly point of view and continued development particularly in 2nd generation technologies appears ensured. Such quick grown represents an amazing time for alternative energy production.
To keep up with the current developments and market projections for alternative energy and biofuels it's recommended the reader postpone to professional biofuel market analysis.