Economy, Oil Prices, Renewable and Technology

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. With this kind of impending discrepancy between supply and demand, the industry needs to start looking for new sources of oil, and quickly. by Haley Zaremba for Oilprice.com.

Oil Prices

Oil Prices Oil Saudi Arabia Price

EIA projects increases in global energy consumption and emissions through 2050

Green Car Congress

OCTOBER 7, 2021

The US Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.

Global

Global Energy Emissions Asia

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

Green Car Congress

JUNE 7, 2017

The work is reported in a paper in the ACS journal Environmental Science & Technology. They found that moderate, economy-wide GHG fees have little effect on GHG emissions from the LDV sector—but are more effective in the electricity sector. output of mining or importing technologies) to conversion or process technologies (e.g.,

Emissions

Emissions Economy Gasoline-Electric Coal

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Green Car Congress

JANUARY 19, 2011

World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Click to enlarge. Coal will increase by 1.2%

Energy

Energy Economy Global Oil-Sands

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

Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

Green Car Congress

SEPTEMBER 20, 2011

Particularly during the surge of what was called the “knowledge-based economy” from 1991 to 2000, global economic productivity increased without parallel increases in energy use. In addition to technological advances, price developments play a key role in determining overall energy usage, Worldwatch notes.

2010

2010 Global Energy 2008

Cascadia Capital forecasts flurry of MA and commercialization in clean tech in 2011; US Congress to discard Cap and Trade

Green Car Congress

DECEMBER 13, 2010

energy sector will spur a flurry of M&A and investment activity in 2011 as renewable energy. technologies mature. the future of the economy and the environment. renewable energies; however, it will not include economic incentives for achieving a reduction in carbon emissions. extraction.

Congress

Congress 2011 Clean Cleaning

IEA: global map of oil refining and trade to be redrawn over next 5 years

Green Car Congress

OCTOBER 12, 2012

The MTOMR is the last in a series of medium-term forecasts that the IEA devotes to each of the four main primary energy sources: oil, gas, coal and renewable energy. The oil market is at a crossroads. Demand from non-OECD economies is forecast to overtake that in the OECD as early as 2014.

Oil

Oil Oil-Sands Global Oil Prices

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

Transportation

Transportation Fuel Renewable Gasoline-Electric

GE Aviation testing 100% Gevo Alcohol-to-Jet fuel

Green Car Congress

DECEMBER 13, 2017

GE Aviation has begun jet engine combustor component testing with 100% Gevo renewable alcohol-to-jet fuel (ATJ). Gevo and LANL are looking to develop a low-cost, catalytic technology that would be bolted-on to Gevo’s existing isobutanol-to-hydrocarbons process to produce high energy density fuels (HEDFs).

Fuel

Fuel Oil Prices Oil Emissions

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

new appliance standards and CAFE) and changes in the way energy is used in the US economy. quadrillion Btu in 2035, as a result of fuel economy improvements achieved through stock turnover as older, less efficient vehicles are replaced by newer, more fuel-efficient vehicles. Domestic oil production will rise to 7.5

Fuel

Fuel Energy Sale 2013

Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Biofuels and other renewable energy sources start impacting CO 2 trends.

2008

2008 Oil Renewable Emissions

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

Green Car Congress

APRIL 30, 2016

A new study by consultancy Roland Berger defines an integrated roadmap for European road transport decarbonization to 2030 and beyond; the current regulatory framework for vehicle emissions, carbon intensity of fuels and use of renewable fuels covers only up to 2020/2021. The additional abatement potential of these technologies is approx.

Transportation

Transportation Emissions Fuel Vehicles

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. It does not assume any revolutionary or breakthrough technologies. Use of renewable fuels and natural gas for electric power generation rises.

Oil

Oil 2005 Production 2010

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

NOVEMBER 27, 2011

Technically feasible levels of energy efficiency and decarbonized energy supply alone will not be sufficient to reduce greenhouse gas emissions 80% below 1990 levels by 2050, according to a detailed modeling of the California economy performed by a team from Energy and Environmental Economics, the Monterey. Assuming perfect renewable.

Climate

Climate California Fuel Gas-Electric

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

DECEMBER 16, 2013

The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. Some other key findings of the AEO2014 Reference case include: Low natural gas prices boost natural gas-intensive industries. per year, from 21.5

Oil

Oil Light Energy Vehicles

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

MAY 27, 2009

With strong economic growth and continued heavy reliance on fossil fuels expected for most of the non-OECD economies, much of the increase in carbon dioxide emissions is projected to occur among the developing, non-OECD nations. World oil prices have fallen sharply from their July 2008 high mark. in the reference case.

2006

2006 Emissions Energy Oil-Sands

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. by subsidies that amounted to $523 billion in 2011, up almost 30% on 2010 and six times more than subsidies to renewables. Renewables. Energy demand.

