Report: CNG remains competitive in alternative fuel market

By Arlene Karidis, Waste Dive.

  • A new report by BCC Research examines 10 alternative fuels for commercial vehicles and shows that compressed natural gas (CNG) has remained competitive, even as diesel fuel costs are lower. This is especially true for fleets that compress fuel with their own equipment, using their own natural gas utility-pipe connection, and or if they run their fleets on their own biogas.
  • CNG did not hold up well against very low oil and diesel prices when this alternative fuel was bought at truck stops, though if companies purchase half of their CNG at truck stop prices they will achieve a 3-year payback.
  • The new data showed biogas is "probably always a favorable proposition—no matter how cheap diesel prices are," according to Jon T. Gabrielson, author of the report, as reported in Trucking Info.