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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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The study, published as an open-access paper in Nature , offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both. It’s complex, and it’s not linear. Our model takes that into consideration. —Mohammad Masnadi.

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Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

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Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

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Global Bioenergies reports first production of green isobutene at demo plant

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Global Bioenergies is now entering the final phase of demonstrating its technology for converting renewable carbon into hydrocarbons. The first trials on the demo plant in Leuna were successfully completed, within schedule, in the fall of 2016 and Global Bioenergies announced first production of green isobutene via fermentation.

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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. of all global fuel for road transportation—an increase from 2% in 2009, according to the report. World ethanol and biodiesel production, 1975-2010.

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. This would be equivalent to nearly 8% of global electricity demand in 2015. At the core of this forecast is the work we have done on EV battery prices.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike projects that the Americas will account for 71% of global biofuels production. billion in 2011 to $185.3 billion by 2021. A more robust growth is expected.

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