China, Forecast, Oil Prices and Renewable

EIA expects record global petroleum consumption in 2024, with lower crude oil prices

Green Car Congress

JANUARY 11, 2023

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.

Oil Prices

Oil Prices Oil Global Price

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. oil may not be able to fill. Eurasia Group forecasts about 7 million barrels per day (MMbbl/d) of new crude supply by 2022. by Haley Zaremba for Oilprice.com.

Oil Prices

Oil Prices Oil Saudi Arabia Price

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). in OECD countries and China; 10% in the rest of the world.

Renewable

Renewable Parts Power Powered

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

JANUARY 1, 2011

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. In DB’s Fall 2009 note, they had forecast 12% growth.

Transportation

Transportation Gasoline Lithium Ion Gasoline-Electric

Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

Green Car Congress

MAY 22, 2013

The index compares the development of e-mobility in seven leading car-manufacturing nations (Germany, France, Italy, US, Japan, China and South Korea) on the basis of three parameters: technology, manufacturing, and market. None of the subsidy programs that ended at the end of 2012 were renewed. Source: Roland Berger. Click to enlarge.

South Korea

South Korea Sale France Plug-in

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

Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

Oil-Sands

Oil-Sands Oil 2008 Oil Prices

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

Green Car Congress

JULY 25, 2013

Renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5% With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. million barrels per day.

2010

2010 Transportation Fuel Energy

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

World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Coal will increase by 1.2%

Energy

Energy Economy Global Oil-Sands

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

Global energy demand grows by more than one-third over the period to 2035 in the New Policies Scenario (our central scenario), with China, India and the Middle East accounting for 60% of the increase. by subsidies that amounted to $523 billion in 2011, up almost 30% on 2010 and six times more than subsidies to renewables. Renewables.

Global

Global 2012 Energy Oil

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

In developing its projections, the EIA implemented a new approach to forecasting VMT, based on an analysis of VMT by age cohorts and the aging of the driving population over the course of the projection. Generation from renewable fuels, unlike coal and nuclear power, is higher in the AEO2014 Reference case than in AEO2013.

Oil

Oil Light Energy Vehicles

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

Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost. Its growth will be limited to a few regions or countries hat are committed to meeting aggressive carbon-reduction targets but have few other renewable resources. Click to enlarge. BCG, November 2010).

Solar

Solar Boston Consulting Group Power Powered

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

Renewable fuel use grows at a much faster rate than fossil fuel use. The share of electricity generation from renewables grows to 16% in 2040 from 13% in 2011. Biofuels grow at a slower rate due to lower crude oil prices and. A shift to the use of Brent spot price as the reference oil price.

Fuel

Fuel Energy Sale 2013

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

Green Car Congress

JANUARY 23, 2012

The outlook reflects increased use of LNG in markets outside of North America, strong domestic natural gas production, reduced pipeline imports and increased pipeline exports, and relatively low natural gas prices in the United States compared to other global markets. Use of renewable fuels and natural gas for electric power generation rises.

Oil

Oil 2005 Production 2010

EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Green Car Congress

JUNE 20, 2011

Separately, a new report by Pike Research forecasts that green chemistry represents a market opportunity that will grow from $2.8 Genomatica is developing and commercializing sustainable basic and intermediate chemicals made from renewable feedstocks including readily available sugars, biomass, and syngas. billion in 2011 to $98.5

Green

Green Market 2011 2020

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

Green Car Congress

DECEMBER 17, 2010

Our Reference case projection shows the growing importance of natural gas from domestic shale gas resources in meeting US energy demand and lowering natural gas prices. Energy efficiency improvements and the increased use of renewables are other key factors that moderate the projected growth in energy-related greenhouse gas emissions.

Gas

Gas 2011 Price Energy

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

JANUARY 29, 2014

DNV and GL merged in September 2013 to form DNV GL—the world’s largest ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. Ship electrification and renewables.

Alternative Fuels

Alternative Fuels Fuel Gas-Electric Mariner

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

Green Car Congress

JULY 4, 2009

The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. That penetration could be significantly higher in big cities and certain regions, such as China. Experts, consultants and politicians tumble over one another with forecasts. What is the potential of renewable energy sources?

2013

2013 Companies Gas-Electric Recharge

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. Nearly half of the net increase in electricity generation comes from renewables.

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

China consolidates its position as the world’s largest energy consumer: it consumes nearly 70% more energy than the United States by 2035, even though, by then, per capita demand in China is still less than half the level in the United States. Oil and the Transport Sector: Reconfirming the End of Cheap Oil.

Oil

Oil Transportation Cheap Fleet

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Renewables That Even Coal-Based Utilities Can Love. Individuals and businesses lose months and connect fees when they add solar and other forms of renewable energy to the grid. 2) Chevy Volt (2) China (2) ECOD3.SA 2) Chevy Volt (2) China (2) ECOD3.SA 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T SZ (1) 6753.T

Grid

Grid Electric Vehicles Vehicles Oil-Sands

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

JANUARY 4, 2021

Amidst the COVID-19 pandemic, several conflicting reports about the future of EVs have emerged: some predict EVs to grow by 38% year-over-year, while others forecast a 43% drop. Outside of Europe, the US and China have experienced a sharp decrease in overall car sales as well. According to CleanTechnica , China will spend up to $1.5

Economy

Economy Electric Vehicles Vehicles Electric

EV Driven

EIA expects record global petroleum consumption in 2024, with lower crude oil prices

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

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

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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

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

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

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

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

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

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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

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

Cleantech Blog: Smart Grids and Electric Vehicles

Can Electric Vehicles Speed Up As The Economy Slows Down?

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