IS NATURAL GAS FINALLY ACCELERATING AS A TRANSPORTATION FUEL?

摘要

Natural gas is well positioned for growth based on the convergence of attractive features in market segments driven by changes in energy supply, demand, and price. Along the transition to a mainstream fuel, natural gas is being accelerated due to OEM investments in technology, emerging regulatory certainty and industry efforts to build and stimulate markets. Part of our confidence in natural gas for the global (or just North American) transportation market is driven by the potential we see in HD trucking and high horsepower applications such as rail, and marine. Historic transitions and shifts in similar industries have helped to identify indicative attributes of favourable adoption of alternative fuel sources. It is known that changes in fuel sources will be driven primarily by opportunities for cost savings. Going forward, the fundamental market conditions in the rail industry to facilitate another change in fuel source, and demand for marine applications will increase based on infrastructure and global market developments. We believe that the future is bright for natural gas in the transportation fuel industry. There are numerous paths to market adoption and growth that can be capitalized on, given the right combination of innovation and opportunity identification.