Coal, Forecast and Renewable

Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

Green Car Congress

OCTOBER 11, 2021

The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.

Renewable

Renewable Energy Storage Coal Production

3 Oil Majors That Bet Big On Renewables

Green Car Congress

AUGUST 31, 2020

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Yet, its natural gas output will still comprise 85% of its total production by the end of the forecast period. 1 Equinor.

Oil

Oil Renewable Wind Gas-Electric

IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

Green Car Congress

AUGUST 12, 2013

IBM has developed an advanced power and weather modeling technology that will help utilities increase the reliability of renewable energy resources. The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy.

Wind

Wind Solar Grid Power Grid

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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

Green Car Congress

JULY 15, 2021

Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

Coal

Coal Renewable Global Iraq

BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

Green Car Congress

APRIL 7, 2021

In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. MMBtu) by 2050 in most modeled markets.

Cost Of

Cost Of Hydrogen Solar Green

OnStar and Google demonstrate concept service for managing charging Chevrolet Volts with renewable energy

Green Car Congress

JANUARY 23, 2012

Concept of the service and mobile app for renewable charging. OnStar and Google are working together to demonstrate a new OnStar service for managing the charging of Chevrolet Volts with renewable energy, using the 17 Chevrolet Volts in Google’s “Gfleet” based at the company’s headquarters in Mountain View, Calif. Click to enlarge.

Volt

Volt Google Renewable Chevrolet

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

JUNE 19, 2018

The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. The levelized cost of electricity (LCOE) from new PV plants is forecast to fall a further 71% by 2050, while that for onshore wind drops by a further 58%. Coal emerges as the biggest loser in the long run.

Wind

Wind Solar Global Coal

EIA expects continued high prices for diesel and home heating oils

Green Car Congress

NOVEMBER 9, 2022

US distillate fuel inventories average 17% below the five-year average in the forecast for 2023. Other key takeaways from the November 2022 STEO forecast include: EIA forecasts renewable energy sources will provide 24% of US electricity generation in 2023, up from an estimated 22% in 2022. “We

Oil

Oil Diesel Price Russia

US shift toward wind and solar will cut coal, make EVs cleaner

Green Car Reports

JANUARY 24, 2023

Increased use of renewable energy will help reduce electricity generation from coal and natural gas power plants, according to the U.S. The EIA forecasts that wind and solar will together account for 16% of total electricity generation in 2023, up from 14% in 2022 and 8% in 2018.

Cleaner

Cleaner Coal Wind Solar

Renewables to overtake coal as largest global electricity source in 2025

Teslarati

JANUARY 15, 2024

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. Success in meeting the tripling goal will hinge on this.”

Coal

Coal Renewable Global Wind

Berkeley Lab study forecasts China energy use will peak within 20 years; 356 million private cars by 2050

Green Car Congress

MAY 2, 2011

According to this new forecast, the current steeply rising curve of energy demand in China will begin to moderate between 2030 and 2035 and flatten thereafter. It is reduced by 900 Mtce to 4600 Mtce in AIS in 2050, a cumulative energy reduction of 26 billion tonnes of coal equivalent from 2005 to 2050.

China

China Energy 2005 Cars

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% World use of petroleum and other liquid fuels grows from 87 million barrels per day in 2010 to 97 million barrels per day in 2020 and 115 million barrels per day in 2040, according to the forecast.

2010

2010 Transportation Fuel Energy

EIA: energy-related CO2 emissions in US to fall 11% this year

Green Car Congress

MAY 14, 2020

The US Energy Information Administration (EIA) forecasts that US energy-related carbon dioxide (CO 2 ) emissions will decline by 11% in 2020. In EIA’s latest Short-Term Energy Outlook , US energy-related CO 2 emissions are forecast to fall more than the 5% decline in gross domestic product (GDP) in 2020. Source: U.S. Source: U.S.

