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2019 NTEA Fleet Purchasing Outlook reveals continued strong demand for biodiesel in diesel trucks

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New research released by NTEA – The Association for the Work Truck Industry confirms that fleets across the country are increasingly relying on biodiesel for their existing and new diesel vehicles. For the third time in four years, surveyed fleets named biodiesel as their top alternative fuel choice both for current use and future interest.

Purchase 207
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IEA: global energy efficiency progress drops to slowest rate since start of decade

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in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. In the United States, primary demand increased for the first time since 2014. In the United States, primary intensity worsened for the first time in more than 25 years.

Global 150
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IEA says oil supplies may not keep up with demand

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Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. million bpd by 2035.

Oil 257
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Navigant Research forecasts 58% growth in global biofuels consumption by 2022; biodiesel and drop-in fuels gain market share

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While Europe will be the leader in biodiesel development, other markets with growing diesel vehicle fleets will help set the foundation for a strong global biodiesel market. This will drop to 69% of the market in 2022 as biodiesel and drop-in fuels gain share, according to Navigant. BGPY in 2013 to almost 12.2

Global 231
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Purdue study projects that under likely adoption rates, use of biojet fuel alone will not meet aviation emissions reduction targets for 2050; the need to go above 50% blends

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Uncertainty range of the aviation GHG emissions under the High Oil price scenario (the most optimistic for biojet adoption), given in a box plot depicting the minimum, quartile, and maximum values. With biojet options, under the high oil price scenario (the most optimistic for biojet adoption), the median (i.e.,

Emissions 225
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EIA STEO projects higher US crude production, increases in travel and gasoline demand

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increase in fleet-wide vehicle fuel efficiency. For the 2017 April-through-September summer driving season, EIA forecasts US regular gasoline retail prices will average $2.46/gallon The higher forecast gasoline price is primarily the result of higher forecast crude oil prices. Highway travel is forecast to be 1.4%

Gasoline 150
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Center for Automotive Research releases study on estimated US distribution pattern of electric vehicles through 2015; focus on incentives

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Research, an Ann Arbor, Michigan-based nonprofit research organization, is estimating the national distribution patterns of electric vehicles across the United States, and the incentive programs that will assist with the proliferation of these vehicles, over the next four years. In a new study, the Center for Automotive.

2015 236