London (PRWEB) October 23, 2012
The Natural Gas Vehicle Market in North America has gained tremendous momentum over the past year. With Fleet Operators, Natural Gas Utilities and C-Store’s alike investing hundreds of millions of dollars to develop infrastructure and switch their fleets to Natural Gas. Support at the state and federal level is stronger than it has ever been with a series of states and cities implementing policies and providing investment to help fuel the development of the NGV industry nationwide. What’s becoming increasingly clear to all stakeholders is that NGV’s are here to stay, and not only that, they are increasingly seen as the most realistic alternative fuel to Diesel to power North America’s transportation market.
However what is also clear is that the main hurdle impacting the wider adoption and growth of this market is a lack of refuelling infrastructure availability.
“Only 519 public natural gas filling stations are currently in operation across the U.S., of which there are only 11 in Pennsylvania, which sits atop the Marcellus Shale, the most productive natural gas field in the U.S – I think these numbers are frankly pathetic” John Hangar, Former Secretary of State Department of Environmental
Responding to this demand major companies are already beginning to stake their claim to this industry with significant investment from the likes of Clean Energy, Shell, Encana, Travel Centers of America, AGL Resources, Kwik Trip, Chesapeake Energy, SoCalGas and Love’s Travel Store’s to name a few who are all vying to capture a share
of the NGV fuelling market.
In this mini report FC Business Intelligence seek to provide an overview of the market currently and to look into detail at the various ways in which different stakeholders are working to drive the industry forward and develop supporting refuelling infrastructure for this burgeoning market. Companies featured include SoCalGas, Apache, Drive Natural Gas Initiative, Dillon Transport, Chesapeake Energy, NGV Global, Waste Management and more. To download a copy of this free mini report please visit here http://tinyurl.com/NGVPR if you’re involved or looking to be involved in the fast growing NGV market this is a must read report for you.
For more info please visit http://tinyurl.com/NGVPR