Description: Section 501 of the 1992 Energy Policy and Conservation Act (EPACT) mandates that alternative-fuel providers who may sell such fuels for transportation uses acquire alternative-fuel vehicles (AFVs). The potential impacts of this mandate on the two largest groups of alternative-fuel providers--electricity and natural gas (NG) providers--are presented. Nationwide, 166 electric-only utility companies, 127 NG-only utility companies, and 55 dual-utility companies will be covered by EPACT. Together, these companies own/operate nearly 122,000 light-duty vehicles in the EPACT-defined metropolitan areas. Some 63 natural gas producers and transporters, which have 9700 light-duty vehicles, are also covered. We project that covered fuel providers will purchase 2710 AFVs in 1996 and 13, 650 AFVs by 2001. We estimate that natural gas companies already have 19.4% of their existing light-duty vehicle stocks as AFVs, dual companies have 10.0%, natural gas producers and transporters have 7. 0%, and electric companies have only 1.6%. If the existing AFVs count toward meeting the Section 501 requirements, NG providers (NG utilities, dual utilities, and NG producers and transporters) will need to make little additional effort, but electric companies will have to make substantial commitments to meet the requirements.
Date: March 1, 1996
Creator: Vyas, A.D. & Wang, M.Q.
Item Type: Refine your search to only Article
Partner: UNT Libraries Government Documents Department