Remove 2010 Remove Gasoline-Electric Remove Oil Prices Remove Technology
article thumbnail

Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

Green Car Congress

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. Oil demand growth will have its limits in every country. Lindemer LLC.

Oil 210
article thumbnail

Sandia study finds meeting RFS2 requirements unlikely without stronger enforcement mechanism; the importance of drop-in biofuels

Green Car Congress

The Sandia researchers showed that the key to meeting the RFS2 targets is the fuel price differential between E85 fuel and conventional gasoline (low ethanol blends), so that E85 owners refuel with E85 whenever possible. The model has four sub-components: vehicle, fuel production, electricity grid; and energy supply.

article thumbnail

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

Green Car Congress

A new study by researchers at the University of Colorado at Boulder projects the emission impacts of the widespread introduction of inexpensive and efficient electric vehicles into the US light duty vehicle (LDV) sector. The work is reported in a paper in the ACS journal Environmental Science & Technology.

Emissions 150
article thumbnail

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

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 150
article thumbnail

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

Green Car Congress

Optimized internal combustion engines are the major contributor to the reduction of passenger car GHG emissions with significant improvements until 2020 and the subsequent penetration of more effective alternative technologies into the fleet. The additional abatement potential of these technologies is approx. 34 Mton CO 2 e (WTW).

article thumbnail

Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

Green Car Congress

We develop technologies that point the way well into the future. ”. Winterkorn stressed that “ at Volkswagen, technology is never an end in itself. All these technologies serve people, our customers. Oil will not be as cheap as it is at the moment for ever. The CO 2 limits apply irrespective of fuel prices.

2014 150
article thumbnail

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

Green Car Congress

BCG’s analysis finds that cellulosic ethanol is on the verge of becoming cost-competitive with gasoline at $3/gal US. 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. Click to enlarge. Click to enlarge.

Solar 295