Tag Archives: NACS Show

What is the Future of Fuels?

NACS 2014 Report - The Future of FuelsNACS “Future of Fuels” Report

 

The newly released NACS “Future of Fuels” report offers an analysis  of U.S. government projections through 2040.


NACS
is the Association for Convenience and Fuel Retailing. NACS researches and writes reports for the fuel retailing market. If you’re interested in Liquid Fuels, Renewable Fuels, Non-Liquid Fuels, Natural Gas, Propane, Electricity, Hydrogen, there are details and even future pricing information included in the report.  The “Future of Fuels 2014” seeks to determine how EIA’s projections will directly affect the retail fuels market, consumer use of specific types of light duty vehicles, and the pace at which alternative fuels may gain market share.

A few key highlights are:

  •  Gasoline will remain the dominant fuel powering light duty vehicles through 2040
  • Liquid fuels — gasoline, diesel fuel and E85 — remain the overwhelmingly dominant energy sources for light duty vehicles, contributing more than 99% of total energy consumed by light duty vehicles, and they are projected to remain above 99% market share in 2040
  • In the vehicle market, the share dominated by gasoline-powered vehicles will drop 14% to 79.9%; market share will increase for diesel powered and flexible fuel vehicles (capable of running on gasoline and E85), reaching 4.1% and 10.7%, respectively
  • Current biofuels — ethanol and biodiesel — are forecast to increase from a 2012 supply of 13.58 billion gallons to 15.87 billion gallons in 2040. By 2040, EIA forecasts the availability of 225 million gallons of cellulosic ethanol
  • Non-liquid fuel alternatives — natural gas, propane, electricity and hydrogen — will increase their total contribution to the light duty vehicle energy consumption by 125%, but still only contribute 0.7% of the energy consumed by 2040
  • Electricity is projected to experience the strongest growth in the non-liquid market, increasing its share of non-liquid LDV energy from 2. 5% to 38.5%
  • Hybrid vehicles are forecast to capture the greatest share of the LDV market, growing from 1.1% to 4.4%

If you have questions, contact TAIT. We’ll be happy to provide additional information and to put you in touch with NACS. Going to the PEI/NACS Show? Meet us there! TAIT will have a booth and is scheduling meeting times with our clients and potential clients now.

2014 NACS Show image of 24,000 attendees to network with in the fueling industry

The Fuels Institute, founded by NACS in 2013, is a non-profit research-oriented think tank dedicated to evaluating the market issues related to consumer vehicles and the fuels that power them.Learn more about  The Fuels Institute – Pursuing sustainable transportation energy solutions.

NACS Demystifies the Fueling Experience –  The new 2014 NACS Retail Fuels Report is the largest and most comprehensive ever developed, with more than two dozen backgrounders examining every element of the retail fuels industry.  Learn More

 

TAIT Preps for NACS/PEI Show – Starting This Weekend!

Are you attending the PEI Convention OCTOBER 12th – 15th, 2013 at the NACS Show? Come see TAIT  in booth #4552!

This weekend, TAIT associates Melanie Nelson, Al Throckmorton and Dennis Tweedy head to Atlanta, Georgia from around the country to meet with more than 24,000 industry professionals from 65 countries — all seeking or offering the newest innovations, education and conversations about today’s important industry trends and issues.

The Petroleum Marketers Association of America (PMAA) has held its Fall Meeting as part of the NACS Show since in 1995 and the Petroleum Equipment Institute (PEI) has held its annual meeting as part of the NACS Show since in 2002. Last year’s event the NACS Show 2012, was great and we expect this year’s turnout and events to be even better!

A few events we are looking forward to and hope to see you at are:

PEI Events

PEI After-Hours Lounge – Saturday, October 12, 5:30 p.m.-7:30 p.m. – Sunday, October 13, 5:30 p.m.-7:30 p.m. – Westin Peachtree Plaza, Lobby Bar PEI’s After-Hours Lounge is the perfect place to come and unwind after a day at the show. Catch up with old acquaintances or make new ones before venturing off to dinner or nightlife in Atlanta.

PEI’s Membership Breakfast

PEI Industry Reception – Monday, October 14, 5:30 p.m.-7:00 p.m. – GWCC, Building B, Level 2 Concourse, top of escalators outside of Fuel Equipment & Services area The PEI Industry Reception is the number one networking event of the week! This event provides the best opportunity to socialize with PEI friends while enjoying complimentary food, live music and beverages. Your PEI badge is your ticket. No extra charge to attend.  

Here is PEI’s full Schedule of Events

Here is NACS full Schedule of Events

NACS Show Kickoff Party

Sunday Funday

NACS Closing General Session featuring Hillary Rodham Clinton

As convenience and fuel retailing’s premier industry event, the NACS Show offers unmatched opportunities for buyers and sellers to come together, conduct business and learn from one another — all in an environment rich with new ideas and new partnerships.

Contact us to learn more about what TAIT has to offer, or meet us at NACS! Reach out for a tour, we’ll be happy to show you around.