Researchers at Khon Kaen University (KKU) in Thailand have discovered a new species of algae, which could be used for the commercial production of biodiesel as early as April 2009.

The species, unimaginatively labelled KKU-S2, was found on the surface of a freshwater pond at the university, and was quickly identified as a promising source of alternative fuel. Speaking about the discovery, team-leader Dr Ratanaporn Leesing said, “We can extract oil from this species. Its properties are fit for biodiesel production. Within two days, the number of this alga can double, and within a week or two we can extract oil from it”

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