This article on the technique to improve the bio fuel performance, with the implementation of nano technology in this was found to be the amazing piece of new i found this week. for the "Science daily"
How to put more bang in your biofuels? Nanoparticles! A new study in the Journal of Renewable and Sustainable Energy shows that the addition of alumina nanoparticles can improve the performance and combustion of biodiesel, while producing fewer emissions.

In the study, Anand and co-author J. Sadhik Basha first used a mechanical agitator to create an emulsion consisting of jatropha biodiesel (a fuel derived from the crushed seeds of the jatropha plant), water, and a surfactant, then blended in different proportions of alumina nanoparticles. In addition to outperforming regular biofuel, the nanoparticle-spiked fuels produced significantly lower quantities of nitrogen oxide and carbon monoxide gases, and created less smoke.
The researchers are now testing other types of nanoparticles, including hollow carbon nanotubes, and investigating the effects of nano-additives to engine lubrication and cooling systems. One obstacle to the application of this kind of nanotechnology is the high cost of nanoparticle production, says Anand -- who also cautions that nanoparticles "should be used judiciously," because they tend to "entrain into human bodies.