Tools commonly used in the Alternative Fuels (Retail) industry for day-to-day tasks and operations.

• Fuel dispensers for alternative fuels
• Fuel storage tanks for alternative fuels
• Fuel transfer pumps
• Fuel flow meters
• Fuel quality testing equipment
• Fuel filtration systems
• Fueling station management software
• Vehicle conversion kits for alternative fuels
• Fueling equipment installation tools
• Maintenance and repair tools for alternative fuel vehicles

Common products and services typical of NAICS Code 457120-06, illustrating the main business activities and contributions to the market.

• Ethanol fuel
• Biodiesel fuel
• Compressed natural gas (CNG)
• Liquefied natural gas (LNG)
• Hydrogen fuel cells
• Propane fuel
• Bioethanol fuel
• Biogas fuel
• Renewable diesel fuel
• Synthetic diesel fuel

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Renewable Fuel Standard (RFS) Program: The RFS program is a federal program that requires transportation fuel sold in the US to contain a minimum volume of renewable fuels. The program is administered by the Environmental Protection Agency (EPA).
• Alternative Fuel Vehicle (AFV) Tax Credit: The AFV tax credit is a federal tax credit that provides a credit for the purchase of new qualified plug-in electric drive motor vehicles. The credit amount varies depending on the vehicle's battery capacity. The credit is administered by the Internal Revenue Service (IRS).
• Low Carbon Fuel Standard (LCFS): The LCFS is a state-level program that requires transportation fuel sold in California to meet a minimum carbon intensity. The program is administered by the California Air Resources Board (CARB).
• National Institute for Automotive Service Excellence (ASE) Certification: ASE certification is a voluntary certification program for automotive professionals. The program tests and certifies automotive professionals in various areas of expertise, including alternative fuels. The program is administered by the National Institute for Automotive Service Excellence (ASE).
• Underwriters Laboratories (UL) Certification: UL certification is a voluntary certification program for products, materials, and systems. The program tests and certifies products for safety, performance, and environmental impact. UL offers certification for alternative fuel dispensing equipment.

A concise historical narrative of NAICS Code 457120-06 covering global milestones and recent developments within the United States.

• The "Alternative Fuels (Retail)" industry has a long history of development worldwide. The first electric vehicle was invented in the 1830s, and the first gasoline-powered car was introduced in the late 1800s. However, it wasn't until the 1970s oil crisis that alternative fuels began to gain popularity. Ethanol and biodiesel were introduced as alternative fuels in the 1980s, and in the 1990s, compressed natural gas (CNG) and liquefied petroleum gas (LPG) became more widely used. In recent years, electric vehicles have become increasingly popular, with advancements in battery technology and charging infrastructure. In the United States, the Energy Policy Act of 1992 provided incentives for the use of alternative fuels, and the Renewable Fuel Standard was established in 2005 to increase the use of biofuels. The growth of the industry has been driven by concerns about climate change, energy security, and the desire for more sustainable transportation options. In recent years, the "Alternative Fuels (Retail)" industry in the United States has continued to grow. According to the Alternative Fuels Data Center, there are now over 25,000 alternative fueling stations in the United States, including electric charging stations, CNG stations, and hydrogen fueling stations. The growth of the industry has been driven by a combination of government incentives, consumer demand, and advancements in technology. In 2019, the U.S. Department of Energy announced $59 million in funding for alternative fuel research and development, and several states have set targets for increasing the use of alternative fuels. The COVID-19 pandemic has had an impact on the industry, with a decrease in demand for transportation leading to a decrease in fuel sales. However, the long-term outlook for the industry remains positive, with continued growth expected in the coming years.

The anticipated future trajectory of the NAICS 457120-06 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Alternative Fuels (Retail) industry in the USA is positive due to the increasing demand for alternative fuels such as electric, hydrogen, and biofuels. The industry is expected to grow as more consumers become environmentally conscious and seek out cleaner fuel options. The government's push towards reducing carbon emissions and promoting sustainable energy sources is also expected to drive growth in the industry. However, the industry may face challenges such as high initial costs of setting up alternative fuel stations and the need for infrastructure development to support the growth of the industry.

Recent groundbreaking advancements and milestones in the Alternative Fuels (Retail) industry, reflecting notable innovations that have reshaped its landscape.

• Tesla's Supercharger Network: Tesla's Supercharger network is a network of fast-charging stations for electric vehicles that allows Tesla owners to charge their vehicles quickly and easily. The network has expanded rapidly in recent years and now has over 25,000 charging points worldwide.
• Shell's Hydrogen Refueling Stations: Shell has been investing in hydrogen fuel cell technology and has opened several hydrogen refueling stations in California, with plans to expand to other states in the USA. These stations allow fuel cell vehicles to refuel in a matter of minutes.
• Renewable Diesel: Renewable diesel is a low-carbon alternative to traditional diesel fuel that is made from renewable sources such as vegetable oils and animal fats. Several companies, including Neste and Renewable Energy Group, are producing renewable diesel and selling it at retail fuel stations.
• Biofuels Blending: Several fuel retailers, including BP and ExxonMobil, are blending biofuels such as ethanol and biodiesel into their gasoline and diesel products. This allows consumers to reduce their carbon footprint without having to switch to a completely different fuel type.
• Electric Vehicle Charging Apps: Several companies, including ChargePoint and EVgo, have developed apps that allow electric vehicle owners to find and reserve charging stations, pay for charging, and monitor their charging progress remotely.