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Secretary of the Navy Sets Target for 50% of Total Energy Consumption from Alternative Sources by 2020; Role for Biofuels and EVs

Green Car Congress

Another of the five goals is for the Department of the Navy to reduce petroleum use in its 50,000 strong commercial fleet by half by 2015. The lifetime energy cost of a building or a system, and the fully burdened cost of fuel in powering those, will be a mandatory evaluation factor used when awarding contracts.

2020 308
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Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

Green Car Congress

Iran and Pakistan are expected to rank second and third, respectively. More and more fleet managers are attracted to the lower fuel costs of natural gas, in addition to the opportunity to reduce their vehicles’ carbon footprint. CAGR between 2010 and 2016). China will see strong growth (20.8% Pike senior analyst Dave Hurst.

2016 218
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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

Green Car Congress

Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. The fuel has to be cheaper than gasoline/diesel to recover the additional cost of the vehicle within a reasonable amount of time. The reasons for NGV market growth vary for each country, according.

2015 268
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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

In the US, the MIT report notes, only 0.15% of natural as is used as a vehicle transportation fuel; 32% of consumption is in the industrial sector, and 35% is in the residential and commercial sectors. On the other hand, natural gas derived gasoline and diesel have the advantage of being drop-in fuels, but carry a higher conversion cost.

MIT 299
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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Despite growth of the market as a whole, the US NGV market is expected to remain dominated by fleet sales to government and commercial customers (89% of sales in 2015). to reach just over 3 million vehicles (including conversions) by 2015.

2015 170
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Surge in natural gas vehicles predicted

Green Cars News

Currently, the top five markets for natural gas vehicles are Pakistan, Argentina, Iran, India and Brazil with Pike Research anticipating that India will be the fastest growing market at a rate of 18.4 It has also forecast that the market will grow globally at a rate of 5.5 per cent to reach just over three million vehicles by 2015.

Gas 36