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In current history biofuels such as biodiesel and bioethanol have ended up being big business worldwide. Many nations have taken a keen interest in their continued manufacture and use, consisting of establishing countries such as Brazil which is viewed as a world leader in biofuel advancement. Even smaller sized countries such as the United Kingdom presently utilize around one and a half million litres of biofuel a year and goal to increase this three-fold within the next 10 years.

But wait, there's a problem.

There is however a significant issue; with the boost in popularity of biofuels as has the level of criticism increased. From the "food versus fuel" dispute, links to food price increases and impact of water resources to issues over logging and loss of biodiversity there are mounting challenges for the fuel to conquer. But there is intend to be found in a variety of technologies broadly described as 2nd generation biofuels. Such fuels are produced from sustainable feedstock instead of the typically editable crops used in first generation biofuels (sugarcane, corn etc.) therefore preventing a lot of the problems discussed previously.

Hope for the future

One such technology is Algae Fuel, which can produce as much as 3 hundred times more oil per acre than traditional crops in addition to growing twenty to thirty times more quickly. As if these weren't considerable enough it is also possible to cultivate algae on traditionally unusable land such as land stricken by drought or including really high levels of saline. Another hugely promising fuel is Cellulosic Ethanol which is just fuel produced from non-edible parts of plants (or indeed lawns and other plants that are inedible). This fuel source shares some benefits with Algae fuel such as high per-acre performance but has the unique benefit that no unique cultivation is needed. Cellulose is contained in almost all plants growing across the world.

Or should that be hope for today?

These might sound like science-fiction however 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 an organization and ecological perspective and continued development especially in 2nd generation innovations appears ensured. Such rapid grown represents an interesting time for alternative energy production. To keep abreast of the newest advancements and market forecasts for alternative energy and biofuels it's suggested the reader postpone to expert biofuel market analysis.