Emissions

Emissions Energy CO2 Coal

Renewables have overtaken fossil fuel as Italy’s main power source

Teslarati

JULY 21, 2024

According to a statement last week from Italy’s grid operator, renewable energy overtook fossil fuels as the lead source of electricity generation in the first six months of the year. percent during the same period in 2023, while fossil fuels saw a 19-percent decrease year over year, and coal production dropped steeply by 77.3

Renewable

Renewable Powered Power Italy

IBM Research launches 10y project to support China in transforming national energy systems; “Green Horizon”

Green Car Congress

JULY 7, 2014

Dubbed “Green Horizon”, the initiative sets out to surpass current global practices in three areas critical to China’s sustainable growth: air quality management; renewable energy forecasting; and energy optimization for industry. Renewable energy forecasting. Click to enlarge.

China

China Energy Green Grid

EIA: US LNG exports will fall 6% from 1H 2022 to 2H 2022 following Freeport outage

Green Car Congress

JULY 13, 2022

That amount is a 14% decrease in US LNG exports from EIA’s June forecast. We expect lower US natural gas prices for the rest of 2022 than we had previously forecast, but lower prices in 2022 led us to reduce our expectations for natural gas production. EIA forecasts the US Henry Hub spot price will average $5.97

Gas-Electric

Gas-Electric Coal Gas Solar

ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Green Car Congress

DECEMBER 11, 2011

This edition of the annual Outlook marks the first extension of the long-term energy forecast to 2040. ExxonMobil projects that global electricity demand will rise by 80% through 2040 as economies and living standards improve, and consumers switch to electricity from other sources such as oil, coal or biomass. L/100 km) by 2040.

Personal

Personal Global Transportation Fuel

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

MARCH 10, 2020

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. —Dr Fatih Birol, IEA Executive Director.

Oil

Oil 2020 Global Market

Harvard team finds large-scale US wind power would cause warming that would take roughly a century to offset

Green Car Congress

OCTOBER 5, 2018

All large-scale energy systems have environmental impacts, and the ability to compare the impacts of renewable energy sources is an important step in planning a future without coal or gas power. Wind beats coal by any environmental measure, but that doesn’t mean that its impacts are negligible. Source: Miller and Keith (2018a).

Wind

Wind Power Powered Coal

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

Green Car Congress

JANUARY 11, 2023

US oil production is the largest source of production growth in the forecast, but that growth remains uncertain because of relatively low capital investment from oil producers, EIA noted. EIA forecasts that the European benchmark Brent crude oil price will average less than $80 per barrel in 2024, more than 20% lower than in 2022.

Oil Prices

Oil Prices Oil Global Price

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

The forecast’s base case points to primary energy use growing by nearly 40% over the next twenty years, with 93% of the growth coming from non-OECD (Organization of Economic Co-operation and Development) countries. Coal will increase by 1.2% Global liquids demand is forecast to reach 102.4 The net growth of 16.5

Energy

Energy Economy Global Oil-Sands

ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

Green Car Congress

JULY 21, 2021

For battery EVs, the GHG emissions for “fuel/electricity” production are dominated by the coal and natural gas used in electricity generation. Although China and India rely more heavily on coal in electricity generation, even in these countries, battery EVs offer a clear climate benefit compared to gasoline cars, according to the report.

Hydrogen

Hydrogen Fuel Battery Batteries

Hydro-Québec will support the clean hydrogen sector in Québec

Green Car Congress

DECEMBER 8, 2019

In addition to having access to Québec’s vast water resources to generate green, renewable power at competitive prices, Hydro-Québec has everything it needs to support the development of green hydrogen. Renewable natural gas. Decarbonizing the economy to reduce greenhouse gas (GHG) emissions is one of the company’s priorities.

Hydrogen

Hydrogen Clean Cleaning Gas-Electric

BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

Green Car Congress

NOVEMBER 13, 2022

Both scenarios expect that growth in electricity demand can primarily be met by deployment of renewables such as solar, due to their falling costs. Today, coal-fired plants meet more than 60% of Indonesia’s power demand. Under the ETS, coal’s share rises to a peak of 74% by 2027 and then declines to 24% in 2050.

Indonesia

Indonesia Coal Lithium Ion Asia

EIA projects increases in global energy consumption and emissions through 2050

Green Car Congress

OCTOBER 7, 2021

According to the IEO2021 Reference case, which projects future energy trends based on current laws and regulations, renewable energy consumption has the strongest growth among energy sources through 2050. Liquid fuels remain the largest source of energy consumption, driven largely by the industrial and transportation sectors.

