Abstract: As a renewable, sustainable and alternative fuel for compression ignition engines, biodiesel instead of diesel has been increasingly fueled to study its effects on engine performances and emissions in the recent 10 years. But these studies have been rarely reviewed to favor understanding and popularization for biodiesel so far. In this work, reports about biodiesel engine performances published by highly rated journals in scientific indexes, were cited preferentially since 2000 year. From these reports, the effect of biodiesel on engine power, economy, durability and the corresponding effect factors are surveyed and analyzed in detail. The use of biodiesel leads to the imperceptible power loss, the increase in fuel consumption and increase in break thermal efficiency in conventional diesel engines with no or fewer modification. And it favors to reduce carbon deposit and wear of the key engine parts. Therefore, the blends of biodiesel with small content in place of petroleum diesel can help in controlling air pollution and easing the pressure on scarce resources without significantly sacrificing engine power and economy. However, many further researches about optimization and modification on engine, low temperature performances of engine, new instrumentation and methodology for measurements, etc., should be performed when petroleum diesel is substituted completely by biodiesel.