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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

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A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. These cumulative fuel savings translate into fuel cost savings of $4.9 —Greene et al. Greene, Charles B.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5%

Renewable 150
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EIA projects increases in global energy consumption and emissions through 2050

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According to the IEO2021 Reference case, which projects future energy trends based on current laws and regulations, renewable energy consumption has the strongest growth among energy sources through 2050. 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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Gevo, Los Alamos to collaborate to develop high-energy-density renewable missle fuel

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Gevo and LANL are looking to develop a low-cost, catalytic technology that would be bolted-on to Gevo’s existing isobutanol-to-hydrocarbons process to produce high energy density fuels (HEDFs). Gevo has also developed technology to produce hydrocarbon products from renewable alcohols.

Renewable 150
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Australian techno-economic analysis of renewable aviation fuels identifies research priorities to lower the high costs

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The authors presented three process models for production of renewable aviation fuel from microalgae, Pongamia pinnata seeds and sugarcane molasses to produce a minimum selling price for aviation biofuel. Pongamia pinnata is a legume tree which produces a seed rich in oil.) Klein-Marcuschamer, D., Dietzgen, R. Gresshoff, P.

Renewable 186
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IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

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The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. IHS Markit sees other confounding issues that could continue to suppress the discovery of conventional resources.

Oil 199