2010, Cost Of, Electrical and Oil Prices

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

FEBRUARY 25, 2016

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. This would be equivalent to nearly 8% of global electricity demand in 2015. At the core of this forecast is the work we have done on EV battery prices.

Cost Of

Cost Of Sale Global Vehicles

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

Green Car Congress

NOVEMBER 24, 2010

A co-production scenario—yet to be commercial—would take unconverted syngas from the FT reactor and combust it in a combined cycle power plant to generate electricity that is sold to the grid. Even with CCS, the liquid product costs are comparable to recent crude oil prices. Source: Mantripragada and Rubin.

Coal

Coal Oil Prices CO2 Gas-Electric

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable

Renewable Parts Power Powered

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

Green Car Congress

JANUARY 23, 2012

Net petroleum imports as a share of total US liquid fuels consumed drop from 49% in 2010 to 38% in 2020 and 36% in 2035 in AEO2012. EIA added a premium to the capital cost of CO 2 -intensive technologies to reflect current market behavior regarding possible future policies to mitigate greenhouse gas emissions. Click to enlarge.

Oil

Oil 2005 Production 2010

Study finds government and vehicle manufacturers need to introduce long-term incentives and prices cuts to create sustainable market for ultra-low emission vans

Green Car Congress

MARCH 19, 2012

Summary of battery pack cost projections, 2010-2030. Governments and vehicle manufacturers will need to introduce long-term incentives and price cuts to create a sustainable European market for ultra-low emission vans (ULEV), according to a newly published report by Element Energy, commissioned by the UK Department for Transport.

Emissions

Emissions Manufacturer Market Price

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

Green Car Congress

APRIL 30, 2016

Despite the expected reduction in cost of alternative technologies, the share of new car sales will remain relatively small; the influence of these technologies on overall emissions currently remains marginal. PHEVs fueled with advanced biofuels and low carbon, renewable electricity (for PC). 34 Mton CO 2 e (WTW). Roland Berger study.

Transportation

Transportation Emissions Fuel Vehicles

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

Green Car Congress

NOVEMBER 7, 2010

pre- and post- decarbonization of the electric power sector—to which he referred as pre-CCS and post-CCS, respectively (although decarbonization was not necessarily via CCS—carbon capture and storage).) —Kreutz (2010). —Kreutz (2010). —Kreutz (2010). Alternative CCR [CO 2.

Transportation

Transportation Convert Waste CO2

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

JULY 12, 2011

According to a recently published report commissioned by the Victoria (Australia) Department of Transport from AECOM, electric vehicle (EV) technology offers the state of Victoria potentially significant economic benefits by the late 2020s. electricity supply to provide the necessary protections from higher voltages. Source: AECOM.

PHEV

PHEV Oil Prices Australia Price

MITEI releases report on Electrification of the Transportation System

Green Car Congress

JANUARY 13, 2011

The MIT Energy Initiative (MITEI) has released a report on the proceedings—and papers that informed those proceedings—of the 8 April 2010 symposium on The Electrification of the Transportation System: Issues and Opportunities. The symposium was sponsored by the MIT Energy Initiative, together with Ormat, Hess, Cummins and Entergy.

Transportation

Transportation MIT Oil Prices Oil

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

FEBRUARY 15, 2012

Environmental costs are often not shown on financial statements because the bearers of such costs can be either particular individuals or society at large, are often both non-monetary and problematic to quantify for comparison with monetary values. Source: KPMG. Source: KPMG. Click to enlarge.

Climate Change

Climate Change Water Climate Global

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Green Car Congress

FEBRUARY 9, 2010

The recall of Toyota’s Prius is causing some observers to question whether the prospects for the entire hybrid electric vehicle (HEV) and electric vehicle (EV) markets are fundamentally hurt. This immediate problem affecting the 2010 Prius relates to software that manages the regenerative and conventional braking system.

Prius

Prius Toyota PHEV Hybrid

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Green Car Congress

NOVEMBER 11, 2010

The costs of these alternative energy technologies are falling rapidly, and they are on the path to becoming cost-competitive within the next five to ten years, if not sooner. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost.

Solar

Solar Boston Consulting Group Power Powered

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Green Car Congress

AUGUST 15, 2010

While oil sands emissions have more than doubled from 1990 to 2006, the absolute increase in emissions from oil sands over the same period is less than the absolute increase in Canadian electric or transportation sector emissions, and far less than the increases in these sectors on a North American basis, they note.

