Sustainability initiatives have helped in reducing greenhouse emissions and noise levels along with obtaining low costs for fuel.
Governments and private companies have been taking various initiatives with sustainability in mind. These initiatives have helped in reducing greenhouse emissions and noise levels along with obtaining low costs for fuel. Philadelphia International Airport (PHL) took an initiative that involves shifting its vehicles from diesel to compressed natural gas (CNG) for reducing emissions. A London-based delivery firm Hermes bought 30 trucks operating on bio-CNG. Moreover, UPS Canada is driven by an aim to run nearly 50% of its fleet on alternative fuels by the end of 2018. The industry for CNG is booming with various sustainability initiatives. According to the research firm, the global compressed natural gas market would reach $36.03 billion by 2023. Following are some of the recent activities taking place in the industry that would shape the industry in the next few years:
PHL to opt for CNG-powered buses:
Shifting focus to CNG vehicles would help in achieving reliability and reducing emissions. Philadelphia International Airport (PHL) has shifted its vehicles from diesel to compressed natural gas (CNG) for reducing emissions. This is a part of the sustainability initiative, which would also lower noise levels and fuel costs. First Transit, which provides shuttle bus services at PHL, has entered a seven-year deal with Clean Energy to supply CNG to its buses. Raymond Blethen, Northeast director of operations at First Transit, outlined that airport transit vehicles have very limited areas such as parking lots, where noise pollution and carbon emissions would impact passengers greatly. The shuttle buses running on CNG make 90 percent lesser noise than diesel vehicles and reduce CO2 emissions by nearly 20 percent without producing fumes. The usage of CNG also improves the reliability of vehicles in the winter season along with offering a cleaner maintenance and stable fuel costs.
Delivery firms aim for reducing CO2 emissions
Delivery firms have been taking initiatives to reduce the carbon footprint. A delivery firm from London, Hermes, has purchased 30 trucks that will be operating on bio-CNG. This will make the firm the first delivery firm to be operated entirely on renewable biomethane. The CNG for these new vehicles will be provided by CNG Fuels. There will be 30 new Iveco HGV tractor units that have been introduced after a six-month trial period. Each vehicle would reduce the greenhouse gas emission by nearly 80% as compared to diesel vehicles. The firm aims for lowering CO2 emissions by 50% by 2020. This CNG fleet would help the company in achieving the aim. Martijn de Lange, CEO of Hermes UK, outlined that the firm is committed to help London on improving air quality and support on achieving a zero-emission future. This initiative would help the capital city and the country in reducing the carbon footprint.
UPS Canada also dived into the trend of utilizing vehicles operating on CNG with an aim to run nearly 50% of its fleet on alternative fuels by the end of 2018. The company added seven CNG highway tractors along with 40 delivery trucks. A CNG fueling station has been installed in Vancouver, B.C. with a collaboration of FortisBC. Roger Dall’Antonia, CEO of FortisBC, stated that Vancouver is the first Canadian province selected by UPS Canada for deploying natural gas vehicles with the help of the incentive funding offered by FortisBC. This funding would help in buying new CNG vehicles along with developing and operating a fueling station. This step would play a significant role in lowering greenhouse gas emissions throughout the fuel life cycle and shrink overall carbon footprint.
Source- https://www.alliedmarketresearch.com/compressed-natural-gas-market