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Navigant forecasts global natural gas fleet of 34.9M by 2020

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Other factors, such as increased vehicle availability, a shortage of oil refining capabilities, tightening emissions restrictions, and increased energy security, are also fueling growth within specific countries. The differential in the cost of the fuels determines the payback on this additional equipment (currently between 2.5

2020 321
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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 million vehicles in 2015 to 3.9 million in 2025. million, accounting for 2.6%

2015 150
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MIT and IEA reports take different views of the future of natural gas in transportation

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Because of the lower carbon/hydrogen ratio of methane (CH 4 ) relative to gasoline, CO 2 emissions from the combustion of natural gas are approximately 75% of those of gasoline for a given amount of energy production. emissions are reduced by around 25% relative to the use of gasoline for the same engine efficiency. million bpd of oil.

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

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Light-duty NGVs are not readily available in North America and parts of Asia, and are, in many cases, completely unavailable to private owners, the report notes. Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. Availability.

2015 268
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Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

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Iran and Pakistan are expected to rank second and third, respectively. The potential for new emissions regulations on both light duty and medium- and heavy-duty vehicles and the passage of some form of the NAT GAS Act early in 2011 are expected to contribute to the US growth. CAGR between 2010 and 2016).

2016 218
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IEA working paper highlights potential role of natural gas in reducing global road transport CO2

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A new working paper published by the International Energy Agency (IEA) concludes that natural gas can play a significant role in cutting on-road vehicle carbon dioxide emissions, but that over the long term there will need to be a commitment to transition to very low CO 2. Tags: Climate Change Emissions Heavy-duty Natural Gas.

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

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The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. This rapid expansion will largely be due to the availability of refueling stations and the growth of government emissions rules in large cities in India. Pike Research anticipates India will be the fastest-growing NGV market with a CAGR of 18.4%

2015 170