Cost Of, Future, Oil Prices and Renewable

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

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5%

Renewable

Renewable Parts Power Powered

IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

Green Car Congress

OCTOBER 2, 2019

The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. This renewed competitiveness could rekindle interest in conventional exploration where larger discoveries are made.

Oil

Oil Gas Oil Prices Water

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

APRIL 14, 2015

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

2020 Energy Transportation Oil Prices

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

OCTOBER 4, 2011

In the absence of major technological innovations or policy changes, the United States is unlikely to meet cellulosic biofuel mandates under the current Renewable Fuel Standard (RFS2) by 2022, according to a new report from the National Research Council.

Renewable

Renewable Tax Credit Conversion Fuel

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

DECEMBER 5, 2012

Renewable fuel use grows at a much faster rate than fossil fuel use. The share of electricity generation from renewables grows to 16% in 2040 from 13% in 2011. Biofuels grow at a slower rate due to lower crude oil prices and. A shift to the use of Brent spot price as the reference oil price.

Fuel

Fuel Energy Sale 2013

Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

Green Car Congress

NOVEMBER 17, 2017

Their results, published recently in two papers—one in ACS Sustainable Chemistry & Engineering and the other in Biotechnology for Biofuels (open access)—point to a promising future for using poplar coppice for biofuel. That’s the problem.

Washington

Washington Cheap Oil Universal

GM and Hawaii Gas Company to Collaborate on Hydrogen Infrastructure Pilot; Different Approach to Provisioning Fueling Stations

Green Car Congress

MAY 11, 2010

TGC produces hydrogen along with synthetic natural gas and delivers it in its utility gas stream, with more than 5% hydrogen content today; it has the capability of producing more H 2 through its renewable biogas initiative. High percentage of renewable energy resources, with accompanying challenges for grid stability. Jeff Kissel.

Hawaii

Hawaii Hydrogen GM Gas

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

JANUARY 29, 2014

DNV GL has released a position paper on the future alternative fuel mix for global shipping. While renewable energy, particularly solar and wind, may have some potential to mitigate carbon emissions, this is not seen as a viable large-scale alternative for commercial shipping. Source: DNV GL. Click to enlarge.

Alternative Fuels

Alternative Fuels Fuel Gas-Electric Mariner

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

EIA added a premium to the capital cost of CO 2 -intensive technologies to reflect current market behavior regarding possible future policies to mitigate greenhouse gas emissions. Use of renewable fuels and natural gas for electric power generation rises.

Oil

Oil 2005 Production 2010

Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

Green Car Congress

MAY 22, 2013

None of the subsidy programs that ended at the end of 2012 were renewed. In terms of the total cost of ownership (TCO), partially or fully electrified powertrains are still at a significant cost disadvantage over the entire lifecycle compared to conventional powertrains. —Roland Berger Partner Thomas Schlick.

South Korea

South Korea Sale France Plug-in

Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

Green Car Congress

FEBRUARY 10, 2009

In conducting its research, Sandia utilized models that examined current and future technologies for development of ethanol. For each new plant constructed, the BDM selected a feedstock/conversion pair resulting in the lowest cost of ethanol. Future enhancements to Sandia’s BDM are planned, contingent on additional partnerships.

GM

GM Production Conversion Oil Prices

CAR releases study on use of bio-based materials in automotive sector; potential for the Great Lakes Region

Green Car Congress

MARCH 30, 2012

The report defines bio-based materials as industrial products made from renewable agricultural and forestry feedstocks, which can include wood, grasses, and crops, as well as wastes and residues. Future work could also include the establishment of an automotive bio-based products network in Great Lakes region.

Polymer

Polymer Cars Automobile Standards

Michigan Energy and Advanced Automotive Research Lined Up for $99.5M in Funding from FY2010 Defense Appropriations Bill

Green Car Congress

SEPTEMBER 21, 2009

A critical component of this program is the development of a comprehensive and integrated strategy for the appropriate use of hydrogen to meet DoD requirements in the future. $3 This project seeks to develop technologies necessary to lower the cost of roof top solar electric systems to reach grid parity.

Michigan

Michigan Lithium Ion Energy Hybrid

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

APRIL 6, 2015

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries. billion.

2014

2014 Renewable 2013 Wind

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Green Car Congress

DECEMBER 15, 2009

Costs of light-duty plug-in hybrid electric vehicles (PHEVs) are high—largely due to their lithium-ion batteries—and unlikely to drastically decrease in the near future, according to a new report from the National Research Council (NRC). NRC projections of number of PHEVs in the US light-duty fleet. Click to enlarge.

Plug-in

Plug-in Plug PHEV Hybrid

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

NOVEMBER 10, 2009

Will be competitive at an oil price of $45 to $90 at their commercial date. If the technology can be brought to scale, then waste feedstock processing could solve two problems at once—a source of low-cost, low-carbon renewable fuel, and a solution to the ever more critical issue to landfill reduction.

Transportation

Transportation Supplies Emissions Fuel

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

Green Car Congress

JANUARY 15, 2014

In their analysis, the authors examined the effect of 5 factors on EDV deployment: crude oil and natural gas prices; a federal CO 2 policy; a federal renewable portfolio standard (RPS); and EDV battery cost. No EDV deployment occurs with high battery costs, low oil prices, and no CO 2 policy.

Emissions

Emissions Oil Prices Vehicles Oil

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

Green Car Congress

MAY 25, 2011

The Pacific Northwest has the diverse feedstocks, fuel-delivery infrastructure and political will needed to create a viable biofuels industry capable of reducing greenhouse gases and meeting the future fuel demands of the aviation industry, according to a newly-released study by Sustainable Aviation Fuels Northwest (SAFN). renewable diesel.

Oil

Oil Industrial Industry Renewable

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Green Car Congress

OCTOBER 18, 2010

The study, in press in the Journal of Power Sources , examines the efficiency and costs of current and future EVs, as well as their impact on electricity demand and infrastructure for generation and distribution, and thereby on GHG emissions. Derive GHG emissions and costs of charging of EVs in the 2015 Dutch context and.

Plug-in

Plug-in Charging PHEV Gasoline-Electric

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., Automakers could ramp up PEV production if consumer demand proves to be larger than expected.

Plug-in

Plug-in 2015 Plug Recharge

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Although the recovery in the world economy since 2009 has been uneven, and future economic prospects remain uncertain, global primary energy demand rebounded by a remarkable 5% in 2010, pushing CO 2 emissions to a new high. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply.

Oil

Oil Transportation Cheap Fleet

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Renewables That Even Coal-Based Utilities Can Love. In the future, utilities will pay you to plug-in your vehicle. Individuals and businesses lose months and connect fees when they add solar and other forms of renewable energy to the grid. Thinking Globally, Acting Locally San Francisco City Carbon Collobarative 18th and 1.

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

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

IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

GM and Hawaii Gas Company to Collaborate on Hydrogen Infrastructure Pilot; Different Approach to Provisioning Fueling Stations

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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

Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

CAR releases study on use of bio-based materials in automotive sector; potential for the Great Lakes Region

Michigan Energy and Advanced Automotive Research Lined Up for $99.5M in Funding from FY2010 Defense Appropriations Bill

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Cleantech Blog: Smart Grids and Electric Vehicles

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