UM is also carrying out research in this field. Some of my friends are doing their thesis topics on biodiesel and envodiesel

I think biofuel will be feasible for commercial scale production in another 4-5 years if oil prices start to rise again to about US $ 140-150 per barrel. The main incentive of having biofuel capabilities for palm oil is that it acts as a safety net in the event that the demand for it as an edible oil drops preventing a sudden crash in demand and price because excess supply can be converted to fuel.