Global

Global Emissions Energy Asia

IEA: global map of oil refining and trade to be redrawn over next 5 years

Green Car Congress

OCTOBER 12, 2012

The MTOMR is the last in a series of medium-term forecasts that the IEA devotes to each of the four main primary energy sources: oil, gas, coal and renewable energy. Demand from non-OECD economies is forecast to overtake that in the OECD as early as 2014. But it also highlights elevated supply and demand risks.

Oil

Oil Oil-Sands Global Oil Prices

DNV GL: world energy demand will peak in 2035 prompting a reshaping of energy investment due to rapid electrification and inherent efficiency

Green Car Congress

SEPTEMBER 10, 2018

The decarbonization of the energy mix will be reflected in investment trends with money spent on renewables set to triple by 2050, according to the report. As money and policy increasingly favor gas and renewables, the rapidly electrifying energy system will deliver efficiency gains that outpace GDP and population growth.

Energy

Energy Renewable Oil Gas-Electric

PNNL study finds 2028 grid resource adequacy likely sufficient for high EV penetration; managed charging strategies can double adequacy

Green Car Congress

JULY 30, 2020

All EV charging load is likely to reduce renewable curtailments between 25% and 75% based on when EVs are charged. It is likely, the researchers said, that capacity expansion in anticipation of additional load may mitigate the cost increase, particularly if the additional generation is renewable generation resources.

Grid

Grid Charging Power Grid California

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. Natural gas overtakes coal as the largest fuel for US electricity generation.

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

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. Cleaner coal through carbon capture and sequestration. Tags: Carbon Capture and Storage (CCS) Cellulosic ethanol Electric (Battery) Forecasts Solar Wind.

Solar

Solar Boston Consulting Group Power Powered

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

JUNE 15, 2013

Siemens suggests abandoning a fixed target for renewable energies and concentrating on the CO 2 reduction goal. Germany has embarked on a large-scale Energiewende (energy transition)—a policy-driven shift away from nuclear and fossil energy to a renewable energy economy. Source: Siemens. Click to enlarge. billion) this year.

Germany

Germany Energy Renewable Grid

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

World production of unconventional resources (including biofuels, oil sands, extra-heavy oil, coal-to-liquids, and gas-to-liquids), which totaled 3.9 Renewable energy is projected to be the fastest growing source of primary energy over the next 25 years, but fossil fuels remain the dominant source of energy. million barrels per day.

Oil-Sands

Oil-Sands Oil 2008 Oil Prices

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

DECEMBER 15, 2013

Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. Renewable energy. Forecasts Fuel Efficiency Fuels Hybrids Natural Gas Oil Power Generation' Click to enlarge.

Oil-Sands

Oil-Sands Energy Hybrid Oil

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

Green Car Congress

DECEMBER 17, 2010

Energy efficiency improvements and the increased use of renewables are other key factors that moderate the projected growth in energy-related greenhouse gas emissions. According to the forecast, unconventional vehicles will represent more than 40% of US light-duty vehicle sales in 2035. —EIA Administrator Richard Newell.

Gas

Gas 2011 Price Energy

Canada Launches Algal Biofuels Project

Green Car Congress

JUNE 5, 2010

Carbon2Algae eventually plans to operate algae photobioreactors that will capture carbon dioxide from facilities such as the Alberta oil sands or coal-fired power plants, and use these emissions to allow local strains of algae to thrive. Sixty-four species of algae have been collected and studied so far by the algal biofuels project.

Canada

Canada Oil-Sands Mariner Oil

GlobalData: hydrogen to become game changer as large-scale source of cleaner power

Green Car Congress

JULY 6, 2020

The technology has the capability to serve as a long-term, large-scale clean energy storage medium that aids power generation from renewable sources, however, formulating a cost-effective and well-regulated transition is a complex issue and the cost of producing hydrogen from renewable energy sources is currently expensive.

