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EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

Green Car Congress

The Reference case includes technologies that are commercial or reasonably expected to become commercial over next decade or so, including projected technology cost and efficiency improvements, as well as cost reductions linked to cumulative deployment levels. million barrels per day in 2007 to 5.5 quadrillion Btu in 2035.

Oil 210
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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

The Obama Administration’s recent extension of the offshore oil-drilling moratorium through 2011 has also renewed investor interest in on-shore oil reserves. More than 25 companies are involved in oil shale development. Market Risks : The economic competitiveness of oil shale and CTL is contingent on high oil prices.

Coal 210
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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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Energy consumption by LDVs (including commercial light trucks) declines in the Reference case, from 16.1 Renewable fuel use grows at a much faster rate than fossil fuel use. The share of electricity generation from renewables grows to 16% in 2040 from 13% in 2011. Biofuels grow at a slower rate due to lower crude oil prices and.

Fuel 225
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GM and Hawaii Gas Company to Collaborate on Hydrogen Infrastructure Pilot; Different Approach to Provisioning Fueling Stations

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TGC produces hydrogen along with synthetic natural gas and delivers it in its utility gas stream, with more than 5% hydrogen content today; it has the capability of producing more H 2 through its renewable biogas initiative. Fuel prices are among the highest in the US. Hawaii imports most of its energy. Earlier post.) Jeff Kissel.

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National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

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In the absence of major technological innovations or policy changes, the United States is unlikely to meet cellulosic biofuel mandates under the current Renewable Fuel Standard (RFS2) by 2022, according to a new report from the National Research Council. Economic effects.

Renewable 252
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US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

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At this point, however, it is not clear what sorts of breakthroughs might become commercially viable. According to the report, a portfolio approach toward reducing US dependence on oil is necessary for long-term success. The cost to manufacture these vehicles is expected to decline by about one-third by 2020 but only slowly thereafter.

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National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. The most conspicuous example of an overlapping policy, according to the report, is the national Renewable Fuel Standard, most recently updated in 2007 (RFS2).

Carbon 247