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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

Coal 221
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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36

2015 150
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ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

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The relative shift away from motor gasoline to diesel is driven by improving light-duty vehicle fuel economy and the growth in commercial transportation activity. Mix of the global vehicle fleet. Sources for fuel economy gains in light-duty vehicles. Sources for fuel economy gains in light-duty vehicles. Click to enlarge.

Gasoline 383
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Navigant forecasts global road transportation energy consumption to increase 25% by 2035; 84% from conventional fuels

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In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 Most developed countries in Western Europe and parts of Asia Pacific will also exhibit similar decreases in energy consumption. quadrillion Btu in 2014 to 101.7

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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7

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Ford builds 2-millionth EcoBoost engine, with take rates growing globally; expected to exceed Ford’s global diesel production

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With customer demand exceeding its initial projections, Ford now expects EcoBoost production to exceed its global diesel engine production. EcoBoost technology combines smaller overall size with turbocharging, direct injection and variable valve timing to deliver significantly improved performance and fuel economy. Global take rates.

Global 230
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Ford to bring 20 new engines and transmissions to China and improve fleet fuel economy by more than 20% by 2015; producing the new 1.0L EcoBoost in China

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Ford will upgrade its entire powertrain portfolio in China by bringing 20 advanced engines and transmissions to support its planned introduction of 15 new vehicles to China—the world’s largest auto market—by 2015. —Kumar Galhotra, vice president, Product Development, Ford Asia Pacific and Africa.