In international news, French clean energy solutions provider, Engie, has committed $114 million for the initial development of Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) stations over the next four years.
Natural gas: transportation fleets moving towards greener fuels
These natural gas stations will be developed to support efforts in transitioning European fleets of trucks from diesel to alternative clean sources of fuel such as natural gas and biogas.
Engie said in a company statement that this investment will cover the building of 30 CNG stations in France and nearly 70 LNG stations in several European countries.
[quote]In addition to changing behaviours around land transportation, the listed company is promoting LNG as a marine fuel as well, with a bunkering vessel designed in partnership with NYK and Mitsubishi Corporation to be operational by the end of 2016 in Zeebrugge, Belgium.
In addition, LNG will be supplied by truck to waterway barges on the Rhine river, with plans to build a fixed LNG station both for ships and trucks in the port of Antwerp, Belgium.
Energy game changer?
The French company said in a company statement: “Gas is an enabler of energy transition for a greener mobility: CNG and LNG are proven and cost-effective solutions to reduce the emissions of pollutants and noise in usages suitable to the short, medium and long distance transport of persons and goods.
“In Europe, the existing number of 3,000 CNG and 75 LNG filling stations is to be further expanded and Engie believes that gas mobility is the economic already-available solution of choice for heavy-duty vehicles, towards a greener mobility.”