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

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The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.

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Navigant forecasts global medium- and heavy-duty alt powertrain sales to exceed 820K units in 2026

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Whereas fuel cost used to be a major driver for fleet managers, the lowering of oil prices and the availability of low-cost natural gas has reduced this concern, Navigant notes. of all miles driven each year, and consume more than 25% of all the fuel burned annually. of vehicles in the US, drive 9.3%

Global 150
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MITEI releases report on Electrification of the Transportation System

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The report represents a range of views from those at the symposium and, where possible, includes consensus or general recommendations from the presenters and participants; it is in no way intended to represent the views of all the participants, the individual participants, or of the rapporteurs. Vehicle technologies. —Deutch and Moniz.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Real weighted average cost of capital is 7.5%

Renewable 150
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Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

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The DOE-QTR defines six key strategies: increase vehicle efficiency; electrification of the light duty fleet; deploy alternative fuels; increase building and industrial efficiency; modernize the electrical grid; and deploy clean electricity. will apply two themes to the development of the overall R&D portfolio.

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Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

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Will be competitive at an oil price of $45 to $90 at their commercial date. If the technology can be brought to scale, then waste feedstock processing could solve two problems at once—a source of low-cost, low-carbon renewable fuel, and a solution to the ever more critical issue to landfill reduction.

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IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

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China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The US moves steadily towards meeting all of its energy needs from domestic resources by 2035. Low-carbon energy sources (renewables and nuclear) meet around 40% of the growth in primary energy demand.

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