2011, Electric and Oil Prices

$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

Green Car Congress

DECEMBER 30, 2015

The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.

Oil Prices

Oil Prices Oil Price Climate Change

Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

Green Car Congress

JULY 20, 2012

At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%. savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. combined, where emissions increased by 9% and 6% respectively in 2011.

2011

2011 Emissions CO2 Global

Fight Fascists & Save Money: Go Electric

CleanTechnica EVs

MAY 12, 2022

The price of a gallon of gasoline is surging, putting a strain on drivers’ pocketbooks. While prices at the pump seem extreme, we’ve been here before. Adjusted for inflation, gas prices were similarly high in 2006, 2008, and for a while after 2011.

Ukraine

Ukraine 2006 2008 Price

Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

FEBRUARY 2, 2015

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

Plug-in

Plug-in Oil Cheap Plug

Nikkei: popularity of fuel-efficient vehicles lowering demand for gasoline in Japan

Green Car Congress

JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A per liter ($6.65

Japan

Japan Gasoline Fuel Gasoline-Electric

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

Green Car Congress

JUNE 16, 2009

In 2011, the largest dollar volume for Li-ion automotive applications could come from the mini EV and EREV segment. As one example of factors contributing to that decision, a survey of projected oil prices returned values between $30 and $250 a barrel, he said.). Representative battery pack size is below each segment.

Li-ion

Li-ion 2011 Market Hybrid

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

Green Car Congress

DECEMBER 17, 2010

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. Shale gas offsets declines in other US supply to meet. Source: EIA. Click to enlarge.

Gas

Gas 2011 Price Energy

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

Green Car Congress

SEPTEMBER 20, 2011

Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

Oil-Sands

Oil-Sands Oil 2008 Oil Prices

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

JUNE 13, 2012

in 2011, close to the historical average. Oil remains the world’s leading fuel, but its 33.1% in 2011, broadly in line with the historical average but well below the 5.1% Brent oil prices were on average 40% higher than 2010 and exceeded $100 a barrel for the first time ever; at $111.26/bbl, Source: BP. Renewables.

Coal

Coal Oil Renewable Saudi Arabia

Center for Automotive Research releases study on estimated US distribution pattern of electric vehicles through 2015; focus on incentives

Green Car Congress

FEBRUARY 13, 2011

The CAR study uses the distribution of hybrid sales as the basis to estimate the distribution of plug-in electric vehicle sales. Within the study, CAR denotes the percentages it used to divide national electric vehicle sales among states. electric vehicle sales, and a national estimate of electric vehicle market share annually.

2015

2015 Electric Vehicles Vehicles Sale

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

JANUARY 1, 2011

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. Click to enlarge. By mid-2Q, the team had increased its estimate to 25%.

Transportation

Transportation Gasoline Lithium Ion Gasoline-Electric

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

Green Car Congress

DECEMBER 5, 2012

Among its many findings, the Reference case suggests that US primary energy consumption will grow by 7% from 2011 to 2040 to 108 quadrillion Btu. However, energy use per capita declines by 15% from 2011 through 2040 as a result of improving energy efficiency (e.g., quadrillion Btu in 2011 to 14.0 Overall findings.

Fuel

Fuel Energy Sale 2013

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

Green Car Congress

JULY 25, 2013

With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. The use of liquids declines in the other end-use sectors and for electric power generation. trillion kilowatthours in 2010 to 5.5

2010

2010 Transportation Fuel Energy

Study: Kerry-Lieberman Bill Would Cut US Oil Imports By Up to 40% Below Current Levels

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil

Oil Climate Change Oil Prices 2005

Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Green Car Congress

FEBRUARY 26, 2010

The critical need for government leadership in the emergence of electric vehicles dominated a recent Green Fleet Management discussion in Toronto, hosted by Fleet Challenge Ontario. In an interview published in Maclean’s, a Canadian news magazine, the chairman and CEO of General Electric said, “ Government should be a catalyst for change.

Electric Vehicles

Electric Vehicles Vehicles Los Angeles Canada

Lux: Total is leading example of oil supermajor expanding into solar plus storage and distributed generation

Green Car Congress

AUGUST 9, 2016

Expanding into an area outside of the oil supermajors’ expertise is risky—batteries are a hard business to win even for industry veterans—but action is key as transportation and the grid increasingly march toward more electrification, Lux suggests.

