Carbon, Coal and Oil Prices

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

Green Car Congress

DECEMBER 22, 2014

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

Oil Prices

Oil Prices Oil Price Carbon

CSIRO and partners to test Direct Injection Carbon Engine to reduce brown coal emissions by up to 50%

Green Car Congress

APRIL 28, 2014

DICE involves converting coal or biomass into a water-based slurry (called micronised refined carbon, MRC) that is directly injected into a large, specially adapted diesel engine. The process has very high conversion efficiency >97% (LCA); he fuel choice determines the carbon footprint. DICE development network.

Coal

Coal Carbon Engine Emissions

Rhodium Group estimates US GHG emissions rose 1.3% in 2022

Green Car Congress

JANUARY 11, 2023

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021.

Emissions

Emissions Oil Prices 2005 Coal

EIA projects increases in global energy consumption and emissions through 2050

Green Car Congress

OCTOBER 7, 2021

If current policy and technology trends continue, global energy consumption and energy-related carbon dioxide emissions will increase through 2050 as a result of population and economic growth. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.

Global

Global Energy Emissions Asia

Updated NETL study provides more detailed economic and environmental assessment of coal-to-liquids and CTL with modest biomass

Green Car Congress

MAY 15, 2012

The National Energy Technology Laboratory (NETL) has released a follow-on study to its 2009 evaluation of the economic and environmental performance of Coal-to-Liquids (CTL) and CTL with modest amounts of biomass mixed in (15% by weight) for the production of zero-sulfure diesel fuel. This equates to diesel prices in the range of $2.70

Coal

Coal Diesel Oil Prices Water

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

JUNE 13, 2012

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% Brent oil prices were on average 40% higher than 2010 and exceeded $100 a barrel for the first time ever; at $111.26/bbl,

Coal

Coal Oil Renewable Saudi Arabia

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

DECEMBER 19, 2010

Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

Coal

Coal Oil Water Oil Prices

Syngas Engages Rentech and GE for Clinton Coal and Biomass to Liquids Project in Australia

Green Car Congress

NOVEMBER 25, 2009

Australia’s Syngas Limited has engaged Rentech to provide Fischer-Tropsch fuels production preliminary engineering services for Syngas’ proposed commercial scale coal and biomass to liquids (CBTL) fuels facility in Southern Australia, known as the Clinton Project. Additionally, the Clinton coal fluidizes well.

Coal

Coal Australia Diesel Oil Prices

Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel

Green Car Congress

JUNE 5, 2012

Resulting gases are passed over catalysts, causing reactions that separate oxygen from carbon molecules, making the carbon molecules high in energy content, similar to gasoline molecules. Three different carbon tax scenarios are analyzed: no carbon tax, $55/metric ton carbon tax and $110/metric ton carbon tax.

Oil Prices

Oil Prices Tax Coal Hydrogen

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

Comparison of coal consumption and CO 2 emissions for co-production and separate production of liquids and power. Conventional CTL plant gasifies coal to produce a syngas which is then converted in a Fischer-Tropsch reactor to products. Even with CCS, the liquid product costs are comparable to recent crude oil prices.

Coal

Coal Oil Prices CO2 Gas-Electric

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands

Oil-Sands Oil 2008 Oil Prices

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Green Car Congress

FEBRUARY 7, 2009

Background colors of the cells represent the crude oil price required for economic feasibility. These synthetic fuels are economically competitive with petro-diesel when the crude oil price (COP) is at or above $86 per barrel (based on a 20% rate of return, in January 2008 dollars, with a carbon price of zero).

