In recent history biofuels such as biodiesel and bioethanol have actually become industry around the globe. Many countries have actually taken a keen interest in their continued manufacture and usage, including establishing nations such as Brazil which is seen as a world leader in biofuel development. Even smaller nations such as the United Kingdom currently use around one and a half million litres of biofuel a year and objective to increase this three-fold within the next 10 years.

But wait, there's a problem.

There is however a substantial issue; with the increase in appeal 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 mounting challenges for the fuel to conquer.
But there is hope to be found in a variety of innovations broadly referred to as second generation biofuels. Such fuels are produced from sustainable feedstock instead of the generally editable crops utilized in first generation biofuels (sugarcane, corn etc.) thus preventing much of the issues discussed previously.

Expect the future

One such innovation is Algae Fuel, which can produce as much as three hundred times more oil per acre than traditional crops along with growing twenty to thirty times faster. As if these advantages weren't considerable enough it is also possible to cultivate algae on typically unusable land such as land stricken by drought or consisting of really high levels of saline.
Another hugely promising fuel is Cellulosic Ethanol which is just sustain produced from non-edible parts of plants (or indeed grasses and other plants that are inedible). This fuel source shares some benefits with Algae fuel such as high per-acre efficiency but has the special benefit that no special growing is needed. Cellulose is included in practically all plants growing throughout the world.

Or should that be expect today?

These may seem 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 centers capable for producing an extra eighty million gallons annually in advancement.
There is much to be delighted about in the Biofuel market from both a company and environmental viewpoint and continued growth particularly in 2nd generation technologies seems guaranteed. Such rapid grown represents an amazing time for alternative energy production.
To keep abreast of the newest developments and market forecasts for alternative energy and biofuels it's suggested the reader accept expert biofuel market analysis.