Oil

Oil Solar Energy Storage Asia

Study finds government and vehicle manufacturers need to introduce long-term incentives and prices cuts to create sustainable market for ultra-low emission vans

Green Car Congress

MARCH 19, 2012

Governments and vehicle manufacturers will need to introduce long-term incentives and price cuts to create a sustainable European market for ultra-low emission vans (ULEV), according to a newly published report by Element Energy, commissioned by the UK Department for Transport. beyond small-scale trials).

Emissions

Emissions Manufacturer Market Price

KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

Green Car Congress

MAY 12, 2011

The executives also foresee shale oil and gas having a transformative effect on helping to meet the world’s energy needs, according to the results of the 9 th Annual Energy Survey conducted by the KPMG Global Energy Institute. Alternative energy sources. 69% anticipate operating costs will go up over the next 12 months as well.

Oil

Oil Energy Wind 2011

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

NOVEMBER 27, 2011

gasoline in cars) to electricity in order to achieve the GHG reduction target. They conclude that widespread electrification of transportation and other sectors is required, along with decarbonized electricity becoming the dominant form of energy supply. vehicle miles—were powered by electricity in 2050, along.

Climate

Climate California Fuel Gas-Electric

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

JULY 12, 2011

According to a recently published report commissioned by the Victoria (Australia) Department of Transport from AECOM, electric vehicle (EV) technology offers the state of Victoria potentially significant economic benefits by the late 2020s. electricity supply to provide the necessary protections from higher voltages. Source: AECOM.

PHEV

PHEV Oil Prices Australia Price

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

FEBRUARY 8, 2011

The US Department of Energy (DOE) has released One Million Electric Vehicles by 2015 , a short status report on advances in deployment and progress to date in meeting President Obama’s goal of putting one million plug-in electric vehicles (PEV) on the road by 2015. Estimated US supply of PEVs from 2011-2015. Ford Focus EV.

2015

2015 Plug-in Tax Credit Plug

Renault Powertrain Strategy: Focus on Electric Motor Development for EV Powertrains, New Technologies for Conventional Engines

Green Car Congress

FEBRUARY 17, 2009

Its work on powertrains focuses on two main areas: the development of a range of electric motors for all-electric vehicles, and new technologies for conventional engines, including a new generation of turbocharged internal combustion engines as well as on new automatic transmissions. Electric motors. The new-generation 2.0

Engine

Engine Motor Motors Motoring

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

by subsidies that amounted to $523 billion in 2011, up almost 30% on 2010 and six times more than subsidies to renewables. The cost of fossil-fuel subsidies has been driven up by higher oil prices; they remain most prevalent in the Middle East and North Africa, where momentum towards their reform appears to have been lost.

Global

Global 2012 Energy Oil

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

MARCH 2, 2013

The incremental indirect life-cycle emissions associated with those decreases in oil sands production are estimated to be in the range of 0.07 The issue of petroleum coke is not a standalone issue for the WCSB oil sands, the report notes; it is also a LCA consideration for the heavy conventional crudes. Surface waterbodies crossed.

Climate Change

Climate Change Oil-Sands Nebraska Climate

Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. Lindemer LLC. natural gas vehicles) sectors. Diesel and gasoline demand disparity.

Oil

Oil 2010 2020 Global

Toyota digs for Lithium

Revenge of the Electric Car

JANUARY 20, 2010

From the Reuters post: “A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world’s largest automaker keep its lead in gasoline-electric hybrid cars. “Toyota is taking a step on its own to secure the materials it needs to ensure stable production.&#.

Toyota

Toyota Argentina Nickel Metal Hydride Lithium Ion

Benchmark: Russia’s invasion of Ukraine risks raising costs for Europe’s auto industry

Green Car Congress

FEBRUARY 26, 2022

Russia’s invasion of Ukraine threatens to increase costs for Europe’s vehicle industry, which is already struggling with record high lithium prices and a shortage of semiconductor chips, according to Benchmark Mineral Intelligence. —Greg Miller, an analyst at Benchmark.

Ukraine

Ukraine Auto Industry Industrial Industry

Interview with Chris Paine in the Whole Life Times

Revenge of the Electric Car

JANUARY 21, 2009

The Whole Life Times just published an Interview with Chris : The Electric Car Returns (and This Time It’s Personal). Filmmaker Chris Paine, director of Who Killed the Electric Car? and its forthcoming sequel, talks to us about the fate of GM, the downfall of hydrogen and why electric cars truly are making a comeback By Siel.

