Remove Gas-Electric Remove Industry Remove Oil Prices Remove PHEV
article thumbnail

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

According to a recently published report commissioned by the Victoria (Australia) Department of Transport from AECOM, electric vehicle (EV) technology offers the state of Victoria potentially significant economic benefits by the late 2020s. electricity supply to provide the necessary protections from higher voltages. Source: AECOM.

PHEV 210
article thumbnail

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

Increased sales for hybrids and PHEVs. Sales of battery-powered electric vehicles are 65% lower in the AEO2013 Reference case than the year before, with annual sales in 2035 estimated to be about 119,000. Reductions in battery electric vehicles are offset by increased sales of hybrid and plug-in hybrid vehicles, which grow to about 1.3

Fuel 225
article thumbnail

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

Green Car Congress

A new study by researchers at the University of Colorado at Boulder projects the emission impacts of the widespread introduction of inexpensive and efficient electric vehicles into the US light duty vehicle (LDV) sector. power plants and refineries) and in turn to the transportation, residential, industrial, and commercial end-use sectors.

Emissions 150
article thumbnail

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

Accenture defined disruptive fuel technologies as those that: Reduce hydrocarbon fuel demand by more than 20% by 2030; Save greenhouse gas emissions (GHG) by more than 30% relative to the hydrocarbons they replace; Will be commercial in less than five years; and. Will be competitive at an oil price of $45 to $90 at their commercial date.

article thumbnail

MITEI releases report on Electrification of the Transportation System

Green Car Congress

The transportation sector thus represents a significant fraction of total greenhouse gas (GHG) emissions both globally and in the US—light-duty vehicles (LDVs) are responsible for 17.5% Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility.

article thumbnail

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

Green Car Congress

As one example of factors contributing to that decision, a survey of projected oil prices returned values between $30 and $250 a barrel, he said.). Dividing that forecast in to application segments—micro-, mild-, full-, and plug-in hybrids; mini-electric (e.g., PHEVs and EREVs require $7/gallon. Data: Tom Cackette, ARB.

Li-ion 150
article thumbnail

Study Finds EVs Economically and Financially Viable in New South Wales, Australia Market Today

Green Car Congress

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. The move towards a plug-in electric vehicle market also generates large savings in greenhouse gas and air pollution emissions.

Australia 199