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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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CSIRO and partners to test Direct Injection Carbon Engine to reduce brown coal emissions by up to 50%

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DICE involves converting coal or biomass into a water-based slurry (called micronised refined carbon, MRC) that is directly injected into a large, specially adapted diesel engine. The fuel burns to produce intense temperature and pressure in the engine, which provides highly efficient power to turn electrical generators.

Coal 257
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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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According to the base case forecast, diversification of energy sources increases and non-fossil fuels (nuclear, hydro and renewables) are together expected to be the biggest source of growth for the first time. The region’s total demand for oil and other liquids peaked in 2005 and will be back at roughly the level of 1990 by 2030.

Energy 210
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MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

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The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. Adverse effects of ULS jet fuel would include higher fuel prices (by about $0.05

MIT 250
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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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annual increase in fuel economy from 2012 to 2040 as a result of GHG emission and fuel efficiency standards for medium- and heavy-duty vehicles and engines. Natural gas prices significantly increase the demand for LNG and compressed natural gas in AEO2014 , from an insignificant share in 2012 to 8% of HDV energy consumption in 2040.

Oil 290
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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006 150
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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

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The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. While in the past consumers tended to count horsepower and cylinders in the engine, they now are focusing more on fuel consumption and CO 2 values, he said. What is the potential of renewable energy sources?

2013 150