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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

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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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However, both cases result in global CO 2 emissions well above the IEA 450 scenario—a back-cast which illustrates what is required to stabilize greenhouse gas concentrations at 450 ppm. Between 2010 to 2030 the contribution to energy growth of renewables (solar, wind, geothermal and biofuels) is seen to increase from 5% to 18%.

Energy 210
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Renewables in total will account for about 15% of energy demand in 2040.

Energy 252
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Smith School lifecycle study highlights importance for algae-derived biodiesel of co-product utilization and optimizing and decarbonizing every step of the supply chain

Green Car Congress

However, biodiesel from advanced biomass has an inherent environmental advantage of greenhouse gas (GHG) emissions reduction that can be realized once every step of the production chain is fully optimized and decarbonized, the researchers said. Currently, algae-derived-biodiesel is up to 2.5 tons/ha/year). They noted that an EBR of 1.2

Oil-Sands 236
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PHEV's and Water Consumption

Plug In Partners

According to this EPRI document most conventional power plants use from 200 gallons up to 900 gallons per MWH, depending on whether the plant uses natural gas, coal, or nuclear fuel, and depending on the cooling technology employed. (in Water consumption per MWH for a new natural gas plant is around 250 gallons per MWH.

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