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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” 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. ” The team suggests that this may be the last extension for the credit.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

The US Department of Energy (DOE) has released One Million Electric Vehicles by 2015 , a short status report on advances in deployment and progress to date in meeting President Obama’s goal of putting one million plug-in electric vehicles (PEV) on the road by 2015. Earlier post.).

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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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LDVs powered by fuels other than gasoline, such as diesel, electricity, or E85, or equipped with hybrid drive trains, such as plug-in hybrid or gasoline hybrid electric, increase modestly from 18% of new sales in 2012 to 22% in 2040. Natural gas overtakes coal as the largest fuel for US electricity generation. Tcf in 2012 to 3.1

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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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. Coal remains the dominant energy source for electricity generation because of continued reliance on existing coal-fired plants.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized. —John D.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 of world electricity generation in 2014, compared to 8.5% Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Additional to China, Brazil ($7.6

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