LAS VEGAS – GE and Peake Fuel Solutions, an affiliate of Chesapeake Energy Corporation, launched the CNG In A Box system, which is designed to allow easier adoption of compressed natural gas (CNG) refueling options for large- and small-scale retailers. The solution was unveiled at the National Association of Convenience Stores (NACS) 2012 Annual Show.
Vehicle fleet operators using the CNG In A Box system, a plug-and-play on-site fueling solution, can save about 40 percent in fuel costs, according to the companies.
The CNG In A Box system compresses natural gas from a pipeline into CNG on-site at a traditional automotive fueling station or industrial location. CNG-powered vehicles such as taxis, buses or small trucks, as well as individual consumer vehicles, can then refill their tanks using a dispenser with the same look and feel as a traditional diesel or gasoline dispenser.
Financing for the CNG In A Box system is offered by GE Capital. By combining an entire acquisition—including equipment, delivery and installation—into a single monthly payment, Peake Fuel Solutions’ customers can work with a single provider to acquire, finance, and maintain their CNG In A Box system.
The CNG In A Box system’s 8 foot x 20 foot container is designed for easier shipping and maintainenance, and plug-and-play on-site. Wayne, A GE Energy Business, manufactures the dispensers that deliver the CNG from the CNG In A Box system unit to vehicles. These alternative-fuel dispensers feature PCI-compliant pay-at-the-pump technology for a familiar and secure fueling experience, and the interface of the dispensers simplifies helps to simplify point of-sale-integration, according to GE.
As part of this collaboration between GE and Peake Fuel Solutions, beginning in the fall of 2012 GE will provide more than 250 CNG In A Box systems for natural gas vehicle infrastructure.