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

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On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion. The group expects oil prices to rise by an average of about $5 per year over the course of this decade, only reaching $80 per barrel in 2020.

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U of I study: synthetic fuels via CO2 conversion and FT not currently economically & environmentally competitive

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They used currently achievable performance levels for the system components—electrolyzers and the Fischer−Tropsch process—to compute key metrics, including (i) cost of the synthetic fuel; (ii) well-to-gate CO 2 emissions; and (iii) overall energy efficiency. —Li et al. Stubbins, and Paul J. 6b00665.

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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 Annual Energy Outlook explores implications of behavior and demographics on light-duty vehicle energy demand

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The US Energy Information Administration (EIA) is in the process of staging the release of the full Annual Energy Outlook 2014 (AEO2014), its annual report on projected energy use and analysis of select energy topics. The Reference case in AEO2014 assumes that VMT per licensed driver begins to increase after 2018. Source: EIA.

Energy 199
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Study finds no benefit to delaying or weakening ZEV policies to drive transition to electric drive

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Similarly, the study found, delaying the ZEV mandate is estimated to reduce upfront costs, but cause an even greater reduction in the present value of benefits. Even using pessimistic assumptions about future costs of electric drive technologies, the study showed no net benefit to delaying or weakening ZEV requirements.

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European Commission fines truck producers record €2.93B for colluding to pass on emission compliance costs

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The European Commission found that truck makers MAN, Volvo/Renault, Daimler, Iveco, and DAF broke EU antitrust rules by colluding for 14 years on truck pricing and on passing on the costs of compliance with stricter emission rules. The “gross list” price level relates to the factory price of trucks, as set by each manufacturer.

Emissions 150
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Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

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They also found that abundant natural gas can, however, help reduce the costs of achieving GHG reduction goals. Newell and Raimi modeled two scenarios: one in which natural gas production and prices follow a “reference case” scenario, and another in which increased shale gas production lowers prices and encourages increased consumption.

Climate 199