Remove Carbon Remove Hybrid Remove Oil Remove Oil Prices
article thumbnail

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

article thumbnail

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. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 Tcf in 2012 to 2.1

Oil 290
article thumbnail

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

Green Car Congress

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 150
article thumbnail

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

Green Car Congress

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. Tcf in the High Oil and Gas Resource case.

2020 150
article thumbnail

Navigant Research: plug-in electric vehicles close to becoming leading alternative fuel platform, best positioned to lead future

Green Car Congress

This long-term growth is expected to be propelled by improving vehicle technology economics—a function of battery innovations, government transportation energy policies, oil price projections, and movements to price carbon. —Scott Shepard, senior research analyst with Navigant Research.

article thumbnail

Navigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half

Green Car Congress

vehicles that use electricity for traction, including hybrids, plug-in hybrids, and battery-electrics) will grow from 2.6 It will also be due to the continued drive to reduce carbon emissions and improve vehicle fuel economy in the major developed vehicle markets. million vehicle sales in 2015 to more than 6.0 million in 2024.

Light 150
article thumbnail

Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

Green Car Congress

Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Of course, other countries benefit from this fact, with about $900 million flowing out of the US to buy foreign oil every day, and about 40% of that going to OPEC. [

Oil 255