Green Car Congress

AUGUST 28, 2017

On 27 October 2016, the International Maritime Organization (IMO) announced that beginning on 1 January 2020, the maximum sulfur content allowed in marine bunker fuel will be reduced from 3.50% mass by mass (m/m) to 0.50% m/m (35,000 ppm to 5,000 ppm)—five years earlier than many expected. Earlier post.) —Kurt Barrow.

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Mariner 2020 Fuel Oil 150

Green Car Congress

OCTOBER 1, 2012

The cost associated with replacing a barrel of produced oil has risen from $6 per barrel in 1998 to $27 per barrel in 2011, according to Lux Research—an increase of 350%. will be in the oil sands. Cost to replace each barrel of oil produced. In 2012, 62.5% Source: Lux Research. Click to enlarge.

Oil 225

Oil Oil-Sands Cost Of Oil Prices 225

Green Car Congress

JANUARY 23, 2019

The latest crash in oil prices once again raises this prospect. On the one hand, lower oil prices – despite the recent rebound, prices are still down sharply from a few months ago – can cause some E&Ps to want to hold off on drilling new wells. It’s really 2020 and 2021.”. production levels.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

NOVEMBER 7, 2019

US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. Investors are imposing capital discipline on E&P’s by pushing down equity prices and pushing up the cost of capital on debt markets.

Oil 170

Oil Price Oil Prices Production 170

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Since then, BP has worked with co-owners and contractors to simplify and standardize the platform’s design, reducing the overall project cost by about 60%. In 2013, BP (operator, with 60.5%

Mexico 150

Mexico Chevron Oil Oil Prices 150

Green Car Congress

APRIL 30, 2016

A new study by consultancy Roland Berger defines an integrated roadmap for European road transport decarbonization to 2030 and beyond; the current regulatory framework for vehicle emissions, carbon intensity of fuels and use of renewable fuels covers only up to 2020/2021. GHG abatement in road transport sector will cost approx.

Transportation 150

Transportation Emissions Fuel Vehicles 150

Green Car Congress

APRIL 7, 2021

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. million b/d from 2020.

2019 186

2019 Fuel Coal 2020 186

Green Car Congress

APRIL 3, 2022

Together, the group of companies have been developing a more cost-effective way to implement and operate a hydrogen supply chain, following a Memorandum of Understanding (MOU) among the consortium in March 2020. This collaboration comes at a timely moment, on the back of rising oil prices.

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Singapore Hydrogen Corporation Japan 150

Get Electric Vehicle

MAY 29, 2021

One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. At present, an electric vehicle costs 30% more than an IC engine-powered vehicle with similar specifications. The Reduction in Battery cost. Government Regulations. Battery Swapping.

Electric Vehicles 52

Electric Vehicles Engine Vehicles Gasoline-Electric 52

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 IHS Markit has projected a return of most curtailed volumes in the summer and fall of 2020 as tightening fundamentals lead operating margins back to positive territory.

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

FEBRUARY 25, 2010

Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO.

Oil-Sands 199

Oil-Sands Oil 2020 Canada 199

Green Car Congress

JUNE 20, 2011

billion by 2020. 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. billion by 2020. billion in 2011 to $98.5

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Green Market 2011 2020 236

Green Car Congress

JUNE 24, 2021

The latest forecast by the IHS Markit Oil Sands Dialogue expects Canadian oil sands production to reach 3.6 million barrels per day (MMbd) in 2030, an increase of 650,000 barrels per day compared to 2021 levels (900,000 b/d from 2020). The previous IHS Markit forecast expected production to reach 3.8 MMbd in 2030.

Oil-Sands 170

Oil-Sands Oil Production Oil Prices 170

Green Car Congress

JUNE 11, 2018

Because the potential cost to shippers is so high and freight rates have been so low, many shippers opted to take a wait and see approach until they could determine if the IMO was serious about enforcement before committing to a pathway to compliance. The recent signals from the IMO have been clear, IHS Markit said. —Kurt Barrow.

Fuel 170

Fuel Mariner Oil 2020 170

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.

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Emissions Manufacturer Market Price 231

Green Car Congress

NOVEMBER 11, 2010

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.

Solar 295

Solar Boston Consulting Group Power Powered 295

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. Click to enlarge.

Plug-in 186

Plug-in Plug PHEV Hybrid 186

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 250

Transportation Gasoline Lithium Ion Gasoline-Electric 250

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". Export revenues are net of $5/barrel production cost. James Crandell, a Cowen & Co.

