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In current history biofuels such as biodiesel and bioethanol have become industry around the world. Many nations have taken an eager interest in their continued manufacture and use, including establishing countries such as Brazil which is viewed as a world leader in biofuel development. Even smaller nations such as the United Kingdom presently utilize 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 nevertheless a significant issue; with the boost in popularity of biofuels as has the level of criticism increased. From the "food versus fuel" debate, links to food price increases and effect of water resources to issues over deforestation and loss of biodiversity there are mounting 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 rather than the generally editable crops used in first generation biofuels (sugarcane, corn etc.) hence avoiding many of the concerns pointed out previously.

Hope for the future

One such technology is Algae Fuel, which can produce as much as three hundred times more oil per acre than standard crops as well as growing twenty to thirty times quicker. As if these benefits weren't considerable enough it is likewise possible to cultivate algae on traditionally unusable land such as land stricken by drought or including extremely high levels of saline. Another extremely promising fuel is Cellulosic Ethanol which is just sustain produced from non-edible parts of plants (or certainly 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 special benefit that no unique growing is needed. Cellulose is included in virtually all plants growing across the world.

Or should that be wish for the present?

These may seem 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 each year in development. There is much to be thrilled about in the Biofuel industry from both a company and environmental perspective and continued development especially in 2nd generation innovations seems guaranteed. Such fast grown represents an amazing time for alternative energy production. To keep abreast of the current developments and market forecasts for alternative energy and biofuels it's recommended the expert biofuel market analysis.