TheUSmilitary is becoming a major player in biofuels and renewable energy markets,USSenator Mark Udall (Democrat-Colorado), said on Sunday on the all-energy news and talk program Platts Energy Week.
The Department of Defence in 2011 bought 450,000 gallons of biofuels for fighter jets and other aircraft and it plans to become an even bigger buyer in the years to come. The Army, which spends more than one billion dollars per year to power its facilities, is looking more at solar, wind and other forms of renewable energy to cut that cost and the Navy is focusing on using biofuels and other alternatives to meet half its energy needs by 2020.
While these alternatives are costly compared with conventional fuels, the effort to invest in the new technology is worth it, Mr Udall, a member of the U.S. Senate Armed Services, Select Intelligence and Energy & Natural Resources Committees, said.
“I think the Pentagon should continue to invest in biofuels … in the long run, it’ll be cheaper. The forces we have to deploy overseas to protect oil supply lines can be reduced … as fossil fuel prices increase