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

American energy and American made

Electric Auto Association

This article was first posted on the West Virginia Electric Auto Association (WVEAA) site. As we approach this Independence Day, I want to call attention to two things from an electric vehicle (EV) perspective. You can’t ship a boatload of electricity from a foreign country!

article thumbnail

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

Green Car Congress

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 150
article thumbnail

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

Green Car Congress

A new study by researchers at the University of Colorado at Boulder projects the emission impacts of the widespread introduction of inexpensive and efficient electric vehicles into the US light duty vehicle (LDV) sector. Among their findings: Gasoline vehicles dominate in the BAU scenario for the entire time horizon.

Emissions 150
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

Ethanol FFVs account for 11% of overall vehicle sales in 2040, followed by hybrid electric vehicles (excluding micro hybrids) at 5% of new sales in 2040, up from 3% in 2012; diesel vehicles at 4% in 2040 up from 2% in 2012; and plug-in hybrid vehicles and electric vehicles at about 1% each, both up from negligible shares in 2012.

Oil 290
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

” 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 295
article thumbnail

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

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.

Oil-Sands 225