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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

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The magnitude of these savings is ~5% to 15% higher in a system with 20% wind penetration compared to a system with no wind power, and the savings are 50–60% higher in a system that requires capacity expansion. Controlled charging can also take advantage of the high levels of wind generation that commonly occur at night in the US.

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EIA: US energy-related CO2 dropped 2.7% in 2015; of end-use sectors, only transportation increased

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from 5,405 MMmt in 2014. These factors included a decline in the carbon intensity of the energy supply (CO 2 /British thermal units [Btu]) of 1.8%; and a 3.4% The 28% decrease in gasoline prices (in nominal dollars) from 2014 to 2015, along with the continued economic recovery, led to higher fuel consumption. from 2014 levels.

2015 150
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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

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Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. By then, they are expected to make up nearly 25% of supplies of which nuclear alone represents about one third. Source: ExxonMobil.

2014 150
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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. per year over the projection period, but remain a relatively minor share of total liquids supply through 2040.

2010 317
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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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IEEE Discusses 6 Simple Solutions to Climate Change at COP27

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Some continue to burn coal, for example, because there are no other economically feasible choices for them. “We Efficient coal-burning plants Shutting down coal power plants completely is unlikely to happen anytime soon, he predicted, especially since many countries are building new ones that have 40-year life spans.