CHICAGO — From electric vehicles (EVs) to dairy biomethane, alternative fuels are on the rise.
Electric charging and other alternative fuels have a long way to go before they can be competitive with gasoline. However, multiple energy firms and associations have recently made investments or commitments to increase the availability of EV charging and other gasoline alternatives.
Here are five recent examples of the rise of alternative fuels …
Detroit-based DTE Energy and Consumers Energy are joining in a pledge to make interstate travel easier for EV owners by 2022. Six energy companies will join in facilitating the construction of a network of fast charging stations across the Midwest from Michigan to Kansas, making it possible for EV owners to drive longer distances without worrying about their next charge.
Gilbarco Veeder-Root, based in Greensboro, N.C., is rolling out the Amps2Go Series F7, which complements Gilbarco’s existing charging products and marks another step in making EV charging broadly accessible to its commercial and industrial (C&I) customers.
Brightmark LLC and Chevron U.S.A. Inc. are forming a joint venture, Brightmark RNG Holdings LLC, to own projects across the United States to produce and market dairy biomethane, a renewable natural gas (RNG).
Equity investments by each company in the new venture will fund construction of infrastructure and commercial operation of dairy biomethane projects in multiple states. Chevron will purchase RNG produced from these projects and market the volumes for use in vehicles operating on compressed natural gas.
The U.S. Department of Agriculture (USDA) has invested $22 million out of the up to $100 million in grants available to increase American ethanol and biodiesel sales, a move that already is affecting the fuel forecourt at some convenience stores and gas stations. These funds were made available through the Higher Blends Infrastructure Incentive Program (HBIIP) to recipients in 14 states. The initial $22 million in HBIIP investments are projected to increase ethanol demand by nearly 150 million gallons annually.
The Petroleum Marketers Association of America (PMAA) has declared a “new era” for its members and the fuels industry and, as a result, has renamed itself the Energy Marketers of America (EMA).
The name change reflects the industry’s growing portfolio of liquid fuels and other alternative energy sources such as renewable diesel and biodiesel that have “played a critical role in lowering emissions over the past half century,” said the Alexandria, Va.-based group, a federation of state and regional trade associations that collectively represent about 8,000 independent petroleum marketers. “Through innovation and technological advancement, they will continue to reduce emissions further in the coming decades.”
Get today’s need-to-know convenience industry intelligence. Sign up to receive texts from CSP on news and insights that matter to your brand.
CSP’s Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. Welcome to a deep dive into the c-store landscape.
Category sales performance in Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks.
The industry’s largest distributors by sales volume
The latest information on products and trends in the convenience-store and foodservice industries.
Peek inside new convenience stores to uncover the best in retail store design across North America.
Corporate retail news affecting the convenience-store industry