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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Report highlights include: Cape Wind’s troubles.

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Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel

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The break-even crude oil price for a delivered biomass cost of $94/metric ton when hydrogen is derived from coal, natural gas or nuclear energy ranges from $103 to $116/bbl for no carbon tax and even lower ($99–$111/bbl) for the carbon tax scenarios. —Singh et al. We’re in the ballpark.

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Lux: Total is leading example of oil supermajor expanding into solar plus storage and distributed generation

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Expanding into an area outside of the oil supermajors’ expertise is risky—batteries are a hard business to win even for industry veterans—but action is key as transportation and the grid increasingly march toward more electrification, Lux suggests.

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KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

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The executives also foresee shale oil and gas having a transformative effect on helping to meet the world’s energy needs, according to the results of the 9 th Annual Energy Survey conducted by the KPMG Global Energy Institute. What is exciting about these findings is that it demonstrates the industry's intent to explore all options.

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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita—within the range of 6 to 19 tonnes per capita emissions of the major industrialized countries. Weak economic conditions, a mild winter, and energy.

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

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In the OPT scenario, estimated well-to-wheels GHG emissions from full-size BEVs with 100-mile range are 62 gCO 2 -e mi –1 in 2050, while those from full-size ICEVs are 121 gCO 2 -e mi –1. In the OPT scenario BEVs gain a LDV market share of about 15%—all from 100-mile range EVs (BEV100) by 2030.

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