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

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In the OPT scenario, estimated well-to-wheels GHG emissions from full-size BEVs with 100-mile range are 62 gCO 2 -e mi –1 in 2050, while those from full-size ICEVs are 121 gCO 2 -e mi –1. In the OPT scenario BEVs gain a LDV market share of about 15%—all from 100-mile range EVs (BEV100) by 2030.

Emissions 150
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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

2020 150
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MITEI releases report on Electrification of the Transportation System

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The resulting report reflects the major points of discussion, and presents a range of possible next steps for the consideration of policy makers and other interested individuals and entities. Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. The average cost of wind energy ranges from US$0.06/kWh

Renewable 150
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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

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In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil 207
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KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

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The executives also foresee shale oil and gas having a transformative effect on helping to meet the world’s energy needs, according to the results of the 9 th Annual Energy Survey conducted by the KPMG Global Energy Institute.

Oil 225
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EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

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IEO2014 projections of future liquids balances include two broad categories: crude and lease condensate and other liquid fuels. Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain.

Asia 341