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Study finds global oil demand likely to grow despite pandemic, climate policies

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The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. The greater competitiveness of alternative fuels and the weaker economy in that scenario contribute to lower oil use overall.

Oil 259
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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

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The US Department of Energy has issued a $300-million Funding Opportunity Announcement ( DE-PS26-09NT01236-04 ) for applications for cost-shared projects that expand the use of alternative fueled vehicles and advanced technology vehicles. The other areas of interest include: Refueling Infrastructure for alternative fuels.

Stimulus 150
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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

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In addition to Daimler, partners in the “H2 Mobility” initiative include EnBW, Linde, OMV, Shell, Total, Vattenfall and the NOW GmbH (National Organization Hydrogen and Fuel Cell Technology). billion) in the development of fuel cells. The project is open for other interested partners. Earlier post.).

Germany 268
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.). Five months ago.

Financing 150
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Freightliner Custom Chassis and Morgan Olson Introduce Next Generation Vehicle for FCCC All-Electric Walk-In Van

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FCCC is the first company within the industry to utilize Tesla batteries for commercial applications. The all-electric chassis also was initiated before stimulus money and federal grants were available for alternative-fuel transportation projects.

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Freightliner Custom Chassis Corporations All-Electric Walk-In Van Chassis Debuts at NTEA Work Truck Show; Enova Drive System, Tesla Battery Pack

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The FCCC electric WIV also marks the first commercial vehicle application of a Tesla Motors Li-ion battery pack, which provide up to a 100-mile driving range on a single charge. FCCC initiated our all-electric project well before stimulus money and federal grants were available for alternative-power transportation projects.

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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

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billion worldwide—by 2050, this may not be achievable through improvements to the traditional internal combustion engine or alternative fuels: the traditional combustion engine is expected to improve by 30%, so achieving full decarbonisation is not possible through efficiency alone.

Plug-in 244