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Alternative Fuel Technologies, Inc. Receives New Order for DME Feed Pumps From Shanghai Diesel Engine Company

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Alternative Fuel Technologies, Inc. Shanghai Diesel Engine Company is owned by Shanghai Automotive Industrial Corporation (SAIC), one of the top three automotive corporations in China. Alternative Fuel Technologies, Inc. At current oil prices, DME can be produced and distributed at less than 1/2 the cost of conventional fuel.

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

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With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. Despite rising fuel prices, use of liquids for transportation increases by an average of 1.1% million barrels per day.

2010 317
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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Coal will increase by 1.2% Click to enlarge.

Energy 210
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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

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Global energy demand grows by more than one-third over the period to 2035 in the New Policies Scenario (our central scenario), with China, India and the Middle East accounting for 60% of the increase. Oil demand reaches 99.7 In the New Policies Scenario, global coal demand increases by 21% and is heavily focused in China and India.

Global 225
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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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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. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost. Click to enlarge.

Solar 295
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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Also in China, biofuels are increasingly being used as transport fuel. Source: PBL.

2008 170
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EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

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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. It does not assume any revolutionary or breakthrough technologies. million barrels per day in 2007 to 5.5 million barrels per day in 2010.

Oil 210