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The Pentagon is reportedly funding research that could result in some of its vehicles being powered by algae-based biofuel.

A Press report notes that the University of Utah has received government funds to develop a biofuel that would cost under $3 per gallon while providing up to 50 million gallons per year to help power military vehicles.The two companies in the San Diego area have also received contracts to develop a biofuel that is compatible with current military vehicles.

The algae is said to be a desirable biofuel component because it grows quickly and produces a substantial amount of fatty oils while also offering the potential to defray the military’s annual $12 billion fuel bill.

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