2012, Europe, Global and Oil Prices

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 global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades.

Global

Global 2012 Energy Oil

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

JUNE 13, 2012

Global energy consumption grew by 2.5% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4%

Coal

Coal Oil Renewable Saudi Arabia

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 In India, falling inflation, lower interest rates, energy prices and a regained confidence will help lift the car market into growth mode starting in 2015 after a two-year lull. North America continues to be an impetus to global light vehicle demand levels.

2015

2015 Light Market Global

IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

Green Car Congress

JANUARY 6, 2022

Meanwhile, mainland China has already become the top global importer of LNG. —Michael Stoppard, chief strategist, global gas, IHS Markit. However, by August both Asian and European spot LNG prices climbed well above their oil price equivalent and remained above it for the rest of the year. MMt set in 2014.

Qatar

Qatar China United States Brazil

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. British accountancy firm Moore Stephenson stated that lower prices were the main cause.

Oil

Oil Industrial Industry Financing

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

JANUARY 1, 2011

DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012. ” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region.

Transportation

Transportation Gasoline Lithium Ion Gasoline-Electric

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil

Oil Standards Price Oil Prices

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

JUNE 20, 2012

While the Department of Defense (DoD) is one of the world’s largest fuel users, its consumption of about 340,000 bpd is a small fraction (less than one-half of 1 percent) of global petroleum demand. —Bartis 2012. More important than “when” global oil production might reach its maximum is the form that that maximum takes on.

Price

Price Oil-Sands Turkey Fuel

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

APRIL 12, 2012

EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. Ben-Akiva (2012) Technology Limits for Reducing EU Transport Sector CO 2 Emissions. Their paper is published in the ACS journal Environmental Science & Technology. —Dray et al. Lynnette M.

Transportation

Transportation Europe Climate Change Emissions

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

Green Car Congress

JULY 25, 2013

Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. The Brent crude oil spot price averaged $112 per barrel in 2012, and EIA’s July 2013 Short-Term Energy Outlook projects averages of $105 per barrel in 2013 and $100 per barrel in 2014.

2010

2010 Transportation Fuel Energy

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

SEPTEMBER 10, 2014

World markets for petroleum and other liquid fuels have entered a period of dynamic change in both supply and demand, the EIA noted, leading to its reassessment of its outlook for long-term global liquid fuels markets in IEO2014. Rising world oil prices attract investment in areas previously considered uneconomic.

Asia

Asia Transportation Oil-Sands Oil Prices

Renault Powertrain Strategy: Focus on Electric Motor Development for EV Powertrains, New Technologies for Conventional Engines

Green Car Congress

FEBRUARY 17, 2009

With the imminent switch to Euro 5 and Euro 6 legislation, Renault expects gasoline engines to become an increasingly attractive proposition in diesel-oriented Europe, a trend it is trying to anticipate with a new family of three- and four cylinder TCe engines. dCi engine (Type M9R) is due to be released in 2012. liter bracket.

Engine

Engine Motor Motors Motoring

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

APRIL 6, 2015

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 billion of final investment decisions on offshore wind projects in Europe. Investment in Europe advanced less than 1% to $57.5 billion between those two countries—and a record $18.6 billion, up 39% from 2013.

2014

2014 Renewable 2013 Wind

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

However, the report advises, long-term solutions to global challenges remain scarce; as one example, the report sees global CO 2 emissions rising by 20% to 37.2 The shift in global energy demand to Asia gathers speed, but India and countries in Southeast Asia will take the lead in driving consumption higher. Gt by 2035.

Oil

Oil 2013 Energy Emissions

EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Green Car Congress

JUNE 20, 2011

The company aims to transform the chemical industry through the cost-advantaged, smaller-footprint production of bio-based chemicals as direct replacements for major industrial chemicals that are currently petroleum-based in a trillion-dollar global market. Genomatica expects to begin commercial production of Bio-BDO in 2012.

Green

Green Market 2011 2020

Li-ion Reserve in the World: How it Revolutionised the EV Industry

Get Electric Vehicle

MAY 30, 2021

Newly found reservoirs of petroleum and crude oil decreased the oil price. As the production run progressed through 2012, these became increasingly strong. The United States, China, Europe, and other major powers are engaged in a race. Model T was cheaper and had more range.

Li-ion

Li-ion Lithium Ion Industrial Industry

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

The vehicles will be made in the United States, Japan and Europe. “By the time the electric car comes on line in 2012, the economy in California will be in a better place,&# says Driebe, the 2006 chairman of the Nissan Dealer Advisory Board. Production begins in late 2012. Batteries are expensive.

Nissan

Nissan Japan United States Gasoline-Electric

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

JULY 19, 2012

Building on LCFS policies already adopted in Europe, British Columbia, and California, the researchers looked at potential costs and benefits of reducing the carbon intensity of transportation fuels by 10 to 15 percent by 2030. Treat all crude oils as part of the overall pool of transportation fuels. Harmonize global LCFS policies.

Carbon

Carbon Oil-Sands Standards Design

EV Driven

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

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

The $32-Trillion Push To Disrupt The Entire Oil Industry

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Renault Powertrain Strategy: Focus on Electric Motor Development for EV Powertrains, New Technologies for Conventional Engines

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Li-ion Reserve in the World: How it Revolutionised the EV Industry

Nissan’s Big Gamble

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

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