Remove Energy Storage Remove Fleet Remove Oil Remove Oil Prices
article thumbnail

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Green Car Congress

The fortunes of alternative energy have historically waxed and waned with the price levels of oil, gas, and other energy sources, rising when prices are high only to fall once they retreat. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost.

Solar 295
article thumbnail

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

While LNG is expected to be an early success, the picture becomes more diversified over time, as more than 20% of shipping could adopt hybrid propulsion solutions featuring batteries or other energy storage technologies, according to the paper. Ship electrification holds significant promise for more efficient use of energy.

article thumbnail

Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

Green Car Congress

Extracting oil by fracking could stabilize the oil price over the next few years. In this context, the lithium-ion energy storage systems used in most of the EVs and PHEVs currently on the market are safety-critical components. This would make the cost disadvantage for alternative drives even worse.

article thumbnail

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

Advance innovative technologies through new R&D investments: Building on Recovery Act investments, the President’s Budget proposes enhanced R&D investments in electric drive, batteries, and energy storage technologies. —One Million Electric Vehicles by 2015. One Million Electric Vehicles by 2015.

2015 210
article thumbnail

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

biofuels; CCS; on-grid energy storage; electric vehicle. The transportation sector bore the highest share of these costs, reflecting the cost of fleet electrification. 55% of end-use energy, essentially switching places with. reduction in fuel costs even with electricity prices doubled. in 2050 ($65 billion or.

Climate 262
article thumbnail

Is Ford First?

Plug In Partners

Ford Chairman and CEO Bill Ford told shareholders at the automaker's annual meeting that the automotive market is shifting rapidly because of higher oil prices and the company is trying to respond. Our fleet is getting smaller and we are working hard on ethanol, biofuels and hybrids," Bill Ford told shareholders.

Ford 100
article thumbnail

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

Green Car Congress

It’s of course way too early to tell what the acceptance is going to be and I think anybody who would try to give you projection in terms of 10 years, x percent of our fleet is going to be electric, I think they’d all be just throwing darts. Environmental Impacts. International Collaboration.

Plug-in 218