Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

Oil Prices 268

Oil Prices Oil Price Carbon 268

Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. Of course those costs will vary widely from state to state depending on local electricity and water costs.

Oil Prices 150

Oil Prices Oil Price 2002 150

Green Car Congress

DECEMBER 30, 2015

The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Reports

APRIL 13, 2020

Could the economic downturn triggered by the COVID-19 pandemic affect electric vehicle sales? The research firm Wood Mackenzie last Wednesday already suggested that it will—and that global sales of electric vehicles could drop 43 percent in 2020. The firm’s research ratcheted EV sales expectations way down from 2.2

Oil Prices 167

Oil Prices Sale Oil Market 167

Green Car Congress

JUNE 2, 2022

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. The reason is that, in the United States, oil is used to generate less than 1% of electricity.

Gasoline-Electric 321

Gasoline-Electric Gasoline Cost Of Diesel 321

Green Car Congress

APRIL 8, 2020

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. —Mike Vousden, Automotive Analyst at GlobalData.

CO2 353

CO2 Fleet Emissions Oil Prices 353

Green Car Congress

SEPTEMBER 8, 2022

The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. That price will be the highest inflation-adjusted monthly average price since 2008. —EIA Administrator Joe DeCarolis.

Gas 150

Gas Price Global Gas-Electric 150

Green Car Congress

JANUARY 11, 2023

The year 2022 was marked by the emergence of longer-term economic repercussions of the COVID-19 pandemic and an unexpected war in Eastern Europe that caused turmoil in energy markets. Industrial production was affected by supply chain turmoil and rising oil prices, leading to higher production and shipping costs.

Emissions 273

Emissions Oil Prices 2005 Coal 273

Green Car Congress

JANUARY 23, 2022

EIA forecasts that in 2022 and 2023, crude oil prices will remain high enough to encourage growth in the number of active drilling rigs and continued improvement in drilling efficiency. US coal production increased by an estimated 7% in 2021, driven by increased demand for coal because of rising natural gas prices.

Coal 448

Coal Production Fuel Oil 448

Baua Electric

MARCH 14, 2024

State-owned oil marketing companies will cut the prices of petrol and diesel across the country by Rs 2 from March 15, 6 am, as per social media posts by the Ministry of Petroleum and Natural Gas and Minister Hardeep Singh Puri on X today. New prices would be effective from 15th March 2024, 06:00 AM,” the ministry said on X. “By

Petrol 52

Petrol Diesel Price Oil 52

Green Car Congress

MARCH 14, 2019

In 2019, multiple deployments of long-range battery EVs (BEVs) in crossover classes, as well as Tesla reaching full-scale production on the Model 3 and expanding its vehicle shipments to markets abroad, are setting the stage for continued market growth, Navigant says. Though PEV market growth has been considerable, challenges remain.

Alternative Fuels 207

Alternative Fuels Future Plug-in Fuel 207

Green Car Congress

JULY 8, 2021

US regular gasoline retail prices averaged $2.78 In June, monthly retail gasoline prices averaged $3.06/gal, EIA forecasts regular-grade gasoline prices to average $2.92/gal Electricity. EIA forecasts that US retail sales of electricity will increase by 2.8% EIA then expect inventories to rise by almost 0.5

2019 243

2019 Global Fuel Gasoline-Electric 243

Green Car Congress

SEPTEMBER 13, 2020

The molybdenum market enjoyed three years of growing demand between 2016 and 2018, but macroeconomic concerns and a slower steel market resulted in a 2.3% It is used in steel alloys to increase strength, hardness, electrical conductivity and resistance to corrosion and wear. decline in 2019. bbl in December 2019 to US$18.4/bbl

2020 186

2020 2019 2018 Oil 186

Green Car Congress

MARCH 19, 2012

Governments and vehicle manufacturers will need to introduce long-term incentives and price cuts to create a sustainable European market for ultra-low emission vans (ULEV), according to a newly published report by Element Energy, commissioned by the UK Department for Transport. beyond small-scale trials).

Emissions 231

Emissions Manufacturer Market Price 231

Green Car Congress

AUGUST 9, 2016

The US electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected. Natural gas consumption patterns are much more seasonal than for oil.

Gas 150

Gas Price Gas-Electric Oil 150

Green Car Congress

FEBRUARY 2, 2015

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

Plug-in 150

Plug-in Oil Cheap Plug 150

Green Car Congress

APRIL 22, 2013

Under its most conservative of scenarios, more than 5 million light-duty electric-drive vehicles will be on the road in the US by 2035, according to a new forecast by IEE , an institue of the Edison Foundation. IEE developed three general scenarios for electric transportation: low, medium, and high. Click to enlarge.

