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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. million b/d from March 2020. million b/d from 2020. MMBtu in 2020 to $3.31/MMBtu EIA expects US coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020.

2019 186
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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In France, renewable energy consumption will be 20 percent by 2020. In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. As private companies, automobile manufacturers look for the lowest cost means of getting from A to B and the premiums that they can charge for getting from A to B faster.

Renewable 220
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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. The energy storage market is currently limited by a number of factors, Pike notes, including: Inflexible electricity market structures; Displaced cost and benefits (i.e., Technology costs. Earlier post.).

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Costs are also falling due to classic economics. Earlier post.).

Financing 150
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Pike Research forecasts 37% CAGR for EV charging equipment, with 2.4 million units sold in 2020; wireless charging to show strong growth

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In a new report , Pike Research forecasts that global sales of electric vehicle (EV) charging equipment (EVSE) will grow at a steady pace from 2012 to 2020 as the global market for plug-in electric vehicles (PEVs) grows. million in 2020 at a compound annual growth rate (CAGR) of 37%, according to Pike’s projections. The data also.

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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

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The study focused on a portfolio of powertrains: BEVs, FCEVs, PHEVs and ICEs, taking into account significant advances in ICE technology between now and 2020. Wind : Nordex. Click to enlarge. There is also uncertainty as to whether large amounts of (sustainably produced) biofuels—i.e.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Asked when there might be one million electric vehicles on the road that could also feed their battery capacity back into the grid in a two-way exchange, the panelists generally said between 2017 and 2020. At current transportation battery prices, that is well beyond the cost of spinning reserve. the biggest cuts anywhere in the world.

Grid 47