Remove Cleaner Remove Energy Storage Remove Oil Remove Oil Prices
article thumbnail

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

Green Car Congress

The fortunes of alternative energy have historically waxed and waned with the price levels of oil, gas, and other energy sources, rising when prices are high only to fall once they retreat. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost.

Solar 295
article thumbnail

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., In this regard, PHEVs may be closer than BEVs to overcoming the valley, since the current energy storage capabilities for BEVs are inadequate.

Plug-in 218