In current history biofuels such as biodiesel and bioethanol have become huge company worldwide. Many countries have actually taken an eager interest in their continued manufacture and usage, consisting of establishing nations such as Brazil which is seen as a world leader in biofuel advancement. Even smaller sized countries such as the United Kingdom presently use 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 popularity of biofuels as has the level of criticism increased. From the "food versus fuel" dispute, links to food price boosts and impact of water resources to concerns over deforestation and loss of biodiversity there are installing difficulties for the fuel to overcome. But there is hope to be discovered in a variety of innovations broadly described as second generation biofuels. Such fuels are produced from sustainable feedstock instead of the traditionally editable crops used in first generation biofuels (sugarcane, corn etc.) hence preventing a lot of the issues mentioned previously.

Expect the future

One such technology is Algae Fuel, which can produce as much as three hundred times more oil per acre than conventional crops along with growing twenty to thirty times more rapidly. As if these benefits weren't substantial enough it is also possible to cultivate algae on traditionally unusable land such as land stricken by drought or consisting of very high levels of saline. Another hugely promising fuel is Cellulosic Ethanol which is simply fuel from non-edible parts of plants (or indeed turfs and other plants that are inedible). This fuel source shares some benefits with Algae fuel such as high per-acre productivity but has the unique benefit that no unique growing is required. Cellulose is consisted of in practically all plants growing across the world.

Or should that be wish for the present?

These might sound 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 per year in development. There is much to be delighted about in the Biofuel market from both a company and environmental point of view and continued development particularly in 2nd generation technologies appears guaranteed. Such quick grown represents an exciting time for alternative energy production. To keep up with the latest advancements and industry forecasts for alternative energy and biofuels it's suggested the reader accept professional biofuel market analysis.