Cost Of, Oil Prices, Presentations and Technology

The Next Oil Price Spike May Cripple The Industry

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. The first is that at present EVs do not yet outperform ICEVs comprehensively. The second is that under the best of circumstances it will take the EV industry close to another decade to close this cost of ownership gap.

Oil Prices

Oil Prices Oil Industrial Industry

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

FEBRUARY 25, 2016

According to Salim Morsy, senior analyst and author of the study, the central forecast is based on the crude oil price recovering to $50/barrel, and then trending back up to $70 or higher by 2040. Should fall to $20/barrel and remain there, it would delay mass adoption of EVs only to the early 2030s, according to the BNEF analysis.

Cost Of

Cost Of Sale Global Vehicles

Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

Green Car Congress

JANUARY 31, 2009

A crude oil price of US$100/bbl results in an approximate cost of €0.56/L The pyrolysis oil is mixed with pyrolysis coke from the process to create a biocrude slurry for transport and subsequent gasification to syngas and subsequent catalytic conversion to chemicals and/or fuels. per liter (US$2.72-5.03/gallon

Cost Of

Cost Of Motor Motors Motoring

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

Green Car Congress

NOVEMBER 24, 2010

Although co-production plants are much more costly than liquids-only configurations in terms of capital cost, Hari Mantripragadaa1 and Edward Rubin found, because of the high electricity revenues the cost of liquid product is lower than that of the liquids-only case, at market prices of electricity. Click to enlarge.

Coal

Coal Oil Prices CO2 Gas-Electric

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

SEPTEMBER 28, 2011

The US Department of Energy released its inaugural Quadrennial Technology Review report (DOE-QTR)—an assessment of the Department’s energy technology research and development portfolios. Furthermore, DOE will only support technologies that emit less carbon than incumbents—in keeping with our national energy goals.

Transportation

Transportation Fuel Economy Light Fuel

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

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. Tcf in the High Oil and Gas Resource case.

2020

2020 Energy Transportation Oil Prices

Global Bioenergies reports first production of green isobutene at demo plant

Green Car Congress

DECEMBER 15, 2016

Global Bioenergies is now entering the final phase of demonstrating its technology for converting renewable carbon into hydrocarbons. In the fuel sector, it is presently used to manufacture isooctane, ETBE and MTBE which are valuable compounds used in gasoline mixes. Earlier post.).

Global

Global Green Production Convert

MITEI releases report on Electrification of the Transportation System

Green Car Congress

JANUARY 13, 2011

The symposium was organized into four panels that addressed key issues: (1) Why vehicle electrification matters; (2) vehicle technologies; (3) infrastructure; and (4) policy options. Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility.

Transportation

Transportation MIT Oil Prices Oil

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

JUNE 23, 2011

Chevron, already the largest thermal heavy oil producer, is optimizing thermal production in heavy oil fields by leveraging information technology to improve the percentage recovery as well as the economics. Using thermal recovery processes in heavy oil reservoirs depends largely on. Oil production. 75,000 bpd.

Chevron

Chevron Oil Oil-Sands Production

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

JULY 12, 2011

According to a recently published report commissioned by the Victoria (Australia) Department of Transport from AECOM, electric vehicle (EV) technology offers the state of Victoria potentially significant economic benefits by the late 2020s. The analysis is based on central forecasts of oil price, electricity. Source: AECOM.

PHEV

PHEV Oil Prices Australia Price

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

NOVEMBER 10, 2009

Accenture timeline for evolution of electrification technologies, the “game-changing” subset of the disruptive technologies. Accenture has identified 12 technologies that it concludes have the potential to disrupt the current views of transport fuels supply, demand and GHG emissions over the next 10 years.

Transportation

Transportation Supplies Emissions Fuel

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

NOVEMBER 27, 2011

This transformation, they write, which poses challenges and opportunities for economic growth and climate policy, demands technologies that are not yet commercialized and coordination of investment, technology development, and infrastructure deployment. on technologies that are not yet commercialized. Subsequent work has.

