Green Car Congress

AUGUST 10, 2022

According to the agency’s August 2022 Short-Term Energy Outlook (STEO), growth in renewable energy will meet most of the increased electricity demand this year. Other key takeaways from the August 2022 STEO forecast include: EIA expects US crude oil production to average 12.7 million barrels per day for the month.

Gas-Electric 273

Gas-Electric United States Solar Gas 273

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APRIL 2, 2017

Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier to predict. As it stands, the forecast models of demand are likely predicting peak demand far later than it will be. by Dwayne Purvis for Oilprice.com.

Oil 250

Oil Saudi Arabia 2007 Supplies 250

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SEPTEMBER 21, 2022

Trafigura deploys infrastructure, logistics and financing to connect global producers and consumers of oil and petroleum products, metals and minerals and power and renewables. Using economic models and energy demand forecasts, the two companies will determine the viability and cost effectiveness of industrial-scale ammonia crackers.

Hydrogen 186

Hydrogen Global Supplies MIT 186

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JUNE 4, 2023

Overall, despite nickel demand growth, which has averaged 7% per annum since 2015, Indonesia is creating a supply glut and losing potential revenue by selling the country’s nickel resources at substantial discounts. The forecast for nickel supply in 2023 is almost unchanged at 3.45 Mt to 3.22 Mt (7% year-on-year growth).

Market 304

Market Indonesia Russia Supplies 304

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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. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

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NOVEMBER 13, 2022

Based on BNEF’s New Energy Outlook, its annual long-term scenario analysis on the future of the energy economy, the report examines how Indonesia’s energy supply may evolve under BNEF’s Economic Transition Scenario (ETS) as well as a Net Zero Scenario (NZS) compliant with the goals of the Paris Agreement.

Indonesia 195

Indonesia Coal Lithium Ion Asia 195

Green Car Congress

MARCH 29, 2013

over the forecast period. Navigant expects conventional ethanol derived from corn starch, coarse grains, and sugarcane to remain the largest segment of biofuels throughout the forecast period. CAGR over the forecast period. Meanwhile, the anticipated rollout of supply targets will exceed actual production that same year.

Global 231

Global 2013 Gasoline Renewable 231

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

Oil 255

Oil Oil-Sands Global Oil Prices 255

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APRIL 7, 2021

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. 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.

2019 186

2019 Fuel Coal 2020 186

Green Car Congress

MARCH 5, 2015

Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. In other words, oil is a volatile market, but prices are in a long term upward trend.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Baua Electric

JANUARY 10, 2024

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. The increases in renewable energy capacity in the US, Europe, and Brazil also hit all-time highs.

Renewable 52

Renewable Solar Financing Installation 52

Green Car Congress

DECEMBER 16, 2013

In developing its projections, the EIA implemented a new approach to forecasting VMT, based on an analysis of VMT by age cohorts and the aging of the driving population over the course of the projection. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8

Oil 290

Oil Light Energy Vehicles 290

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FEBRUARY 5, 2018

However, oil will continue to play a leading role in the world’s energy mix, the report finds. In the forecast, global transportation-related energy demand grows close to 30% from 2016 to 2040. Nuclear and renewable energy sources are likely to account for nearly 40% of the growth in global energy demand to 2040. —T.J.

Light 170

Light Oil Fuel Vehicles 170

Green Car Congress

MAY 8, 2023

Despite oil demand in the transport sector forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement. Conversely, the consumption of oil within aviation will be virtually flat to 2050, with hydrocarbons set to have a 60% share in the sector in the same year.

Transportation 335

Transportation Oil North America Hydrogen 335

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JUNE 2, 2022

The Long-Term Electric Vehicle Outlook outlines two scenarios for the uptake of electric transport to 2050, and examines impacts on demand for batteries, materials, oil, electricity, infrastructure and emissions. million barrels of oil demand per day. —Aleksandra O’Donovan, head of electric vehicles at BloombergNEF.

Transportation 473

Transportation Emissions Fleet Economy 473

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NOVEMBER 15, 2013

The US Environmental Protection Agency (EPA) is proposing a reduction in the cellulosic biofuel and total renewable fuel standards (RFS) for 2014. Specifically, EPA is proposing a total renewable fuel target of 15.21 Total renewable fuels. billion gallons; the final 2013 overall volumes and standards require 16.55 Earlier post.)

2014 255

2014 EPA Renewable Standards 255

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JANUARY 25, 2016

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

2014 150

2014 Carbon Energy Fuel Economy 150

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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. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

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JULY 25, 2013

Renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5% However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. Liquid fuels.