Carbon

Carbon Diesel Fuel Coal

IEA: Global CO2 emissions up by 1.0 Gt (3.2%) in 2011 to record high

Green Car Congress

MAY 24, 2012

Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). China made the largest contribution to the global increase, with its emissions rising by 720 million tonnes (Mt), or 9.3%, primarily due to higher coal consumption. This represents an increase of 1.0 In 2011, a 6.1%

2011

2011 Global Emissions CO2

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

APRIL 14, 2015

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

2020

2020 Energy Transportation Oil Prices

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Green Car Congress

JANUARY 19, 2011

Natural gas is projected to be the fastest growing fossil fuel, and coal and oil are likely to lose market share as all fossil fuels experience lower growth rates. The region’s total demand for oil and other liquids peaked in 2005 and will be back at roughly the level of 1990 by 2030. Coal will increase by 1.2%

Energy

Energy Economy Global Oil-Sands

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Green Car Congress

NOVEMBER 11, 2010

” also sees steady adoption of on-shore wind and electric vehicle technologies, but suggests that off-shore wind and carbon capture and sequestration look likely to fade or decline. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost.

Solar

Solar Boston Consulting Group Power Powered

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

OCTOBER 25, 2009

The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. Donohoo, Malcolm A. Weiss, Ian A.

MIT

MIT Oil-Sands Commercial Available

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. Coal has led the growth in fossil fuel production. In 2000, coal provided 28% of the world’s fossil fuel energy production, compared with 45% for oil.

2008

2008 Oil-Sands Production Fuel

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

FEBRUARY 28, 2019

And it has become clear that not only oil and gas giants are being targeted, after one of the world’s largest mining and commodity trading companies, Glencore, decided to put a limit on its thermal coal investment. The latter is partly caused by “global warming constraints” and lower oil prices in general.

Oil

Oil Industrial Industry Financing

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Green Car Congress

AUGUST 15, 2010

In Alberta, for example, CO 2 emissions from coal-fired electric power exceed emissions from oil sands and the costs of reducing emissions from coal electricity are lower. Yet, coal-fired emissions in Alberta receive relatively little attention from environmental organizations and the public. Click to enlarge.

Oil-Sands

Oil-Sands Oil Emissions Coal

MITEI releases report on Electrification of the Transportation System

Green Car Congress

JANUARY 13, 2011

of carbon dioxide (CO 2 ) emissions in the US. Electrification will reduce emissions, with the scale determined by the carbon intensity of the power sector. Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility.

Transportation

Transportation MIT Oil Prices Oil

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

DECEMBER 5, 2012

Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. Biomass and biofuels growth is slower.

Fuel

Fuel Energy Sale 2013

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

barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. Despite the growth in low-carbon sources of energy, fossil fuels remain dominant in the global energy mix, supported. Energy demand. — WEO-2012. Renewables.

Global

Global 2012 Energy Oil

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

DECEMBER 17, 2010

Assuming no changes in policy related to greenhouse gases, carbon dioxide emissions grow slowly, but do not again reach 2005 levels until 2027. Coal remains the dominant energy source for electricity generation because of continued reliance on existing coal-fired plants. —EIA Administrator Richard Newell.

Gas

Gas 2011 Price Energy

Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Coal consumption: lower increase due to financial crisis and more renewable electricity.

2008

2008 Oil Renewable Emissions

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

MAY 27, 2009

Projected growth in world carbon dioxide emissions. World carbon dioxide emissions are projected to rise from 29.0 World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. Source: IEO2009.

2006

2006 Emissions Energy Oil-Sands

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

DECEMBER 16, 2013

Natural gas overtakes coal as the largest fuel for US electricity generation. Projected low prices for natural gas make it a very attractive fuel for new generating capacity. In some areas, natural gas-fired generation replaces power formerly supplied by coal and nuclear plants. Tcf in 2012 to 2.1 billion metric tons.

Oil

Oil Light Energy Vehicles

Refiners and Truckers Associations Challenge California LCFS in Federal Court

Green Car Congress

FEBRUARY 3, 2010

The National Petrochemical & Refiners Association (NPRA) filed a legal challenge to California’s Low Carbon Fuel Standard (LCFS) with the US District Court, Eastern District of California, Fresno Division. Earlier post.). 110-140, 121 Stat. 1492, and the federal Renewable Fuels Standard.

California

California Oil-Sands Oil 2005

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

Green Car Congress

JULY 2, 2013

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand. Historical scenario. (A) Credit: ACS, Brandt et al.

