In current history biofuels such as and bioethanol have ended up being industry around the world. Many nations have taken an eager interest in their continued manufacture and usage, including 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 however a significant 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 increases and effect of water resources to concerns over logging and loss of biodiversity there are installing obstacles for the fuel to overcome. But there is want to be discovered in a variety of innovations broadly described as second generation biofuels. Such fuels are produced from sustainable feedstock instead of the typically editable crops used in very first generation biofuels (sugarcane, corn etc.) hence preventing a lot of the issues discussed 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 as well as growing twenty to thirty times faster. As if these advantages weren't considerable enough it is likewise possible to cultivate algae on traditionally unusable land such as land stricken by dry spell or including really high levels of saline. Another extremely promising fuel is Cellulosic Ethanol which is merely fuel produced from non-edible parts of plants (or certainly turfs and other plants that are inedible). This fuel source shares some advantages with Algae fuel such as high per-acre efficiency however has the special benefit that no unique cultivation is needed. Cellulose is included in virtually all plants growing across the world.

Or should that be wish for the present?

These might sound like science-fiction but the reality of the matter is that by 2008 the United States was already producing twelve million litres of fuel from cellulosic ethanol with production centers capable for producing an extra eighty million gallons per year in development. There is much to be excited about in the Biofuel market from both a business and environmental perspective and continued growth especially in 2nd generation technologies seems ensured. Such quick grown represents an amazing time for alternative energy production. To keep up with the most recent developments and market forecasts for alternative energy and biofuels it's suggested the reader defer to professional biofuel market analysis.