Mission NewEnergy Limited

Overview

  • Sectors Agriculture

Company Description

A new Generation Of Biofuels

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

But wait, there’s a problem.

There is however a considerable problem; 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 effect of water resources to issues over logging and loss of biodiversity there are mounting difficulties for the fuel to conquer.
But there is intend to be found in a range of innovations broadly referred to as second generation biofuels. Such fuels are produced from sustainable feedstock rather than the typically editable crops used in first generation biofuels (sugarcane, corn etc.) thus preventing a number of the issues pointed out formerly.

Hope for the future

One such innovation is Algae Fuel, which can produce as much as 3 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 likewise possible to cultivate algae on typically unusable land such as land stricken by drought or including very high levels of saline.
Another hugely appealing fuel is Cellulosic Ethanol which is simply sustain produced from non-edible parts of plants (or certainly lawns and other plants that are inedible). This fuel source shares some advantages with Algae fuel such as high per-acre performance however has the distinct advantage that no special growing is required. Cellulose is consisted of in virtually all plants growing across the world.

Or should that be wish for today?

These might 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 thrilled about in the Biofuel market from both a company and eco-friendly perspective and continued development particularly in second appears ensured. Such quick grown represents an interesting time for alternative energy production.
To keep up with the most recent developments and industry forecasts for alternative energy and biofuels it’s recommended the reader delay to expert biofuel market analysis.