Hydrogen

Hydrogen Cleaner Powered Power

ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

Green Car Congress

JANUARY 25, 2016

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

2014

2014 Carbon Energy Fuel Economy

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

barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. by subsidies that amounted to $523 billion in 2011, up almost 30% on 2010 and six times more than subsidies to renewables. Renewables. Energy demand.

Global

Global 2012 Energy Oil

BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

MARCH 31, 2020

The report’s findings suggest that renewable hydrogen could be produced for $0.8 When including the cost of storage and pipeline infrastructure, the delivered cost of renewable hydrogen in China, India and Western Europe could fall to around $2/kg ($15/MMBtu) in 2030 and $1/kg ($7.4/MMBtu) kg in most parts of the world before 2050.

Hydrogen

Hydrogen Carbon Emissions Price

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

Use of renewable fuels and natural gas for electric power generation rises. The natural gas share of electric power generation increases from 24% in 2010 to 27% in 2035, and the renewables share grows from 10% to 16% over the same period. Total US energy-related CO 2 emissions remain below their 2005 level through 2035.

Oil

Oil 2005 Production 2010

Scenario study suggests increased vehicle electrification in Europe increases demand for gas in power sector; limited ability for power-to-gas

Green Car Congress

MAY 29, 2018

Specifically, the authors found that while demand for gas from the residential sector decreases as electrification progresses, because of the planned phasing-out of coal and nuclear generation and limited increase of renewables, overall gas demand rises in the power market.

Gas

Gas Powered Power Europe

Toshiba to participate in 4-year power-to-gas hydrogen fuel project in Scotland

Green Car Congress

MARCH 19, 2015

In the project, Toshiba will deploy its hydrogen energy management system (H 2 EMS), which is designed for optimal production and storage of hydrogen based on electricity supply and demand forecasts.

Hydrogen

Hydrogen Fuel Powered Power

BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

Green Car Congress

JANUARY 25, 2017

The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% Natural gas grows more quickly than either oil or coal over the Outlook, with demand growing an average 1.6% Oil demand grows at an average rate of 0.7%

Fuel

Fuel Global Energy Oil

US renewables’ installed generating capacity beats coal

Baua Electric

MARCH 29, 2024

Photo by Los Muertos Crew on Pexels.com Solar capacity additions hit the ground running in 2024, pushing renewables’ installed generating capacity past coal, according to new US Federal Energy Regulatory Commission (FERC) data. That’s more than the installed capacity of coal (207.15 of the total. GW) but also hydropower (101.41

Coal

Coal Installation Renewable Solar

Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

3 Oil Majors That Bet Big On Renewables

Webinars

Trending Sources

IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

Webinars

IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

OnStar and Google demonstrate concept service for managing charging Chevrolet Volts with renewable energy

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

EIA expects continued high prices for diesel and home heating oils

US shift toward wind and solar will cut coal, make EVs cleaner

Renewables to overtake coal as largest global electricity source in 2025

Berkeley Lab study forecasts China energy use will peak within 20 years; 356 million private cars by 2050

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

EIA: energy-related CO2 emissions in US to fall 11% this year

Renewables have overtaken fossil fuel as Italy’s main power source

IBM Research launches 10y project to support China in transforming national energy systems; “Green Horizon”

EIA: US LNG exports will fall 6% from 1H 2022 to 2H 2022 following Freeport outage

ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Harvard team finds large-scale US wind power would cause warming that would take roughly a century to offset

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

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

ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

Hydro-Québec will support the clean hydrogen sector in Québec

BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

EIA projects increases in global energy consumption and emissions through 2050

IEA: global map of oil refining and trade to be redrawn over next 5 years

DNV GL: world energy demand will peak in 2035 prompting a reshaping of energy investment due to rapid electrification and inherent efficiency

PNNL study finds 2028 grid resource adequacy likely sufficient for high EV penetration; managed charging strategies can double adequacy

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

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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

Canada Launches Algal Biofuels Project

GlobalData: hydrogen to become game changer as large-scale source of cleaner power

ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

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

BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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

Scenario study suggests increased vehicle electrification in Europe increases demand for gas in power sector; limited ability for power-to-gas

Toshiba to participate in 4-year power-to-gas hydrogen fuel project in Scotland

BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

US renewables’ installed generating capacity beats coal

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