2010 317

2010 Transportation Fuel Energy 317

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AUGUST 31, 2015

BGY in 2018, according to a forecast by Lux Research. Among Lux’s forecasts: Next-generation biodiesel will lead capacity in 2018 for novel fuels making up 56% (2.7 With the ongoing “Food vs. Fuel” debate, the use of vegetable oils has been capped in regions such as the EU. Renewable diesel faces numerous barriers as well.

2018 150

2018 Global Fuel 2014 150

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JANUARY 25, 2017

The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% Oil demand grows at an average rate of 0.7% Oil demand grows at an average rate of 0.7% The global car fleet doubles from 0.9 billion cars in 2015 to 1.8

Global 150

Global Fuel Energy Oil 150

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SEPTEMBER 20, 2011

Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. Click to enlarge.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

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DECEMBER 15, 2013

Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. China will see the largest increase—more than 4 million oil-equivalent barrels per day. Click to enlarge.

Oil-Sands 309

Oil-Sands Energy Hybrid Sale 309

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil 220

Oil Climate Change Oil Prices 2005 220

Green Car Congress

MAY 2, 2011

According to this new forecast, the current steeply rising curve of energy demand in China will begin to moderate between 2030 and 2035 and flatten thereafter. Most of the increase in crude oil demand is driven by a burgeoning transport sector with a growing share of oil demand. billion tonnes in 2027.

China 285

China Energy 2005 Cars 285

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Size of the diameter of the circle represents the size of the project.

Renewable 150

Renewable Parts Power Powered 150

Green Car Congress

OCTOBER 1, 2009

Despite a number of key issues such as land use and competition for feedstocks supplies for traditional food and feed uses, global use of biofuels is excepted to more than double from 2009 to 2015, according to a new global analysis released by Hart Energy Publishing’s Global Biofuels Center (GBC). billion gallons). billion gallons).

2015 186

2015 Global Brazil Malaysia 186

Green Car Congress

AUGUST 10, 2017

Among the elements of the scenario is long-term, double-digit growth for renewable energy—specifically wind and solar power—increasing to 30% of total power supply in 2035, up from 8% today. However, the transport sector’s projected adoption of EVs would seriously disrupt oil demand.

Carbon 150

Carbon Fleet Global Oil 150

Green Car Congress

JANUARY 19, 2011

The forecast’s base case points to primary energy use growing by nearly 40% over the next twenty years, with 93% of the growth coming from non-OECD (Organization of Economic Co-operation and Development) countries. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

APRIL 7, 2010

EIA projects that world oil consumption will grow by 1.5 million bbl/d in 2011, similar to the forecast of last month. This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. per gallon last summer.

2008 186

2008 2010 Emissions Fuel 186

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SEPTEMBER 25, 2019

This long-term trend of Asian energy consumption to support growing economies strongly influences the extraction, refining, and transport of oil, natural gas, and other fuels. —Linda Capuano, EIA Administrator. IEO2019 contains energy consumption projections for 16 regions of the world.

Asia 220

Asia Energy 2018 India 220

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SEPTEMBER 9, 2016

UPM BioVerno is produced from wood-based tall oil. The renewable raw material comes from sustainably managed forests. Crude tall oil is gained as a result of the separation process of fibrous material from wood; it is a residue of pulp manufacturing. Crude tall is a natural extract of wood, mainly from conifers.

Mariner 150

Mariner Fleet Finland Oil 150

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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. —EIA Administrator Adam Sieminski.

2020 150

2020 Energy Transportation Oil Prices 150

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DECEMBER 10, 2014

Without efficiency gains across economies worldwide, energy demand from 2010 to 2040 would be headed toward a 140% increase instead of the 35% forecast in the report. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Renewables in total will account for about 15% of energy demand in 2040.

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

NOVEMBER 21, 2014

The US Environmental Protection Agency (EPA) will not finalize the 2014 applicable percentage standards (the 2014 Renewable Volume Obligations, RVOs) under the Renewable Fuel Standard (RFS) program until sometime next year. The RFS requires a certain percentage of renewable fuels in the US fuel pool. Background. Earlier post.).

2014 225

2014 EPA Standards 2015 225

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FEBRUARY 24, 2016

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas.

Chicago 150

Chicago MIT Tax Carbon 150

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NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. 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. Oil demand reaches 99.7

Global 225

Global 2012 Energy Oil 225