In recent history biofuels such as biodiesel and bioethanol have actually become industry all over the world. Many countries have taken a keen interest in their continued manufacture and use, consisting of developing nations such as Brazil which is seen as a world leader in biofuel development. Even smaller nations 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 ten years.

But wait, there's an issue.

There is nevertheless a considerable issue; with the increase in popularity of biofuels as has the level of criticism increased. From the "food versus fuel" debate, links to food rate boosts and impact of water resources to concerns over deforestation and loss of biodiversity there are installing challenges for the fuel to get rid of.
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 generally editable crops used in first generation biofuels (sugarcane, corn etc.) thus avoiding much of the concerns mentioned previously.

Hope for 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 rapidly. As if these benefits weren't significant enough it is likewise possible to cultivate algae on generally unusable land such as land stricken by drought or including extremely high levels of saline.
Another hugely appealing fuel is Cellulosic Ethanol which is merely sustain produced from non-edible parts of plants (or indeed turfs and other plants that are inedible). This fuel source shares some advantages with Algae fuel such as high per-acre efficiency but has the unique advantage that no unique cultivation is needed. Cellulose is contained in virtually all plants growing across the world.

Or should that be hope for the present?

These may sound like science-fiction but the fact 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 delighted about in the Biofuel market from both a service and environmental perspective and continued development especially in 2nd generation innovations seems ensured. Such rapid grown represents an interesting time for alternative energy production.
To keep up with the most recent advancements and industry forecasts for alternative energy and biofuels it's recommended the reader postpone to professional biofuel market analysis.