The UK has vast reserves of natural gas and a national distribution network that provides safe and easy access to these gas volumes.
Compressed natural gas - CNG - is natural gas that is taken from the pipeline and compressed to a fraction of its volume without losing its energy potential. Trucks and buses fueled by CNG can travel up to 350 miles between refuelings.
CNG is an environmentally friendly and fundamentally economical fuel that is currently best suited for the commercial vehicle sector, such as municipal and private waste management vehicles, bus fleets and delivery vehicles for large distribution chains.
The transport sector is the largest source of carbon dioxide emissions in the UK. In 2019, they accounted for 34% of the UK's total greenhouse gas emissions, of which 4.5% was specifically from trucking.
The five refueling stations currently operated by CNG Fuels provide a low-carbon, low-cost alternative fuel source for truck operators looking to switch from diesel to natural gas. Over the next two years, the company will add 14 new refueling stations across the UK to its strategic network, responding to growing demand for renewable fuels from major brands and enabling significant reductions of more than 80% in carbon emissions from vehicle fleets.
While the government is committed to maintaining a clear advantage for gas vehicles until 2032, Bio-CNG will be favorably positioned in terms of fuel tax compared to diesel vehicles. This provides a financial incentive for fleet operators to switch to CNG and gain access to a fuel that is 35% to 40% cheaper.