This report summarizes the progress and research accomplishments of the Aquatic Species Project. The four articles included are summaries of individual research projects and are entered into the EDB as such. The goal of the Aquatic Species Project is to develop the technology base for large-scale production of oil-rich microalgae. The project is also developing methods to convert the microalgal lipids into liquid fuels needed for industry and transportation. Researchers in the Aquatics Species Project focus on the use of microalgae as a feedstock for producing renewable, high-energy liquid fuels such as diesel. It is important for the United States to develop alternative renewable oil sources because 42% of the current energy market in the United States is for liquid fuels, and 38% of these fuels are imported. In 1979, the US Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) initiated the Aquatic Species Project as part of the overall effort in biofuels. The project began to focus exclusively on fuels from microalgae in 1982. Estimates show that the technology being developed by the project can provide as much as 7% of the total current energy demand. The program`s basic premise is that microalgae, which have been …