In recent history biofuels such as biodiesel and bioethanol have become huge company around the world. Many countries have taken an eager interest in their continued manufacture and usage, consisting of developing nations such as Brazil which is viewed as a world leader in biofuel development. Even smaller sized nations such as the United Kingdom presently use around one and a half million litres of biofuel a year and goal to increase this three-fold within the next ten years.

But wait, there's a problem.

There is nevertheless a substantial problem; with the increase in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" dispute, links to food price boosts and effect of water resources to issues over logging and loss of biodiversity there are mounting difficulties for the fuel to get rid of.
But there is intend to be discovered in a range of technologies broadly described as 2nd generation biofuels. Such fuels are produced from sustainable feedstock instead of the traditionally editable crops used in first generation biofuels (sugarcane, corn etc.) thus preventing much of the issues 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 traditional crops as well as growing twenty to thirty times more quickly. As if these advantages weren't substantial enough it is likewise possible to cultivate algae on typically unusable land such as land stricken by dry spell or containing very high levels of saline.
Another hugely promising fuel is Cellulosic Ethanol which is simply fuel produced from non-edible parts of plants (or certainly lawns and other plants that are inedible). This fuel source shares some benefits with Algae fuel such as high per-acre productivity however has the unique advantage that no special growing is required. Cellulose is consisted of in virtually all plants growing across the world.

Or should that be hope for the present?

These might seem like science-fiction however 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 extra eighty million gallons per year in development.
There is much to be delighted about in the Biofuel industry from both a service and eco-friendly perspective and continued growth especially in second generation innovations appears guaranteed. Such quick grown represents an interesting time for alternative energy production.
To keep up with the most recent advancements and market forecasts for alternative energy and biofuels it's recommended the reader defer to expert biofuel market analysis.