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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

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This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. Gasoline vs. diesel changes are now possible to calculate already for May.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

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The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million barrels of oil demand per day.

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NREL study finds high-pressure hydrogen pipeline system could potentially make hydrogen cost-competitive with gasoline

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A new study by a team at the National Renewable Energy Laboratory (NREL) concludes that a high-pressure, scalable, intra-city hydrogen pipeline system could improve the economics and logistics of hydrogen delivery, making it potentially cost-competitive with gasoline. kg—approximately equivalent to a gasoline cost of $2.7/gal

Hydrogen 298
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Big Oil Betting On Electric Vehicles

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Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

Oil 218
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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Little change in transportation and industry. Consequently, the US economy grew 1.9% in 2022, down from a 5.7%

Emissions 273
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EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

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For the Transportation sector, EIA projects that energy consumption will decline between 2019 and 2037 (in the Reference case) because increases in fuel economy more than offset growth in vehicle miles traveled (VMT). This growth arises from increases in air transportation outpacing increases in aircraft fuel efficiency.

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UK to invest £200M in fleet of zero-emission heavy-duty trucks

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UK Transport Minister Trudy Harrison announced more than £200 million (US$244 million) of government funding will be injected into an extensive zero-emission road freight demonstrator program. —Transport Minister Trudy Harrison.

Emissions 359