Plants Engineered to Replace Oil in Sugarcane and Sweet Sorghum (PETROSS), funded by the Advanced Research Projects Agency - Energy (ARPA-E), has developed sugarcane that produces oil, called lipidcane, that can be converted into biodiesel or jet fuel in place of sugar that is currently used for ethanol production. With 20% oil – the theoretical limit – all of the sugar in the plant would be replaced by oil.

It is estimated that the biofuel would cost the airline industry $5.31/gallon, which is less than most of the reported prices of renewable jet fuel produced from other oil crops or algae.