The document discusses microalgae as a source of biofuels. It notes that microalgae have the potential to produce more biomass and oil per unit area than other feedstocks. The document outlines the cultivation, harvesting, and processing steps to produce biofuels from microalgae, including biodiesel production via transesterification. While microalgae have promising theoretical yields, achieving these at commercial scale has proven challenging due to the energy and costs required for cultivation, harvesting, and processing of algal biomass.