Asia, Cost, Gas and Oil Prices

Opinion: The Saudi Oil Price War Is Backfiring

Green Car Congress

AUGUST 12, 2015

Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. This could eventually result in refiners cutting their crude oil imports.

Oil Prices

Oil Prices Saudi Arabia Oil Price

EIA projects increases in global energy consumption and emissions through 2050

Green Car Congress

OCTOBER 7, 2021

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —Stephen Nalley.

Global

Global Energy Emissions Asia

Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

Green Car Congress

DECEMBER 28, 2015

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant expects Asia Pacific to remain the largest market, with more than 1.56 Various regional factors affect the markets for natural gas vehicles (NGVs), Navigant observes.

2015

2015 Gas Global North America

ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

Green Car Congress

AUGUST 29, 2016

Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. A recent study estimated that transport costs account for 8%–11% of the final cost of goods—almost double the cost for most industrialized countries.

Kazakhstan

Kazakhstan Connect Connected Transportation

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

Green Car Congress

NOVEMBER 24, 2010

Although co-production plants are much more costly than liquids-only configurations in terms of capital cost, Hari Mantripragadaa1 and Edward Rubin found, because of the high electricity revenues the cost of liquid product is lower than that of the liquids-only case, at market prices of electricity. Mantripragada and Edward S.

Coal

Coal Oil Prices CO2 Gas-Electric

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

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable

Renewable Parts Power Powered

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

Green Car Congress

JULY 5, 2016

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. A major factor has always been the cost of battery packs.

Global

Global Sale North America Oil Prices

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

JUNE 20, 2012

From a cost perspective, the potential of alternative fuels is of limited, if any value, according to the lead report written by James Bartis, a RAND senior policy researcher. Alternative liquid fuels do not offer DoD a way to appreciably reduce fuel costs. In this case, we would expect petroleum prices to rise considerably.

Price

Price Oil-Sands Turkey Fuel

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Green Car Congress

FEBRUARY 23, 2017

EIA research indicated that part of the reason for the underestimation of transportation sector consumption of liquid fuels stemmed from the use of methanol and its derivatives that were increasingly added into China’s gasoline and liquefied petroleum gas (LPG) streams. Methanol in China.

2000

2000 2016 Fuel China

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

AUGUST 31, 2011

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010

2010 Brazil Global Argentina

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

Global

Global 2012 Energy Oil

Fossil Fuel Production Up in 2008 Despite Recession

Green Car Congress

OCTOBER 17, 2009

World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December. Total gas production grew 3.8%

2008

2008 Oil-Sands Production Fuel

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

FEBRUARY 15, 2012

The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Source: KPMG. Click to enlarge. billion in 2005.

Climate Change

Climate Change Water Climate Global

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

SEPTEMBER 10, 2014

World petroleum and other liquid fuels consumption will increase 38% by 2040, spurred by increased demand in the developing Asia and Middle East, according to the Reference Case projections in International Energy Outlook 2014 ( IEO2014 ), released by the US Energy Information Administration (EIA). oil sands, either diluted or upgraded).

Asia

Asia Transportation Oil-Sands Oil Prices

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil

Oil Standards Price Oil Prices

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

Green Car Congress

JUNE 16, 2009

As one example of factors contributing to that decision, a survey of projected oil prices returned values between $30 and $250 a barrel, he said.). Lithium-ion batteries continue to face a number of technical and cost challenges, essentially represented in cost at initial volumes, safety, manufacturing reliability and life.

Li-ion

Li-ion 2011 Market Hybrid

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

Green Car Congress

NOVEMBER 13, 2013

Energy demand growth moves to Asia. Together, these changes represent a re-orientation of energy trade from the Atlantic basin to the Asia-Pacific region, according to the report’s scenario. Transport oil demand rises by 25% to reach 59 mb/d, with one-third of the increase going to fuel road freight in Asia. Source: IEA.

Oil

Oil 2013 Energy Emissions

EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Green Car Congress

JUNE 20, 2011

The company aims to transform the chemical industry through the cost-advantaged, smaller-footprint production of bio-based chemicals as direct replacements for major industrial chemicals that are currently petroleum-based in a trillion-dollar global market. They plan to roll out plants in the United States, Europe, and Asia over time.

Green

Green Market 2011 2020

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

PEV offerings have also been announced throughout Europe and Asia. While US automakers are working on PEVs, the US electric vehicle industry lags behind other regions—particularly Asia—in the areas of battery manufacturing, supply chain development, and raw materials production. The Need for “Truth in Advertising.”

Plug-in

Plug-in 2015 Plug Recharge

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Click to enlarge. Electric vehicles.

Oil

Oil Transportation Cheap Fleet

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

It’ll be mostly driven by the cost of gas. government will cover some of the costs. Battery-powered cars may be the wave of the future, but costs are high; the recharging infrastructure isn’t there, and hefty government subsidies are needed to make electric vehicles competitive. Pricing isn’t set.

Nissan

Nissan Japan United States Gasoline-Electric

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Find investors, resumes, and free research Get Cleantech Blog in your email Enter your email address: Subscribe in a reader Join us on Linked In Follow us on Twitter Join us on Facebook GHGBlog.com - The Greenhouse Gas Blog Loading. The World's First Clean Motocross Race On Electric. 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T

Grid

Grid Electric Vehicles Vehicles Oil-Sands

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

JANUARY 4, 2021

Silent engines, positive impact on the environment, and decreased fuel costs are all reasons for this transition to EVs. Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel.

Economy

Economy Electric Vehicles Vehicles Electric

EV Driven

Opinion: The Saudi Oil Price War Is Backfiring

EIA projects increases in global energy consumption and emissions through 2050

Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

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

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

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Fossil Fuel Production Up in 2008 Despite Recession

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

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

EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Nissan’s Big Gamble

Cleantech Blog: Smart Grids and Electric Vehicles

Can Electric Vehicles Speed Up As The Economy Slows Down?

Stay Connected