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

Green Car Congress

By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. In 2010 China had only about five light-duty vehicles per 100 people, while India had less than two per 100 people; this compares to about 75 vehicles for every 100 people in the United States. Click to enlarge.

Oil-Sands 309
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

Wind, solar and biofuels are expected to be the fastest-growing energy sources, increasing about 6% a year on average through 2040, when they will be approaching 4% of global energy demand. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. billion in 2040. In 2010 it was only 60 million.

Energy 252
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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

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

Green Car Congress

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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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

Light duty vehicle fleet by type and average fuel efficiency. ExxonMobil expects that by 2040, hybrids and other advanced vehicles will account for nearly 50 percent of light duty vehicles on the road, compared to only about 1 percent today. Source: ExxonMobil Outlook. Click to enlarge. L/100 km) by 2040. L/100 km) by 2040.

Personal 408
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National Academies Report Examines Hidden Cost of Energy Production and Use in US; Estimates $120B in 2005

Green Car Congress

Health and other non-climate damages by life-cycle component for different combinations of fuels and light-duty automobiles in 2005 (top) and 2030 (bottom). GHG emissions (grams CO 2 -eq)/VMT by life-cycle component for different combinations of fuels and light-duty automobiles in 2005 (top) and 2030 (bottom). Click to enlarge.

2005 246
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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Solar, Wind and Biofuels Grew 53 Percent in 2008 Green Education = Environmental Religion? Renewables That Even Coal-Based Utilities Can Love. Smart Grid City will easily support up to 1,000 easily dispatched distributed generation technologies including PHEVs, distributed batteries, solar and wind. Then we are done! Email Neal.

Grid 28