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Douglas-Westwood: decline in oil prices may impact development of subsea processing

Green Car Congress

In the Douglas-Westwood Monday note , Andy Jenkins from the energy research group’s London office observes that the decline in oil prices may impact deepwater production and in particular a key future enabler: subsea processing (SSP).

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Study finds government and vehicle manufacturers need to introduce long-term incentives and prices cuts to create sustainable market for ultra-low emission vans

Green Car Congress

Using government oil price projections, pure electric vans will still have a 10% cost of ownership premium over diesel in 2030. A 64 kW hydrogen fuel cell (suitable for use in a panel van) decreases in cost from £52,000 (US$82,000) in 2011 to £4,800 (US$7,600) in 2020, a reduction of more than 90%.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Oil prices are going to go up. Hydrogen may have a future, but the view seems to be thatbatteries are what we can do reasonably soon,” Becker said. Automakers must plan for an eventual tightening of globaloil supplies and pressure to cut greenhouse gases, Fukui said. We will have packages that will be verycompetitive at that time.”

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