Renewable Energy has been in the limelight ever since the prices of Crude Petroleum Oil increases to the unprecedented height per barrel. This is due to the diminishing oil reserves in the world and political instabilities in some oil-exporting countries. The ever increasing concerns over fluctuating price of oil & the possible future supply constrains have reinforced the need for alternative fuel resources.
Advantages of the Renewable Energy compared to Fossil Fuels are enormous in terms of Environment & availability. Biofuels like Bioethanol & Biodiesel are currently being produced from Agricultural Products such as Sugarcane, Corn & Rapeseed Oil respectively.