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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. We expect EV battery costs to be well below $120 per kWh by 2030, and to fall further after that as new chemistries come in. Although some 1.3

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Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

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Comparison of coal consumption and CO 2 emissions for co-production and separate production of liquids and power. Plant-level CO 2 emissions can be greatly reduced by using the CCS technology, the study found, without much increase in capital cost. The liquids output capacity of CTL plants is 50,000 barrels/day.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. Total environmental cost 2010 vs growth in environmental cost since 2002 vs environmental intensity improvement. Source: KPMG. Click to enlarge. Source: KPMG. Click to enlarge.

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ICCT updates US airline fuel efficiency rankings; Alaska stays on top, American on bottom

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The report, like the prior ICCT studies, uses a frontier model to evaluate and compare fuel efficiency. Key findings of the updated study include: Alaska, Spirit, Frontier, and Southwest Airlines remained the top four most fuel-efficient airlines on US domestic operations in 2014. Hawaiian) represents the average airline in 2014.

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Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

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One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. At present, an electric vehicle costs 30% more than an IC engine-powered vehicle with similar specifications. Government Regulations. Battery Swapping.

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Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

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The RBAEF project, which was launched in 2003, is the most comprehensive study of the performance and cost of mature technologies for producing energy from biomass to date. In addressing these issues, the study has focused on future, mature technologies rather than today’s technology. Lee Lynd.

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NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

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Background colors of the cells represent the crude oil price required for economic feasibility. These synthetic fuels are economically competitive with petro-diesel when the crude oil price (COP) is at or above $86 per barrel (based on a 20% rate of return, in January 2008 dollars, with a carbon price of zero).

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