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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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Big Oil Betting On Electric Vehicles

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Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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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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As a result, annual increases in vehicle miles traveled (VMT) in LDVs average 0.9% Among the more detailed transportation projections in AEO2014 are: LDVs powered by gasoline remain the dominant vehicle type in the AEO2014 Reference case, retaining a 78% share of new LDV sales in 2040, down from their 82% share in 2012.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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Consumption of gasoline in China grew from 0.9 Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. China vehicle sales and gasoline consumption. l/100 km) by 2015 and 47 miles per gallon (5.0 Source: EIA. Click to enlarge. l/100 km) by 2020.

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Volkswagen reports growing demand for e-up! and Passat GTE in Germany

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model series is for the fully electric version, with around 20,000 orders received over the first three months of this year. was launched in November 2019 and represents the new entry-level model to Volkswagen’s electric world. Compared with the predecessor, it offers an increased range (up to 260 km / 162 miles in the WLTP cycle).

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EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

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EIA’s Annual Energy Outlook 2019 projects continued robust growth in US energy production, emergence of the United States as an energy exporter, and a cleaner S electric power generation mix. Light-duty vehicle miles traveled increases by 20% in the Reference case, growing from 2.9 trillion miles in 2018 to 3.5