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EIA projects increases in global energy consumption and emissions through 2050

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Renewables will be the primary source for new electricity generation, but natural gas, coal, and increasingly batteries will be used to help meet load and support grid reliability. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.

Global 259
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Syngas Engages Rentech and GE for Clinton Coal and Biomass to Liquids Project in Australia

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Australia’s Syngas Limited has engaged Rentech to provide Fischer-Tropsch fuels production preliminary engineering services for Syngas’ proposed commercial scale coal and biomass to liquids (CBTL) fuels facility in Southern Australia, known as the Clinton Project. Additionally, the Clinton coal fluidizes well.

Coal 218
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BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

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Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost. Electric vehicles (EVs) will become economically attractive for lead market segments by 2020, but broader adoption will require major declines in battery costs. Click to enlarge.

Solar 295
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MITEI releases report on Electrification of the Transportation System

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Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility. With the current fuel mix of the US power sector (about half coal, about 30% “carbon-free”), CO 2 emissions for HEVs and EVs are similar.

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

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Under their optimistic scenario (OPT)—which is based on the assumption that EVs are market-competitive with gasoline vehicles, in particular after 2025—they find 15% and 47% adoption of battery electric vehicles (BEVs) in 2030 and 2050, respectively.

Emissions 150
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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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Natural gas overtakes coal as the largest fuel for US electricity generation. Projected low prices for natural gas make it a very attractive fuel for new generating capacity. In some areas, natural gas-fired generation replaces power formerly supplied by coal and nuclear plants. Tcf in 2012 to 2.1

Oil 290
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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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Sales of battery-powered electric vehicles are 65% lower in the AEO2013 Reference case than the year before, with annual sales in 2035 estimated to be about 119,000. Reductions in battery electric vehicles are offset by increased sales of hybrid and plug-in hybrid vehicles, which grow to about 1.3 million, or less than one-half the 2.9

Fuel 225