EV1

EV1 Los Angeles Hydrogen GM

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

FEBRUARY 1, 2014

The analysis in the Final Supplemental EIS builds on the Draft Supplemental Environmental Impact Statement released on 1 March 2013 ( earlier post ) as well as the documents released in 2011 as part of the previous Keystone XL Pipeline application. That portion of the pipeline has already been built.

Oil-Sands

Oil-Sands Nebraska Oil Montana

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

NOVEMBER 10, 2009

Will be competitive at an oil price of $45 to $90 at their commercial date. Two companies, Amyris and LS9, are planning to break ground on commercial plants in 2011, with production starting by 2013. Tags: Batteries Bio-hydrocarbons Biomass Cellulosic ethanol Electric (Battery) Engines Fuels Plug-ins.

Transportation

Transportation Supplies Emissions Fuel

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. —WEO 2011.

Oil

Oil Transportation Cheap Fleet

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized. —John D.

Plug-in

Plug-in 2015 Plug Recharge

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

APRIL 6, 2015

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 billion set in 2011. The 103GW of capacity added by new renewable energy sources last year compares to 86GW in 2013, 89GW in 2012 and 81GW in 2011 and made 2014 the best year ever for newly installed capacity. billion), India ($7.4

2014

2014 Renewable 2013 Wind

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

Nearly half of the net increase in electricity generation comes from renewables. High oil prices, persistent differences in gas and electricity prices between regions and rising energy import bills in many countries focus attention on the relationship between energy and the broader economy.

Oil

Oil 2013 Energy Emissions

PBL analysis finds that resources are not depleted, but expensive; badly functioning markets and wrong policies

Green Car Congress

MARCH 14, 2011

Thus, high energy prices lead to high food prices, as transport and fertilizers become more expensive. High oil prices increase the appeal of biofuels, and a subsequent increasing demand for corn and grain leads to higher food prices and additional food scarcity. Kok (2011) Scarcity in a Sea of Plenty?

Market

Market Netherlands Price Oil

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

Green Car Congress

JULY 19, 2012

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. A key example is the difference in efficiency for all-electric drive and fuel-cell vehicles. —Policy Design Recommendations. Earlier post.).

Carbon

Carbon Oil-Sands Standards Design

RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

Green Car Congress

JANUARY 25, 2011

Nuclear, wind, and solar energy offer electric power without emitting appreciable amounts of greenhouse gases. hydrotreated oil from animal fats and vegetable oils, and FT liquids), electric power is not an important input to the production process, but hydrogen is. —Alternative Fuels for Military Applications.

Alternative Fuels

Alternative Fuels Fuel Energy Coal

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

The World's First Clean Motocross Race On Electric. High-Speed Rail Unlocks Intermodal Potential Texas Excess Ford Expands Hybrid Success to Electric Vehicles ► March (17) Carbon Capture and Storage: To Be or Not To Be? Intelligent Charging Infrastructure for New Electr. Here we go again.or Carbon trading vs t.

Grid

Grid Electric Vehicles Vehicles Oil-Sands

The Game-Changing Water Revolution: Interview with Stanley Weiner

Green Car Congress

APRIL 15, 2015

For 2005, most of the fresh-surface-water withdrawals—about 41%—were used in the thermo-electric power industry to cool electricity-generating equipment. Over half of the 40,000 wells Americans have drilled since 2011 have been in areas of drought, and in total these wells have used 97 billion gallons of water.

Water

Water Oil Texas Gas

$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

Fight Fascists & Save Money: Go Electric

Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Nikkei: popularity of fuel-efficient vehicles lowering demand for gasoline in Japan

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

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

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Center for Automotive Research releases study on estimated US distribution pattern of electric vehicles through 2015; focus on incentives

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

Study: Kerry-Lieberman Bill Would Cut US Oil Imports By Up to 40% Below Current Levels

Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Lux: Total is leading example of oil supermajor expanding into solar plus storage and distributed generation

Study finds government and vehicle manufacturers need to introduce long-term incentives and prices cuts to create sustainable market for ultra-low emission vans

KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Renault Powertrain Strategy: Focus on Electric Motor Development for EV Powertrains, New Technologies for Conventional Engines

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

Toyota digs for Lithium

Benchmark: Russia’s invasion of Ukraine risks raising costs for Europe’s auto industry

Interview with Chris Paine in the Whole Life Times

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

PBL analysis finds that resources are not depleted, but expensive; badly functioning markets and wrong policies

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

RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

Cleantech Blog: Smart Grids and Electric Vehicles

The Game-Changing Water Revolution: Interview with Stanley Weiner

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