Climate

Climate California Fuel Gas-Electric

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

Green Car Congress

DECEMBER 5, 2012

Continued fuel economy improvement in vehicles using other alternative fuels, gasoline, and diesel, combined with growth in the use of hybrid technologies (including micro, mild, full, and plug-in hybrid vehicles), limit the use of electric vehicles over the projection. Biofuels grow at a slower rate due to lower crude oil prices and.

Fuel

Fuel Energy Sale 2013

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Green Car Congress

FEBRUARY 9, 2010

While a recall presents a short-term bump in the road regarding consumer perception of HEVs and EVs, there is no question that longer term, the fundamental drivers for increased powertrain electrification are alive and well. This will be achieved through a mix of scale, operational efficiencies and technology advances. Earlier post.]

Prius

Prius Toyota PHEV Hybrid

Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

MAY 29, 2021

One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. At present, an electric vehicle costs 30% more than an IC engine-powered vehicle with similar specifications. The battery costs one-third of the total price of an electric vehicle.

Electric Vehicles

Electric Vehicles Engine Vehicles Gasoline-Electric

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

Green Car Congress

JANUARY 23, 2012

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

Oil 2005 Production 2010

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

Green Car Congress

NOVEMBER 7, 2010

Kreutz presented the paper at the 10 th International Conference on Greenhouse Gas Control Technologies ( GHGT-10 ) earlier this fall in The Netherlands. In the near-term pre-CCS era, with a low cost of carbon, the economical solution for power providers is to vent the CO 2 and pay the fees, passing on the costs to customers.

Transportation

Transportation Convert Waste CO2

Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

Green Car Congress

MARCH 8, 2009

Biomass refining technologies. The paper results from the “The Role of Biomass in America’s Energy Future ( RBAEF )” project and is published in a special issue of the journal Biofuels, Bioproducts and Biorefining which presents a collection of papers with technology-oriented analysis resulting from the RBAEF project.

Emissions

Emissions Gas Fuel 2009

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

Green Car Congress

NOVEMBER 12, 2012

The cost of fossil-fuel subsidies has been driven up by higher oil prices; they remain most prevalent in the Middle East and North Africa, where momentum towards their reform appears to have been lost. WEO-2012 also presents a 450 Scenario—the actions necessary to limit global warming to 2 °C. — WEO-2012.

Global

Global 2012 Energy Oil

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.

Transportation

Transportation Fuel Renewable Gasoline-Electric

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

JANUARY 29, 2014

While LNG is expected to be an early success, the picture becomes more diversified over time, as more than 20% of shipping could adopt hybrid propulsion solutions featuring batteries or other energy storage technologies, according to the paper. LNG engines currently being produced cover a broad range of power outputs.

Alternative Fuels

Alternative Fuels Fuel Gas-Electric Mariner

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

Green Car Congress

FEBRUARY 4, 2011

The report, Plug-In Electric Vehicles: A Practical Plan for Progress , examines public policies toward PEVs, taking into account the promise and limitations of PEVs, recent improvements in battery technology, market dynamics, and the proliferation of policies around the world that promote the use of PEVs. Market Drivers.

Plug-in

Plug-in 2015 Plug Recharge

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

Green Car Congress

JANUARY 15, 2014

There are three reasons for this lack of observed effect, they concluded: (1) at present the overall share of emissions from the LDV sector is only 20% of US CO 2 emissions; (2) EDV charging can still produce comparable emissions to conventional vehicles depending on the grid mix; and (3) the effect of other sectors on emissions is significant.

Emissions

Emissions Oil Prices Vehicles Oil

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

WEO-2013 presents a central scenario (“New Policies”) in which global energy demand rises by one-third in the period to 2035, although energy demand in OECD countries barely rises and by 2035 is less than half that of non-OECD countries. Contributions to global oil production growth. Technology and oil. Gt by 2035.

Oil

Oil 2013 Energy Emissions

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climate change and carbon, and the environment. Annual use of an EV should be less than the average cost of $8,000 per year for using a gasoline in many countries including the USA. Email Neal.

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

The Next Oil Price Spike May Cripple The Industry

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

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

Global Bioenergies reports first production of green isobutene at demo plant

MITEI releases report on Electrification of the Transportation System

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

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

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

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

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

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

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Cleantech Blog: Smart Grids and Electric Vehicles

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