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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. In 2010 China had only about five light-duty vehicles per 100 people, while India had less than two per 100 people; this compares to about 75 vehicles for every 100 people in the United States. Click to enlarge.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

Wind, solar and biofuels are expected to be the fastest-growing energy sources, increasing about 6% a year on average through 2040, when they will be approaching 4% of global energy demand. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. Projected sales of light-duty vehicles by type.

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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Green Car Congress

Light duty vehicle fleet by type and average fuel efficiency. ExxonMobil expects that by 2040, hybrids and other advanced vehicles will account for nearly 50 percent of light duty vehicles on the road, compared to only about 1 percent today. Source: ExxonMobil Outlook. Click to enlarge. L/100 km) by 2040. L/100 km) by 2040.

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National Academies Report Examines Hidden Cost of Energy Production and Use in US; Estimates $120B in 2005

Green Car Congress

Health and other non-climate damages by life-cycle component for different combinations of fuels and light-duty automobiles in 2005 (top) and 2030 (bottom). GHG emissions (grams CO 2 -eq)/VMT by life-cycle component for different combinations of fuels and light-duty automobiles in 2005 (top) and 2030 (bottom). Click to enlarge.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Solar, Wind and Biofuels Grew 53 Percent in 2008 Green Education = Environmental Religion? Individuals and businesses lose months and connect fees when they add solar and other forms of renewable energy to the grid. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Then we are done!

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

There are choices for 110 volt versus 220 volt, slow versus quick charges, and solar options. will become less common over the next 10-years and that a mix of alternative fuel vehicles including electric, biofuel, hydrogen and solar will and is now seeing tremendous market growth. We have oil! Think Bakken and Alberta sands.