Oil Prices 294

Oil Prices Vehicles 2012 Light 294

Green Car Congress

OCTOBER 7, 2021

Renewables will be the primary source for new electricity generation, but natural gas, coal, and increasingly batteries will be used to help meet load and support grid reliability. EIA projects electricity generation to almost double in developing non-OECD countries by 2050.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

MARCH 23, 2017

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. Having a smaller footprint globally would, in turn, mean that OPEC would wield less influence over the price of oil.

Iraq 150

Iraq Saudi Arabia Oil Oil Prices 150

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

Oil 276

Oil Global 2003 2007 276

Green Car Congress

MARCH 27, 2020

The IHS Markit forecast for the US market is reset on a sharp consumer-led recession for 2020, with announced monetary and planned fiscal policy measures probably not enough to save the auto market from a looming demand slump. A faltering global auto market will have a big hit on sales of EVs. million units, down by at least 15.3%

Gasoline 269

Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

DECEMBER 21, 2015

In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., vehicles that use electricity for traction, including hybrids, plug-in hybrids, and battery-electrics) will grow from 2.6 Electric Vehicle Market Forecasts”.

Light 150

Light Sale Global Oil Prices 150

Setec Powerr

FEBRUARY 21, 2023

With soaring oil prices and global policy support, electric vehicles will become increasingly popular. Slowly electric vehicles will become the mainstream of the market. Next, let’s learn about the working principle and charging principle of electric vehicles.

Electric Vehicles 98

Electric Vehicles Charging Lithium Ion Vehicles 98

Green Car Congress

JULY 6, 2018

The two countries, after all, account for a combined 17 percent of global oil consumption and they are the ones that would be the hardest hit if prices rise as a result of OPEC’s actions. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market.

Oil 170

Oil India Oil Prices Japan 170

Green Car Congress

DECEMBER 2, 2014

Yonhap News reported that SK Innovation Company will end the battery-pack joint venture with German partner Continental AG ( earlier post ) due to slow growth in demand for electric cars. We will continue to research and develop batteries for electric vehicles in the future. Earlier post.). billion won (US$13.87

Li-ion 244

Li-ion Lithium Ion Oil Prices 2013 244

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. Tcf in the High Oil and Gas Resource case.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

JULY 6, 2018

The two countries, after all, account for a combined 17 percent of global oil consumption and they are the ones that would be the hardest hit if prices rise as a result of OPEC’s actions. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market.

Oil 150

Oil India Oil Prices Japan 150

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

Green Car Congress

JANUARY 6, 2014

The Sandia researchers showed that the key to meeting the RFS2 targets is the fuel price differential between E85 fuel and conventional gasoline (low ethanol blends), so that E85 owners refuel with E85 whenever possible. The model has four sub-components: vehicle, fuel production, electricity grid; and energy supply.

Oil Prices 246

Oil Prices Gasoline-Electric Gasoline Oil 246

Green Car Congress

MAY 26, 2009

The brief concentrates on six topics: climate change policy, carbon capture and storage policy, oil security policy, energy-technology innovation policy, electricity market structure, and infrastructure policy. Oil security policy. If the price later rose above $90, the tax would disappear.

Energy 150

Energy Price Oil Prices Climate Change 150

Electric Auto Association

JULY 7, 2022

July 4th thoughts on EVs BY Robert FernatT, Member of West Virginia Electric Auto Association. This article was first posted on the West Virginia Electric Auto Association (WVEAA) site. As we approach this Independence Day, I want to call attention to two things from an electric vehicle (EV) perspective.

West Virginia 52

West Virginia Virginia Energy Oil Prices 52

Green Car Congress

APRIL 7, 2021

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. gal last summer.

2019 186

2019 Fuel Coal 2020 186

Green Car Congress

JANUARY 18, 2010

The total cost of ownership includes the vehicle price, annual fuel and maintenance costs and insurance. An AECOM-led study of plug-in electric vehicle economics for the New South Wales, Australia government concluded that electric vehicles are economically and financially viable in the NSW market today. Source: AECOM.

Australia 199

Australia Market Plug-in Plug 199

Green Car Congress

NOVEMBER 11, 2010

” also sees steady adoption of on-shore wind and electric vehicle technologies, but suggests that off-shore wind and carbon capture and sequestration look likely to fade or decline. If these barriers can be overcome, advanced biofuels could significantly disrupt the status quo in fuel markets. Click to enlarge.

Solar 295

Solar Boston Consulting Group Power Powered 295

Green Car Congress

NOVEMBER 16, 2010

According to a new report from Pike Research, the various national-level initiatives and programs to promote the awareness of electric vehicles (EVs) in the Asia-Pacific region will help make the region the largest market worldwide for electrified vehicles, led by strong demand in China, Japan, and Korea. Click to enlarge.

Asia 236

Asia 2015 China Sale 236

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% The “Arab Spring” affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

JULY 6, 2017

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.

PHEV 170

PHEV Sale Lithium Ion Cars 170