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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

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DOE researchers investigate economic and environmental impacts of converting wet waste to renewable diesel

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Heavy-duty diesel vehicles using mixing controlled compression ignition (MCCI), the most common ignition and combustion strategies for heavy-duty diesel engines, contribute significantly to the emissions of GHG, oxides of nitrogen (NO x ), and particular matter (PM) and are subject to stringent emission standards. —Ou et al.

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA forecasts that the European benchmark Brent crude oil price will average less than $80 per barrel in 2024, more than 20% lower than in 2022. per gallon in 2024.

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EIA: fuel economy improvements bring diminishing returns in fuel savings

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Improving fuel economy exhibits diminishing returns in fuel savings, according to a brief analysis by the US Energy Information Administration (EIA). Similarly, the fuel and cost savings of improving fuel economy from 12 mpg to 15 mpg are the same as increasing from 30 mpg to 60 mpg.

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DOE: all-electric vehicles have the lowest estimated average annual fuel cost of all light-duty vehicles

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The annual fuel costs for plug-in hybrid-electric vehicles, which can fuel with gasoline and electricity, are next lowest, and are heavily influenced by the electric range of the vehicle. Annual fuel cost estimates are based on combined city/highway fuel economy, 15,000 annual miles, and the following fuel prices: $2.55

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UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

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TCO for selected gas and diesel vehicles over a 3 year timeframe. Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI).

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New report finds global CO2 vehicle emission reduction measures falter; dropping diesels, increasing SUVs

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Vehicle fuel economy improvements have slowed globally, according to the latest report from the Global Fuel Economy Initiative (GFEI): Fuel Economy In Major Car Markets: Technology And Policy Drivers 2005-2017. Overall, global fuel economy has improved by an average of 1.7% in the past two years. L ge /100 km.

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