There are many stories about LNG. Some say its the stuff dreams are made of, others say its a devils brew and there are many stories in between. Make no mistake – LNG is a complex business. However, its also a business with half a century of operating history so the issues are well understood and managed. It also has an unmatched safety record compared to the energy industry. Our mission is to educate and to remove false rumors and suspicions. We help those charged with regulating the LNG sector and the market players for it to become a solid fueling solution.
Ever since the diesel scandal broke, the transport industry must ask what the next big transportation technology is. E-Trucks are experimental, heavy, very expensive and have an extremely short range. Hydrogen is still more a research project rather than a solution fit for daily use. Diesel – the backbone of transport – looks like a risk today. You need something that does everything that diesel does – minus the pollution. You need LNG.
Even solutions designed to achieve climate targets must face the test of economics. They must also pass that test. It’s not important what technology might or not be the best. The only thing that matters what appropriate means can be employed in order to attain climate targets efficiently.
Mag. Wilhelm Molterer, Executive Director, European Fonds for Strategic Investments (EFSI)
Even in the most advanced countries, LNG as a fuel has been a very exotic option so far. Many countries have opened their first LNG fueling stations only recently. However, the last couple of years have been very exciting as LNG goes mainstream.