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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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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5%

Renewable 150
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Australian techno-economic analysis of renewable aviation fuels identifies research priorities to lower the high costs

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The authors presented three process models for production of renewable aviation fuel from microalgae, Pongamia pinnata seeds and sugarcane molasses to produce a minimum selling price for aviation biofuel. Pongamia pinnata is a legume tree which produces a seed rich in oil.) Klein-Marcuschamer, D., Dietzgen, R. Gresshoff, P.

Renewable 186
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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

2020 150
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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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The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. Renewable fuel use grows at a much faster rate than fossil fuel use. Click to enlarge.

Fuel 225
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VTT study concludes gasification-based pathways can deliver low-carbon fuels from biomass for about 1.90-2.65 US$/gallon

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Summary of levelized production cost estimates of fuel (LCOF) for the examined plant designs. The horizontal red lines show the comparable price of gasoline (before tax, refining margin 0.3 $/gal, exchange rate: 1 € = 1.326 $) with crude oil prices 100 $/bbl and 150 $/bbl. Source: VTT. 0.7 €/liter (app. 0.7 €/liter (app.

Carbon 218
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Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

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The Q1 2013 index (top) shows that the 7 top automotive nations have seen their competitive positions shift since 2012 (bottom). None of the subsidy programs that ended at the end of 2012 were renewed. —Roland Berger E-mobility index for Q1 2013. Source: Roland Berger. Click to enlarge. Plug-in America’s #PIA100K.