Little attention has been given to the boiling of emulsions compared to that of boiling in pure liquids. The advantages of using emulsions as a heat transfer agent were first discovered in the 1970s and several interesting features have since been studied by few researchers. Early research focuses primarily on pool and flow boiling and looks to determine a mechanism by which the boiling process occurs. This thesis looks at the boiling of dilute emulsions in fluids with strong buoyant forces. The boiling of dilute emulsions presents many favorable characteristics that make it an ideal agent for heat transfer. High heat flux electronics, such as those seen in avionics equipment, produce high heat fluxes of 100 W/cm2 or more, but must be maintained at low temperatures. So far, research on single phase convection and flow boiling in small diameter channels have yet to provide an adequate solution. Emulsions allow the engineer to tailor the solution to the specific problem. The fluid can be customized to retain the high thermal conductivity and specific heat capacity of the continuous phase while enhancing the heat transfer coefficient through boiling of the dispersed phase component. Heat transfer experiments were carried out with FC-72 in water emulsions. FC-72 has a saturation temperature of 56 °C, far below that of water. The parameters were varied as follows: 0% ≤ ≤ 1% and 1.82 × 1012 ≤ RaH ≤ 4.42 × 1012. Surface temperatures along the heated surface reached temperature that were 20 °C in excess of the dispersed phase saturation temperature. An increase of ~20% was seen in the average Nusselt numbers at the highest Rayleigh numbers. Holography was used to obtain images of individual and multiple FC-72 droplets in the boundary layer next to the heated surface. The droplet diameters ranged from 0.5 mm to 1.3 mm. The Magnus effect was observed when larger individual droplets were injected into the boundary layer, causing the droplets to be pushed outside the boundary layer. Vaporization of FC-72 droplets in the boundary layer next to the heated surface was not observed.