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

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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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SK Innovation to end Li-ion JV with Continental due to slow demand growth for EVs

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The two companies launched the JV, SK Continental E-motion, in January 2013, with the mission of developing, producing and distributing lithium-ion based battery systems for cars and light commercial vehicles. Earlier post.). SK Innovation had a 51% stake while Continental owned 49%. billion won (US$13.87 billion won (US$13.87

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

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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

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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

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Further, the fossil fuel share of primary energy consumption falls from 82% in 2011 to 78% in 2040 as consumption of petroleum-based liquid fuels falls, largely because of the incorporation of new fuel efficiency standards for light-duty vehicles. Biofuels grow at a slower rate due to lower crude oil prices and. than in AEO2012.

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

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The DOE-QTR defines six key strategies: increase vehicle efficiency; electrification of the light duty fleet; deploy alternative fuels; increase building and industrial efficiency; modernize the electrical grid; and deploy clean electricity. DOE’s most significant role in transport research is here.

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

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It also updated the costs and sizes of electric and plug-in hybrid electric batteries and revised downward light-duty vehicle travel demand due to the adoption of a new estimation technique. Beyond 2020, CAFE standards for both passenger cars and light-duty trucks are held constant. Transportation projections.

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IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

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At a February 2018 meeting, an IMO-subcommittee announced a proposal to ban the carriage of non-compliant bunker fuel (fuel that exceeds the 0.50% sulfur limit) aboard ships that have not installed on-board ship scrubbers (exhaust gas cleaning systems), Barrow said.

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