Is the price of compressed natural gas its main advantage over other fuels?
Presently, many transportation companies or companies that operate heavy vehicle fleets have already adopted compressed natural gas as their main fuel for trucks.
This is because it has become an increasingly serious alternative to traditional fuels, in part because of its affordable price. But is this really its biggest advantage over other fuels?
Savings made by adopting compressed natural gas
It has been shown that carriers who have adopted CNG to power their vehicles have been able to save significant amounts of money, with some having reduced their fuel costs by 35%. A number of different factors come into play to account for this difference.
The selling price of compressed natural gas
The selling price of natural gas is cheaper than diesel, which reduces annual consumption costs by nearly 30%.
In addition, the price at the CNG pump fluctuates very little compared to petroleum products. According to financial market consensus, its price is even expected to remain low for the next 10 years.
With a CNG engine, there is no need for an expensive emission control system
In an attempt to combat climate change, many governments require carriers to meet certain environmental standards. In many cases, they are forced to install expensive emission control systems on their trucks.
Since compressed natural gas is a much cleaner fuel than diesel, heavy trucks that run on CNG do not require particulate filters or selective catalytic reduction systems to comply.
CNG provides more than just economic benefits
Naturally, economic arguments play a major role when it comes to choosing one energy source over another. However, when compared with other fuels, CNG tends to be one step ahead on many other levels.
Reduced environmental impact
As mentioned above, CNG engines are cleaner than diesel engines. In fact, they emit about 25% less greenhouse gases, while virtually eliminating fine particle emissions that are dangerous to human health.
They also emit very little nitrogen oxides, making CNG vehicles a major contributor to the fight against smog.
A reduction in noise pollution
Compressed natural gas buses and trucks have another advantage over fossil fuel vehicles: they are less noisy. On average, a CNG vehicle will be about 10 decibels quieter when compared to its diesel equivalent.
Switch to compressed natural gas and enjoy all these benefits!
In conclusion, even though the price factor is often the driving force behind companies’ adoption of CNG, the fact remains that this fuel has many other qualities that make it worthwhile.
If you want more information or would like to discover even more advantages of switching to compressed natural gas, please do not hesitate to contact the EBI team.