Bulktransporter Com Sites Bulktransporter com Files Uploads 2015 02 Comment Art B Tv8
Bulktransporter Com Sites Bulktransporter com Files Uploads 2015 02 Comment Art B Tv8
Bulktransporter Com Sites Bulktransporter com Files Uploads 2015 02 Comment Art B Tv8
Bulktransporter Com Sites Bulktransporter com Files Uploads 2015 02 Comment Art B Tv8
Bulktransporter Com Sites Bulktransporter com Files Uploads 2015 02 Comment Art B Tv8

Natural gas use in trucks growing despite falling diesel prices

Nov. 12, 2014
With the natural gas powered vehicle market seemingly stalled as diesel fuel prices continue to drop, ACT Research has released the results of its updated research on US natural gas transportation fuel trends in the heavy duty truck market. Looking at the most likely adoption curve, NG heavy class 8 penetration is expected to total 23% of the units sold in 2025.

With the natural gas powered vehicle market seemingly stalled as diesel fuel prices continue to drop, ACT Research has released the results of its updated research on US natural gas transportation fuel trends in the heavy duty truck market. Looking at the most likely adoption curve, NG heavy class 8 penetration is expected to total 23% of the units sold in 2025.

If the total new US class 8 truck/transit bus market is 200,000 units that year, then the NG market will be a strong 46,000 units. Says Ken Vieth, ACT Research’s senior partner and general manager, “that’s a large quantity that will be shared by those with an understanding of tomorrow’s truck transportation needs and plans to get there. Depending upon the emissions and greenhouse gas needs of the nation and the regulations put in place in coming years to achieve those needs, NG penetration could even be higher since NG is equally available and is a cleaner, cheaper (CPM) fuel than diesel.”

The report entitled, “NG Reality Check: Moving from Infancy to Adolescence,” published in October 2014, is a comprehensive, forward-looking long-term analysis on the use of natural gas as fuel in US heavy Class 8 truck transportation. The report provides forecasts, insights and supporting analysis on major trends already taking place such as:

• NG engine technologies (spark, HPDI, dual fuel)

• NG fuel preference (LNG, CNG, DME)

• Infrastructure design (fuel only to full service and fuels)

• Emerging infrastructure investors and early NG adopters

• ROI adjustments as fuel cost spreads and up-charges change

• MPG versus CPM (cost per mile)

• Shipper-trucker relationships from contracts to diesel fuel surcharges to going green, and more

ACT published its first comprehensive NG study in 2012. This report was more bullish than today’s report, reflecting the enthusiasm of the moment that included planned market and product development that has been slow to materialize with a narrowing fuel price spread and improving diesel engine fuel economy gains.

“The previous long-term penetration over-statement does not mean NG has not grown. It has and will continue to grow, but at a slower rate the next few years,” said Vieth. “NG Class 8 truck/transit bus penetration was 3% in 2013 and should reach 4% in 2014, or about 11,000 units.”

Anyone interested in learning more about the project may contact ACT Research at 812-379-2085 or via email at [email protected]. And to test NG payback options, access the FREE ACT Research Truck Fuel Payback Calculators & NG DGE Pump Price Calculator at http://calc.actresearch.net/.

Related