Energy plays a vital role for the development for the human welfare. The global economy totally runs on energy, or we can say that all living things depends on it, for example, plants takes energy from the sunlight, water and minerals, and this process is called photosynthesis, animals takes energy from plants and from one another, whereas humans takes energy from both. As the population increases, the uses of fossil fuels increased rapidly and because of this supply of renewable resources get affected and global warming makes earth more complicated due to increase in carbon dioxide. The production of biodiesel using microalgae biomass appears to be more viable and cheaper. Microalgae are a good source of lipid and triacylglycerol (TAG) that are sustainable feedstock for biodiesel. The present paper is an attempt to know the potential of microalgae for the biodiesel production.