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

FEBRUARY 3, 2015

Oil companies are scratching their heads trying to figure out how to deal with a collapse in oil prices, now below $50 per barrel. With virtually every upstream company around the world slashing spending, it is the highest-cost and riskiest projects that are getting scrapped first. Shell announced $4.16

Oil 150

Oil Alaska Oil Prices 2015 150

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 150

Oil Standards Price Oil Prices 150

Green Car Congress

DECEMBER 5, 2012

Because quickly rising natural gas production outpaces domestic consumption, the United States will become a net exporter of liquefied natural gas (LNG) in 2016 and a net exporter of total natural gas (including via pipelines) in 2020. Biofuels grow at a slower rate due to lower crude oil prices and. than in AEO2012.

Fuel 225

Fuel Energy Sale 2013 225

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. The analysis is based on central forecasts of oil price, electricity.

PHEV 210

PHEV Oil Prices Australia Price 210

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 210

Oil 2005 Production 2010 210

Green Car Congress

APRIL 6, 2017

billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Russia’s exploration activities, which were hit not only by plummeting oil prices but also by a targeted sanctions regime, suffered a double blow during this period. In 2016, only 3.7 percent of global proved reserves.

Russia 150

Russia Oil 2016 Oil Prices 150

Green Car Congress

MAY 22, 2013

Growth in France is attributable above all to significantly higher sales forecasts for the Renault Twizy.Negative overall development in the market for EVs and PHEVs, despite mature technologies and optimized cost structures, suggests that the right conditions are not in place. Source: Roland Berger. Click to enlarge.

South Korea 239

South Korea Sale France Plug-in 239

Green Car Congress

NOVEMBER 12, 2012

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. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

FEBRUARY 19, 2015

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. However, now that oil prices are so low, oil companies have no room to boost spending.

Oil Prices 150

Oil Prices Oil Price Iraq 150

Green Car Congress

FEBRUARY 9, 2010

Oil price and supply dependencies will continue the search for alternative fuel sources, and battery powered vehicles can have a significant impact on that equation. Finally, the cost of the hybrid/electric vehicles will come down significantly during the next 10 years, primarily by reducing the lithium-ion battery cost.

Prius 186

Prius Toyota PHEV Hybrid 186

Green Car Congress

DECEMBER 17, 2010

It also updated the costs and sizes of electric and plug-in hybrid electric batteries and revised downward light-duty vehicle travel demand due to the adoption of a new estimation technique. The fuel economy standards are increased through model year 2020 to meet the statutory requirements of EISA2007. trillion cubic feet in 2020.

Gas 199

Gas 2011 Price Energy 199

Green Car Congress

JULY 14, 2009

In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. The high rate of adoption is driven by the low purchase price and operating costs of electric cars with switchable batteries.

Electric Cars 150

Electric Cars Batteries Battery Market 150

Green Car Congress

JANUARY 29, 2014

According to DNV GL, the main drivers for the use of alternative fuels in shipping in the future can be classified in two broad categories: (a) Regulatory requirements and environmental concerns, and (b) availability of fossil fuels, cost and energy security. LNG engines currently being produced cover a broad range of power outputs.

Alternative Fuels 231

Alternative Fuels Fuel Gas-Electric Mariner 231

Green Car Congress

APRIL 12, 2012

The EU has also made a commitment to reduce emissions in sectors outside the EU ETS, including transportation, by 10% on year-2005 levels by 2020. Adoption of new technologies is small because of R&D limitations and the high costs associated with some available technologies. This step was iterated with an estimation of demand changes.

Transportation 199

Transportation Europe Climate Change Emissions 199

Green Car Congress

FEBRUARY 3, 2010

The California LCFS calls for at least a 10% reduction from 2006 levels in the carbon intensity (measured in gCO 2 e/MJ) of California’s transportation fuels by 2020. Discouraging these fuels will simply increase costs while failing to prevent their export to and consumption by other nations. Earlier post.). Earlier post.).

California 199

California Oil-Sands Oil 2005 199

Green Car Congress

APRIL 30, 2009

Crane also mentioned that one-quarter to one-third of the cost of a battery system is the packaging, integration and electronics. How did the high fuel prices impact customer behavior in 2008? How much does it cost to save weight? Storage Temperature. Driving Temperature. State of Charge. The cells make up the remainder.

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Congress 2009 Cash For Clunkers Li-ion 150

Green Car Congress

JULY 2, 2013

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand. But after ?2020,

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207