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News & Updates  |  April 2017
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In the news...
 

Colorado State University Chooses Redmark for CNG Station Upgrade & Specialized CNG Truck
(Source:  Redmark E-News, Vol. II, Issue 2)

CSU awarded two projects to Redmark in 2017 that will help support the work by the University on a new methane emissions research project (evaluating natural gas pipeline compressor stations). The first award was for Redmark to upfit an existing CNG truck operated by CSU with an extensive set of CNG fuel storage tanks and related equipment. The second award was for Redmark to upgrade the CNG fueling station at CSU for use in this project and for other activities at the Powerhouse.  Click here, to read more.


VW Settlement Trustee Appointed
(Source:  National Association of State Energy Official)

On March 15, the U.S. District Court approved the appointment of Wilmington Trust as the trustee of the Environmental Mitigation Trust under the Volkswagen Settlement. States are eligible to become beneficiaries of the $2.9 billion Environmental Mitigation Trust and invest in alternative fuel vehicles and infrastructure that will result in decreased nitrogen oxides (NOx) emissions. The trustee will be responsible for administering the trust and approving projects approved by beneficiaries. The trust effective date has NOT been set. The trustee will have the opportunity to request changes to the form of the trust agreement (Appendix D of the Consent Decree), and will confer with the U.S. Department of Justice, the State Recommending Parties (those that nominated candidates for the position of trustee), and the Settling Defendants to finalize the trust agreement. Once the trust effective date has been established, states will have 60 days to file a Certification Form to become beneficiaries of the trust. Additional information on the court order to appoint Wilmington Trust can be found here
 

$500 to $3,850: Wide Range for Model Year 2017 Estimated Annual Fuel Costs
(Source:  Office of Energy Efficiency & Renewable Energy)

The 2017 Fuel Economy Guide by the U.S. Environmental Protection Agency and U.S. Department of Energy shows the estimated annual fuel cost ranges for each vehicle size class. For most size classes, there is a wide range of vehicle fuel costs for consumers to consider. Vehicles classified as standard SUVs had the widest range in annual fuel cost from a minimum of $700 to a maximum of $3,850 per year. Size classes with all-electric and plug-in hybrid vehicles tend to have the widest range in annual fuel costs due to the large difference in efficiency between electric drivetrains and conventional drivetrains.  The small pickup trucks class, which has only conventional drivetrains, had the narrowest fuel cost range with a difference of just $500 between the models with the lowest and highest annual fuel cost. Among all size classifications, the vehicle with the lowest annual fuel cost for the 2017 model year falls into the midsize cars class at only $500 per year (the Hyundai Ioniq Electric).

Bar chart showing the Annual Fuel Cost Ranges by Vehicle Size Class for model year 2017


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