Oil-Sands

Oil-Sands Oil Emissions Coal

Study Finds EVs Economically and Financially Viable in New South Wales, Australia Market Today

Green Car Congress

JANUARY 18, 2010

The study found that for small and medium passenger vehicles, expected lifetime cost per kilometer for EVs is already lower than that of conventional ICE. The total cost of ownership includes the vehicle price, annual fuel and maintenance costs and insurance. Future costs have been discounted at 7%. Source: AECOM.

Australia

Australia Market Plug-in Plug

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

FEBRUARY 8, 2011

The US Department of Energy (DOE) has released One Million Electric Vehicles by 2015 , a short status report on advances in deployment and progress to date in meeting President Obama’s goal of putting one million plug-in electric vehicles (PEV) on the road by 2015. Earlier post.).

2015

2015 Plug-in Tax Credit Plug

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Green Car Congress

DECEMBER 15, 2009

Costs of light-duty plug-in hybrid electric vehicles (PHEVs) are high—largely due to their lithium-ion batteries—and unlikely to drastically decrease in the near future, according to a new report from the National Research Council (NRC). Similarly, the PHEV-40 with a $14,000 battery pack would cost about $18,100 more.

Plug-in

Plug-in Plug PHEV Hybrid

Michigan Energy and Advanced Automotive Research Lined Up for $99.5M in Funding from FY2010 Defense Appropriations Bill

Green Car Congress

SEPTEMBER 21, 2009

The Defense Appropriations Bill for fiscal year 2010, passed earlier this month by the US Senate Appropriations Committee and now under consideration by the full Senate, contains US$14.4 Lithium ion batteries also have dual-use applications in the commercial automotive industry for hybrid electric vehicles. Carl Levin, D-Mich.,

Michigan

Michigan Lithium Ion Energy Hybrid

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

The report also finds that by 2035 global energy savings could be equivalent to nearly 20% of global demand in 2010. The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. While these policies help to speed up slow progress in global energy.

Global

Global 2012 Energy Oil

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge.

Oil

Oil Transportation Cheap Fleet

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Green Car Congress

OCTOBER 18, 2010

The study, in press in the Journal of Power Sources , examines the efficiency and costs of current and future EVs, as well as their impact on electricity demand and infrastructure for generation and distribution, and thereby on GHG emissions. Derive GHG emissions and costs of charging of EVs in the 2015 Dutch context and.

Plug-in

Plug-in Charging PHEV Gasoline-Electric

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

It’ll be mostly driven by the cost of gas. CEO Carlos Ghosn is spending big money to make electric vehicles in high volumes — and soon. 2, Ghosn will unveil the first of three electric models in three vehicle segments that he plans to sell by 2013. government will cover some of the costs. That’s a given.

Nissan

Nissan Japan United States Gasoline-Electric

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

The World's First Clean Motocross Race On Electric. High-Speed Rail Unlocks Intermodal Potential Texas Excess Ford Expands Hybrid Success to Electric Vehicles ► March (17) Carbon Capture and Storage: To Be or Not To Be? Intelligent Charging Infrastructure for New Electr. Here we go again.or Carbon trading vs t.

Grid

Grid Electric Vehicles Vehicles Oil-Sands

Hawaii opts for EVs and renewable energy

Revenge of the Electric Car

DECEMBER 3, 2008

A second well is drilled close by and the steam is released into ten turbines that generate electricity. Once the capital costs of setting up the facility are recouped, about ten years in this case, all they have are maintenance and operational costs since the energy source is essentially free forever. URL: [link].

Hawaii

Hawaii Renewable Energy San Francisco

EV Driven

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

Study finds government and vehicle manufacturers need to introduce long-term incentives and prices cuts to create sustainable market for ultra-low emission vans

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

MITEI releases report on Electrification of the Transportation System

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Study Finds EVs Economically and Financially Viable in New South Wales, Australia Market Today

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Michigan Energy and Advanced Automotive Research Lined Up for $99.5M in Funding from FY2010 Defense Appropriations Bill

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Nissan’s Big Gamble

Cleantech Blog: Smart Grids and Electric Vehicles

Hawaii opts for EVs and renewable energy

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