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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

Increased sales for hybrids and PHEVs. Reductions in battery electric vehicles are offset by increased sales of hybrid and plug-in hybrid vehicles, which grow to about 1.3 Although about one-half of new LDV sales in 2040 use diesel, alternative fuels, or hybrid technology, only a small share, less than 1%, are all-electric.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

Use of Hydrous Ethanol in Brazil. The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. In 1975, General Ernesto Geisel, then-president of Brazil, ordered the country’s gasoline supply mixed with 10% ethanol. Donovan, CEO Renergie, Inc.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

The fuel economy of gasoline-powered LDVs continues to increase, and advanced technology fuel efficiency subsystems are added, such as micro hybridization, which is installed on 42% of gasoline LDVs in 2040. T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017.

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Toyota digs for Lithium

Revenge of the Electric Car

For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. From the Reuters post: “A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world’s largest automaker keep its lead in gasoline-electric hybrid cars. By Eriko Amaha for Reuters.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

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The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. Volkswagen had begun exploring hybrid and electric drive technology in the 1990s. Volkswagen had begun exploring hybrid and electric drive technology in the 1990s. This trend is no fad, but a fundamental paradigm shift.”.

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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

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Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. billion in 2035.

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