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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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The next ten years could see a massive expansion of steel capacity to meet demand in growing economies, such as India. Commissioning natural gas-fired plants could set producers up to have some of the lowest-cost capacity by retrofitting them to burn hydrogen in the 2030s and 2040s. Today’s new plants are tomorrow’s retrofits.

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Navigant forecasts global sales of LDV electric drive motors to hit 3.7M by 2020

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There is scope for cost reductions as volumes increase, the report finds. Automated production processes will be one improvement when sales volumes increase from a few hundred to tens of thousands annually, and the component costs of power electronics modules will also decline.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.

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GM begins market positioning for Cruze Diesel in 2013; small displacement diesels to “fill an important niche”

Green Car Congress

We recognize this technology’s considerable appeal, particularly with young male car buyers, and we are ready to win them over with quality, torque and fuel economy. General Motors sold more than half a million diesel-powered cars across Europe, Asia, Africa and South America last year, including 33,000 Cruzes.

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UC Davis, ITDP study suggests global shift to public transport, NMT and away from cars could save $100T through 2050 and cut GHGs

Green Car Congress

The study found that the High Shift scenario could save more than $100 trillion in public and private capital and operating costs of urban transportation between now and 2050 compared to the baseline scenario. Overall, the total costs of the baseline between 2010-2050 are roughly $500 trillion ($200T in OECD and $300T in non-OECD countries).

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‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

However low the cost of operations becomes; the buyer still has to find the money to buy the car initially. It depends on how the economy grows, how far the people grow. Revival is tough unless the price of the car comes down, however low the cost of running is. It will lower the cost of operations.

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