What Is the Future of Propane?

What Is the Future of Propane?

Written on: February 7, 2022

Discover the developments that make propane even better!

propane industry kentuckyEnergy security and the environment have been in the news a lot in recent years.

There was the electrical grid failure in Texas in 2021 that caused the deaths of hundreds of people. A major pipeline was hacked by cybercriminals, wreaking havoc on our fuel supply. Oil spills and natural disasters also caused problems for our energy security. And there is the continuing danger of the impacts of climate change.

The propane industry is prepared, and continues to prepare, to meet the challenges ahead.

Challenge #1: Meeting your energy needs

Propane demand for residential usage has been on the rise. With the present real estate and house building booms, this trend is expected to continue. In the residential construction sector, constructing houses with propane-gas furnaces has become increasingly popular. Potential homebuyers are choosing the energy efficiency and amenities that propane gas provides, such as gas cooking, fireplaces, water heating, and more. Homeowners are replacing their oil or electric heating systems with propane.

By 2025, U.S. demand for propane will reach more than 10 billion gallons a year.

The propane sector can fulfill that need while also providing a reliable, domestically produced energy supply that is not reliant on foreign imports or aging, declining infrastructure.

Challenge #2: Reduced environmental impact

The propane industry is working hard to satisfy the growing demand for propane while also making it even cleaner and greener, as well as using it to combat climate change.

Propane can assist in the fight against climate change in a number of areas, including reducing greenhouse gas emissions through transportation, which is the country’s largest source of greenhouse gases.

Propane autogas has seen a remarkable increase in popularity during the previous five years, and that trend is expected to continue.

Since the introduction of autogas to school buses, the number of school buses using this fuel has increased 960%.

The use of autogas for transportation is anticipated to rise and expand into new applications. The package and parcel delivery industry is one that is ready for expansion, as demand for home delivery services increased greatly during the COVID-19 epidemic. Now that the restrictions have eased, many people are continuing to use delivery services for everything from groceries to clothing because of the ease and convenience.

A revolution has come in the energy sector: renewable energy. It allows us to become less reliant on extracting fuel from the earth, such as oil or natural gas drilling. Renewable propane makes propane’s environmental friendliness even better.

Renewable propane is a byproduct of the renewable diesel process. Developers of renewable propane in both Europe and the U.S have been perfecting methods for producing it from biomass, animal fats, vegetable oils, and other triglycerides.

Propane is superior when compared to oil or electricity on the topic of greenhouse gases. Homes that utilize propane instead of electricity can reduce their carbon dioxide emissions by 30% and their greenhouse gas emissions by 50%, compared to homes that use electricity. Renewable propane helps meet the expanding need while further reducing environmental impact.

Enjoy the benefits of reliable propane delivery for your home. Become a Midwest Gas customer!