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.
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
PEI / NACS is a great show we consistently attend, rated Top 10 again last year. Do you have plans to attend? Contact us now and let’s discuss how we can do business together, and perhaps plan a time to meet up while we are in Atlanta.
NACS Show Kick-Off Party | Saturday, October 12 | 5:30 pm – 7:00 pm
Held on Atlanta’s “Restaurant Row,” the kick-off party will have planned entertainment and all attendees are eligible for a “Golden Ticket,” where winners will receive a limo party, spending money and access to exclusive parties all week. Tickets for the event are included in full registrations.
NACS Show Tailgate Party Sunday | October 13 | 5:30 pm – 6:45 pm Attendees can stop by the Hall C lobby of the Georgia World Congress Center to watch NFL games and highlights on flat-screen TVs, as well as participate in onsite games and activities. Registration is free for all attendees.
NACS Show 2014 Launch Party | Monday, October 14 | 5:30 pm – 6:45 pm The Launch Party is also in the Hall C lobby of the GA WCC and will feature bands and other entertainment. The event allows attendees to learn more about other industry events that can help grow their business in 2014 and beyond. Registration is free for all attendees.
Chip Conley will be speaking at NACS this year. Chip is a best-selling author and acclaimed motivational speaker. He founded Joie de Vivre, California’s largest independent hotel company and America’s second-largest boutique hotelier, with over 40 unique and award-winning hotels, restaurants and spas.