Abstract
A review of literature on current results from work in the field of obtaining microalgae biomass and processing it into high-value products (biofuel, ethanol, butanol, hydrogen and other products) by chemical and biotechnological means is performed. The review consists of three parts: Biomass Production Methods, Biofuel Production from Microalgae, and Obtaining High-Value Products via Biotechnology. The first part considers promising strains of microalgae that produce lipids and are used to obtain biofuels that meet standards ASTM D6751 and EN 14214. Information is also given on factors affecting the accumulation and composition of lipids in microalgae (composition, illumination, temperature, and salinity of the nutrient medium). Data are presented on ways of producing microalgae biomass that include the use of flue gases and wastewater.

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