Thursday, July 19, 2012

GE to Develop Cost Effective Home Fueling Station

GE has announced that it will develop a new compressed natural gas home fueling station with an estimated price tag of around $500.  This is a big deal in terms of making CNG more accessible for the consumer market since the only currently available model runs around $4,000.

I always talk about the chicken/egg problem vis-a-vis widespread use of CNG, so with this move in the right direction it looks like the chicken laid an egg.  Hopefully GE won't lay one with this new device.

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