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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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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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Projected sales of alternative-fuel vehicles in the AEO2013 Reference case are lower than in AEO2012, with the majority of the reduction reflected in sales of flex-fuel vehicles (FFVs), which in 2035 are about 1.3 million vehicles in 203—about 20% higher than in the AEO2012 Reference case. than in AEO2012.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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According to a new report from Pike Research, the various national-level initiatives and programs to promote the awareness of electric vehicles (EVs) in the Asia-Pacific region will help make the region the largest market worldwide for electrified vehicles, led by strong demand in China, Japan, and Korea. Click to enlarge.

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The Real Reason for USA based Economic Recessions.

DIY Electric Car

There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. This increase in oil prices again pushed the economy into a recession.

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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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Ethanol FFVs account for 11% of overall vehicle sales in 2040, followed by hybrid electric vehicles (excluding micro hybrids) at 5% of new sales in 2040, up from 3% in 2012; diesel vehicles at 4% in 2040 up from 2% in 2012; and plug-in hybrid vehicles and electric vehicles at about 1% each, both up from negligible shares in 2012.

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Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

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Among the key findings of the study were: Maintaining the existing vehicle efficiency and fuels regulations to 2030 will lower tank-to-wheel GHG emissions from road transport to 647 Mt representing a 29% reduction compared to 2005 levels, achieving almost aspired level for 2030.

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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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The EU has also made a commitment to reduce emissions in sectors outside the EU ETS, including transportation, by 10% on year-2005 levels by 2020. R&D plus electric vehicle subsidy. R&D as above, plus a €3,000/vehicle (US$3,900) purchase subsidy is available for plug-in hybrid and battery electric vehicles.