A group of more than 30 farmers gathered in Charlottetown Wednesday night to explore the possibility of building their own biodiesel plant.

The proposal is for the plant to be owned by farmers. It would crush oil from canola grown by Island farmers and mix it with diesel to create a fuel that could run vehicles and heat buildings.

"I think there will be a core group come together," said Lyndale farmer Fred Martens. He has been pushing the idea since attending a workshop in the fall. He is also hopeful about finding a community to host the plant.

"There may be some communities that see the benefit of this from an economic standpoint that will come on side, communities that feel green is the way to go. There are some communities, Stratford is very interested in that type of arrangement."

Martens has secured $60,000 for research from the federal government, but if the study is to go ahead, he has to get another $15,000 from farmers or other sources. He and others supporting the project are meeting with Environment Minister Jamie Ballem Thursday.

The P.E.I. government has legislated that 30 per cent of the province's energy needs must come from renewable energy by 2016.