article thumbnail

EIA projects increases in global energy consumption and emissions through 2050

Green Car Congress

Renewables will be the primary source for new electricity generation, but natural gas, coal, and increasingly batteries will be used to help meet load and support grid reliability. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.

Global 259
article thumbnail

IEE forecasts electric-drive LDVs could constitute between 2 to 12% of US vehicle stock by 2035

Green Car Congress

According to the report, “ Forecast of On-Road Electric Transportation in the US (2010-2035) ”, this figure could increase to as high as 30 million EVs depending on advances in battery technology. These scenarios provide projections based on EIA’s Annual Energy Outlook (AEO) 2012 Reference Case, advances in battery technology (e.g.,

article thumbnail

Electric Vehicle Charging Principle

Setec Powerr

With soaring oil prices and global policy support, electric vehicles will become increasingly popular. It mainly charges the battery directly with a large current through an off-board charger, so that the battery can be charged to about 80% in a short time. How does a lithium-ion battery work?

article thumbnail

Lux: Total is leading example of oil supermajor expanding into solar plus storage and distributed generation

Green Car Congress

France-based Total is the first oil supermajor aggressively to enter new areas of business including solar plus storage and distributed generation, notes Lux Research in a new report : “Superpower Darwinism: What Big Oil Can and Cannot Do About Total’s Billion-Dollar Battery Move.”. Asia challenges loom for battery acquirers.

Oil 150
article thumbnail

Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

Green Car Congress

The Roadmap proposes completely transforming the US light-duty vehicle fleet into one in which grid-enabled mobility (grid-enabled vehicles, GEV) is the new conventional standard. Global Demand for Oil. World demand for oil would fall, leading to lower world oil prices. Resilience to Future Price Shocks.

Grid 186
article thumbnail

MITEI releases report on Electrification of the Transportation System

Green Car Congress

Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility. Deutch and Moniz note that manufacturing is key to achieving a commercially successful EV battery pack—i.e., Vehicle technologies.

article thumbnail

A Look at EV Charging Pricing Policy and Why It Matters

EV Connect

For many drivers there is a basic understanding of how traditional gasoline pricing functions: Oil prices based on availability and proximity in large part dictate how much a driver will pay at the pump. Pricing at a Glance Charging up your electric car at home sets a pricing baseline.

Price 52