Electrification coming, alt fuels continue to expand

Posted on 07. Mar, 2017 by in Press Releases

COLUMBUS, IN –  According to the U.S. Department of Energy (DOE), five firms will split $18 million in grant funding to advance plug-in electric technology for cars and heavy-duty vehicles, as noted in the N.A. On-highway CV Engine Outlook, by Americas Commercial Transportation (ACT) Research and Rhein Associates. The N.A. On-highway CV Engine Outlook is designed to present historical trends, current activity and forecasts of engine demand in on-highway commercial vehicles. The report analyzes significant trends in engine displacement, engine type (diesel, gasoline, natural gas, and other), captive versus non-captive engines, and premium versus non-premium power for Class 8 vehicles.

“The money is meant to improve energy security, reduce emissions, and enhance local and regional economies, according to information released on December 22,” said Tom Rhein, President of Rhein Associates. He added, “Funding from the department’s Office of Energy Efficiency and Renewable Energy is directed to projects that advance development and deployment of efficient and renewable technologies, as well as market-based innovations to enhance energy security.”

Gevo, Inc. announced that the U.S. Environmental Protection Agency has approved the pathway for isobutanol produced at Gevo’s Luverne, Minnesota, plant to be an advanced biofuel under the Renewable Fuel Standard Program (RFS). This is the first time that the EPA has approved a pathway for an advanced biofuel that uses starch from feed corn to produce an alcohol. With a partial substitution of fossil-based energy sources that are currently used at the company’s Minnesota plant with green energy sources, such as biogas, it should be possible for Gevo to achieve the 50% or greater greenhouse gas emissions reduction needed to claim the advanced D5 Renewable Identification Number (RIN), according to the pathway approval.

A RIN is a serial number assigned to biofuels for the purpose of tracking their production, use, and trading, as required under the RFS. RINs can be sold and traded, and as a result, carry a monetary value, which is linked to the biofuels that generate the RINs.

Rhein Associates is a major supplier of powertrain information to worldwide clients enabling accurate and informed business decisions and marketing plans. RAI produces 3 major publications: The Rhein Report (leading monthly newsletter), The Future of Diesel Engines (5 year history and forecast book), and various engine databases as well as accomplishing various consulting projects.

ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community.

For more information on the N.A. On-Highway CV Engine Outlook report, please visit www.actresearch.net.

 

 

Media Contact:

Donavan Gerken

812-379-2085

dgerken@actresearch.net