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

But wait, there's a problem.

There is however a considerable issue; with the boost in appeal 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 concerns over logging and loss of biodiversity there are installing challenges for the fuel to overcome. But there is wish to be discovered in a range of innovations broadly referred to as 2nd generation biofuels. Such fuels are produced from sustainable feedstock rather than the typically editable crops used in first generation biofuels (sugarcane, corn etc.) hence avoiding a lot of the concerns mentioned previously.

Wish 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 along with growing twenty to thirty times quicker. As if these benefits weren't substantial enough it is also possible to cultivate algae on traditionally unusable land such as land stricken by dry spell or containing extremely high levels of saline. Another extremely appealing fuel is Cellulosic Ethanol which is simply 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 distinct benefit that no special growing is required. Cellulose is included in practically all plants growing throughout the world.

Or should that be hope for today?

These may seem like science-fiction but the truth 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 annually in advancement. There is much to be thrilled about in the Biofuel market from both a business and eco-friendly 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 current advancements and industry projections for alternative energy and biofuels it's recommended the reader delay to expert biofuel market analysis.