Remove Africa Remove Hybrid Remove Low Cost Remove Wind
article thumbnail

BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

Green Car Congress

per year, quadrupling over the Outlook, driven by increasing competitiveness of both solar and wind. The Energy Outlook speculates that the abundance of oil may cause low-cost producers, such as Middle East OPEC, Russia and the US, to use their competitive advantage to increase their market share at the expense of higher-cost producers.

Fuel 150
article thumbnail

BP outlook: Energy demand grows as fuel mix continues to diversify; EVs in global car parc at 15% by 2040, but electric share of VMT at 30%

Green Car Congress

Natural gas grows strongly over the period, supported by increasing levels of industrialization and power demand in fast-growing emerging economies, continued coal-to-gas switching, and the increasing availability of low-cost supplies in North America and the Middle East. Carbon emissions.

Global 170
article thumbnail

PNNL study outlines requirements for grid storage, reviews four electrochemical energy storage systems: vanadium redox flow, Na-beta, Li-ion and lead-carbon

Green Car Congress

To smooth out the intermittency of renewable energy production, low-cost electrical energy storage (EES) will become necessary. electricity) to hybrid and electrical vehicles, although the cost of implementing EES is of great concern. The anode is metallic sodium in a molten state during battery operation.

Li-ion 231
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

BYD makes about 80% of Motorolas RAZR handsets, as well as batteries for iPods and iPhones and low-cost computers, including the model distributed by Nicholas Negropontes One Laptop per Child nonprofit based in Cambridge, Mass. operations are small - about 20 people work in a sales and marketing outpost in Elk Grove Village, Ill.,

BYD 62
article thumbnail

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

The legislation would also provide new incentives for domestic oil and gas drilling, nuclear power plant construction, carbon capture and storage, and renewable energy sources like wind and solar. a third-party vendor has successfully run auctions on behalf of federal or state agencies at low cost.

Gas 244