Algae are the fastest-growing plants in the world. Industrial reactors for algal culture are open ponds, photobioreactors and closed systems. Algae are very important as a biomass source. Algae will some day be competitive as a source for biofuel. Different species of algae may be better suited for different types of fuel. Algae can be grown almost anywhere, even on sewage or salt water, and does not require fertile land or food crops, and processing requires less energy than the algae provides. Algae can be a replacement for oil based fuels, one that is more effective and has no disadvantages. Algae are among the fastest-growing plants in the world, and about 50% of their weight is oil. This lipid oil can be used to make biodiesel for cars, trucks, and airplanes. Microalgae have much faster growth-rates than terrestrial crops. the per unit area yield of oil from algae is estimated to be from 20,000 to 80,000 l per acre, per year; this is 7–31 times greater than the next best crop, palm oil. The lipid and fatty acid contents of microalgae vary in accordance with culture conditions. Most current research on oil extraction is focused on microalgae to produce biodiesel from algal oil. Algal-oil processes into biodiesel as easily as oil derived from land-based crops.