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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

Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. This slower growth is attributed to the relatively higher cost of the vehicles, driven by the cost of batteries.

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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

Without efficiency gains across economies worldwide, energy demand from 2010 to 2040 would be headed toward a 140% increase instead of the 35% forecast in the report. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. Forecasts Fuel Efficiency Fuels Market Background Oil'

Energy 252
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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Green Car Congress

This edition of the annual Outlook marks the first extension of the long-term energy forecast to 2040. The vast majority will be hybrids that use mainly gasoline plus a small amount of battery power; these will make up more than 40 percent of the global fleet by 2040. L/100 km) by 2040. Transportation fuel demand. Click to enlarge.

Personal 408
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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Blog Archive ▼ 2009 (52) ▼ April (6) Waxman-Markey and REDD BlogRoll Review: Space Beams, Leaded Batteries, an. Renewables That Even Coal-Based Utilities Can Love. Several early models of passenger vehicles have enough energy stored in advanced batteries to power several homes for hours.

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