Will there be a natural gas vehicle revolution due to low cost CNG refueling station from GE?
Natural gas is cheap and abundant thanks to the controversial technique, hydraulic fracturing (a.k.a. fracking) that has led to a boom in natural gas production. While use of natural gas increases greenhouse gas emissions, and desequesters carbon that was sequestered millions of years ago, it is thought to be cleaner than gasoline or diesel. The problem with natural gas adoption is a lack of refueling infrastructure for public, and those of us with electric cars have it good compared to the infrastructure for natural gas vehicles (NGV). General Electric is looking to fix that problem with a new at-home refueling station for natural gas vehicles being developed in part with government funding through ARPA-E.
The GE project is part of a larger group of ARPA-E projects which are collectively known as Methane Opportunities for Vehicular Energy (MOVE). The bakers dozen (13) of MOVE projects are to receive a total of $30 million in funding, and are expected to find new ways of harnessing the now abundant natural gas supplies for cars and trucks and expand the use of natural gas as a vehicle fuel.