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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% World primary energy consumption grew by 2.5%

Coal 261
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Feasibility study concludes Arckaringa coal-to-methanol project could be viable addition to CTL

Green Car Congress

A Technical Feasibility Study (TFS) for a coal-to-methanol (CTM) plant based on the Arckaringa coal resources in Australia has concluded that CTM could be a viable project capable of augmenting the Bankable Feasibility Study (BFS) for Altona Energy’s Arckaringa Clean Energy CTL (coal-to-liquids) and Power Project in South Australia.

Coal 186
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Half of that increase will come from the Asia Pacific region, led by China.

Energy 252
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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

The growth reflects an expected 90% increase in electricity use, led by developing countries where 1.3 billion people are currently without access to electricity. Over the same period, electric and plug-in vehicles are expected to grow to about 70 million cars, or less than 5 percent of the total fleet. Transportation.

Oil-Sands 309
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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

Because of the lower carbon/hydrogen ratio of methane (CH 4 ) relative to gasoline, CO 2 emissions from the combustion of natural gas are approximately 75% of those of gasoline for a given amount of energy production. emissions are reduced by around 25% relative to the use of gasoline for the same engine efficiency.

MIT 299
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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

Green Car Congress

ExxonMobil forecasts that by 2040, one of every four cars on the world’s roads will be a hybrid; conventional cars (primarily gasoline-powered) will still remain most popular to 2040. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers.

2014 150
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ARB posts six new LCFS pathway applications for comment; new PFAD biodiesel approach

Green Car Congress

The LCFS requires oil producers, importers and other fuel providers gradually to reduce, on a full-fuel lifecycle basis, the carbon intensity (CI) of their transportation fuel mix (measured in gCO 2 e/MJ) by from 0.25% in 2011 to 10% by 2020. The baseline carbon intensity for gasoline in the LCFS lookup table is 99.18 Earlier post.)

Oil 247