Oil

Oil Oil-Sands Fuel Economy Transportation

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

SEPTEMBER 28, 2011

Furthermore, DOE will only support technologies that emit less carbon than incumbents—in keeping with our national energy goals. Although biofuels have other economic or security advantages, DOE understands that any drop-in liquid fuel will not insulate consumers from the global oil price. fleets).

Transportation

Transportation Fuel Economy Light Fuel

Annual increases in CO2 slows down

Green Cars News

JUNE 28, 2009

With oil prices surging in the summer of 2008, the annual increase in global emissions of carbon dioxide (CO2) from oil, coal, gas and cement production appear to have halved according to preliminary estimates by the Netherlands Environmental Assessment Agency. per cent in 2008, compared to 3.3 per cent in 2007.

CO2

CO2 Netherlands 2008 2007

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

Green Car Congress

JANUARY 15, 2014

No EDV deployment occurs with high battery costs, low oil prices, and no CO 2 policy. higher oil prices, a CO 2 policy, lower battery cost—the median market shares increase. higher oil prices, a CO 2 policy, lower battery cost—the median market shares increase.

Emissions

Emissions Oil Prices Vehicles Oil

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

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. Low-carbon energy sources (renewables and nuclear) meet around 40% of the growth in primary energy demand. Low-carbon energy sources meet around 40% of the growth in global energy demand.

Oil

Oil 2013 Energy Emissions

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

Alternative technologies, such as hybrid and electric vehicles that use oil more efficiently or not at all, continue to advance but they take time to penetrate markets. Without a bold change of policy direction, the IEA warned at the launch, the world will lock itself into an insecure, inefficient and high-carbon energy system.

Oil

Oil Transportation Cheap Fleet

RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

Green Car Congress

JANUARY 25, 2011

If the US military increases its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there will be no direct benefit to the nation’s armed forces, according to a new RAND Corporation study.

Alternative Fuels

Alternative Fuels Fuel Energy Coal

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Green Car Congress

OCTOBER 18, 2010

They assumed an oil price of US$80/bbl, close to the short-term. GHG emissions from electric driving depend most on the fuel type (coal or natural gas) used. 155 g/km (using electricity from an old coal-based plant). conjunction with other car alternatives, low or zero carbon fuels and green electricity in.

Plug-in

Plug-in Charging PHEV Gasoline-Electric

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climate change and carbon, and the environment. Cleantech Crunched Top 10 Low Carbon Footprint Cars (and one SUV) for. Tree Planting as Carbon Offsets – Does Latitude Ma. Email Neal.

Grid

Grid Electric Vehicles Vehicles Oil-Sands

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

APRIL 16, 2009

GET IT NOW Advisory Blogger Board Leading Members of The Energy Collective Community Taking the Lead Meet our Advisory Blogger Board Browse Home All Posts Agriculture Alternative Energy Batteries Biofuels Cap-and-Trade Carbon and De-carbonization Climate Coal Energy Environmental Policy Geothermal Energy Green Building Green Business Transportation (..)

Chinese

Chinese Companies Electric Cars BYD

EV Driven

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

CSIRO and partners to test Direct Injection Carbon Engine to reduce brown coal emissions by up to 50%

Rhodium Group estimates US GHG emissions rose 1.3% in 2022

EIA projects increases in global energy consumption and emissions through 2050

Updated NETL study provides more detailed economic and environmental assessment of coal-to-liquids and CTL with modest biomass

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%

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Syngas Engages Rentech and GE for Clinton Coal and Biomass to Liquids Project in Australia

Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel

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

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

IEA: Global CO2 emissions up by 1.0 Gt (3.2%) in 2011 to record high

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Fossil Fuel Production Up in 2008 Despite Recession

The $32-Trillion Push To Disrupt The Entire Oil Industry

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

MITEI releases report on Electrification of the Transportation System

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

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

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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

Refiners and Truckers Associations Challenge California LCFS in Federal Court

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

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Annual increases in CO2 slows down

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

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

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

RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Cleantech Blog: Smart Grids and Electric Vehicles

Buffett's Chinese electric car company

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