[3]. Along
with biofuel production from large biomass producing
field crops, liquid fuel production from algae has demonstrated
great potential due to its high water use efficiency
and rapid biomass accumulation ability. Although
there are still technical obstacles to overcome to achieve
mass production and processing of algae in a sustainable
way, theoretically, it has been estimated that in Europe
alone, 0.4 billion liters of diesel can be supplied through
algae-originated biodiesel in the next ten to fifteen years