The energy demand of the world population is increasing due to population growth and technological development. The current energy base is a generator of CO2 emissions, the most abundant and main greenhouse gas responsible for global warming, as well as pollutants, sulfur oxides and nitrogen oxides. The environmental deterioration and the increase in fossil fuel prices make it necessary to investigate less aggressive energy sources with the environment at competitive costs in the market. Biofuels are an alternative for energy production due to their origin in the short carbon cycle, their emissions are considered almost zero, including biodiesel and bioethanol. The latter can be obtained from microalgae rich in carbohydrates and lipids, easy to grow in short periods of time. The objective of this research is to summarize the findings made about the existence of useful microalgae as raw material to produce biofuels in Mexican territory. An exhaustive review of the literature was carried out, which contributed to estimate the microalgal diversity in the country and its lipid contents as well as carbohydrates, with different species of the genera Chlamydomonas, Chlorella, Scenedesmus, Desmodesmus being found mainly.