Global

Global 2012 Energy Oil

Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

Green Car Congress

DECEMBER 16, 2009

Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Of course, other countries benefit from this fact, with about $900 million flowing out of the US to buy foreign oil every day, and about 40% of that going to OPEC. [

Oil

Oil Transportation Congress Fuel Economy

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

DECEMBER 17, 2010

Our Reference case projection shows the growing importance of natural gas from domestic shale gas resources in meeting US energy demand and lowering natural gas prices. Energy efficiency improvements and the increased use of renewables are other key factors that moderate the projected growth in energy-related greenhouse gas emissions.

Gas

Gas 2011 Price Energy

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. Thus, demand would fall below our model’s estimates.

Oil

Oil Oil-Sands Fuel Economy Transportation

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

Green Car Congress

NOVEMBER 7, 2010

Kreutz presented the paper at the 10 th International Conference on Greenhouse Gas Control Technologies ( GHGT-10 ) earlier this fall in The Netherlands. Over time, however, as the CO 2 price increases, it eventually becomes more economical to either retrofit plants to capture and store most of. their CO 2 (e.g. ~90%)

Transportation

Transportation Convert Waste CO2

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

The lithium-ion battery technology used to run these vehicles is the key determinant of their cost and range on electric power. The steep early drop in cost often experienced with new technologies is not likely. It is possible that breakthroughs in battery technology will greatly lower the cost. Click to enlarge.

Plug-in

Plug-in Plug PHEV Hybrid

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. These materials may replace fabrics, adhesives, reinforcement fibers, polymers, and other, more conventional, materials.

Polymer

Polymer Cars Automobile Standards

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

JUNE 20, 2012

Bartis and RAND colleague Lawrence van Bibbe were the authors of a 2011 RAND report concluding that if the US military increased its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there would be no direct benefit to the nation’s armed forces.

Price

Price Oil-Sands Turkey Fuel

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

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

The report, Plug-In Electric Vehicles: A Practical Plan for Progress , examines public policies toward PEVs, taking into account the promise and limitations of PEVs, recent improvements in battery technology, market dynamics, and the proliferation of policies around the world that promote the use of PEVs. Market Drivers.

Plug-in

Plug-in 2015 Plug Recharge

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

Noting that no single feedstock or technology pathway is likely to provide sustainable. environmental conditions and spur regional economies. SAFN focused on two primary conversion technologies for use with the four feedstocks: Hydroprocessing. Established hydroprocessing technologies to produce aviation fuels from natural oils.

Oil

Oil Industrial Industry Renewable

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

Low-carbon energy sources (renewables and nuclear) meet around 40% of the growth in primary energy demand. Nearly half of the net increase in electricity generation comes from renewables. Contributions to global oil production growth. Technology and oil. China Forecasts India Oil Other Asia' Source: IEA.

Oil

Oil 2013 Energy Emissions

NREL launches new alternative transportation web tools; planning, maps, data

Green Car Congress

NOVEMBER 10, 2012

The AFDC’s new Petroleum Reduction Planning Tool is an interactive Web application that allows fleet managers to evaluate the benefits associated with five alternative fuels—biodiesel, electricity, ethanol, natural gas and propane—along with a variety of efficiency measures, such as idle reduction and fuel economy improvements.

Transportation

Transportation Alternative Fuels Fleet Fuel Economy

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

Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply.

Oil

Oil Transportation Cheap Fleet

Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

APRIL 19, 2009

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Andy Grove on battery power To wean itself from imported oil, the U.S. car industry hinges on cutting-edge battery technology. The answer may lie in Silicon Valley.

2009

2009 Industrial Industry Electric Cars

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

JULY 19, 2012

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. It does not include mandates for any particular fuel or technology and as such does not attempt to pick winners or losers.

Carbon

Carbon Oil-Sands Standards Design

Hawaii opts for EVs and renewable energy

Revenge of the Electric Car

DECEMBER 3, 2008

Oil burning is one of the single biggest sources of pollution coming from the whole state. Richard Dods, a consultant working with the Israeli company that owns the facility, Ormat Technologies , says that in theory, there’s enough geothermal capacity here to power all of Hawaii. Hawaii's 30 MW geothermal power plant.

Hawaii

Hawaii Renewable Energy San Francisco

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climate change and carbon, and the environment. Renewables That Even Coal-Based Utilities Can Love. Ethanol – the Good, the Bad, the Ugly, the Beautif.

Grid

Grid Electric Vehicles Vehicles Oil-Sands

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

JANUARY 4, 2021

It’s fair to presume that many will be less inclined to adapt to new technology during this time, delaying non-essential investments until the situation stabilizes. Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel.

Economy

Economy Electric Vehicles Vehicles Electric

EV Driven

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

EIA projects increases in global energy consumption and emissions through 2050

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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

Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

Cascadia Capital forecasts flurry of MA and commercialization in clean tech in 2011; US Congress to discard Cap and Trade

IEA: global map of oil refining and trade to be redrawn over next 5 years

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

GE Aviation testing 100% Gevo Alcohol-to-Jet 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

Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

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

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

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

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

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

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

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

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

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

NREL launches new alternative transportation web tools; planning, maps, data

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

Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Hawaii opts for EVs and renewable energy

Cleantech Blog: Smart Grids and Electric Vehicles

Can Electric Vehicles Speed Up As The Economy Slows Down?

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