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Suncor targeting 1M barrels per day by 2020, some 80% from oil sands; new strategic alliance with Total

Green Car Congress

Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Approximately 80% of that production will be from the oil sands. The agreement with Total is an important element of Suncor’s plans to more than double our oil sands production.

Oil-Sands 199
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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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ExxonMobil projects that meeting future energy demand will be supported by more efficient energy-saving practices and technologies; increased use of less-carbon-intensive fuels such as natural gas, nuclear and renewables; as well as the continued development of technology advances to develop new energy sources. —“Outlook for Energy”.

Oil-Sands 309
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MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

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The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. Reduced GHG impact. For CTL, life-cycle GHG emissions would roughly double.

MIT 250
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Smith School lifecycle study highlights importance for algae-derived biodiesel of co-product utilization and optimizing and decarbonizing every step of the supply chain

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Only if all these factors are taken into account is the cost of heat and electricity reduced and GHG emissions fully mitigated, they suggested. They estimated a yield of 851 GJ/ha/year biodiesel and coproducts in the form of oilcake (689 GJ/ha/year) and glycerol (89 GJ/ha/year), based on the assumption of an initial 30% oil content (22.5

Oil-Sands 236
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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

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Across OECD nations, the Outlook assumes the implied cost of policies to reduce greenhouse gas emissions will reach about $80 per tonne in 2040. Renewables in total will account for about 15% of energy demand in 2040. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. —Outlook.

Energy 252
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Coskata Unveils Semi-Commercial Feedstock-Flexible Ethanol Facility; Springboard for Full-Scale Commercial Rollout

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The Coskata process can produce more than 100 gallons of ethanol per ton of dry, ash-free biomass material at a cost competitive with expected gasoline prices—around $1.00 Actual production cost will vary, either below or above $1.00 per gallon, based on the cost of feedstock and the cost of power for the specific plant, he noted.

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

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Source: “Hidden Costs of Energy”. Source: “Hidden Costs of Energy”. The committee also separately derived a range of values for damages from climate change; the wide range of possibilities for these damages made it impossible to develop precise estimates of cost. Damages are expressed in cents per VMT (2007 USD).

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