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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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Machine learning PODA model projects the impact of COVID-19 on US motor gasoline demand

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In this work, we develop a model that combines personal mobility with motor gasoline demand and uses a neural network to correlate personal mobility with the evolution of the COVID-19 pandemic, government policies and demographic information. —Ou et al. Nat Energy doi: 10.1038/s41560-020-0662-1.

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Energy consumption for aircraft increases from 2.7 quadrillion Btu in 2009 to 3.1

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

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AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Population Growth: The world population is expected to grow to 8.4

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MITEI releases report on Electrification of the Transportation System

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Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility. Electrification will reduce emissions, with the scale determined by the carbon intensity of the power sector. Vehicle technologies. —Deutch and Moniz.