2010, Cost Of and Oil Prices

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

Green Car Congress

AUGUST 31, 2011

World ethanol and biodiesel production, 1975-2010. 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. Source: Worldwatch Institute. Click to enlarge. billion liters abroad, a 300% increase over 2009.

2010

2010 Brazil Global Argentina

MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

Green Car Congress

JULY 17, 2012

Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. in 2010 and 2011, respectively. in 2010 and 2011, respectively. When we control for the energy costs of refining using oil and natural gas prices, the estimated effect is $0.13

Davis

Davis MIT Gasoline 2010

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

Green Car Congress

FEBRUARY 25, 2016

At the core of this forecast is the work we have done on EV battery prices. Lithium-ion battery costs have already dropped by 65% since 2010, reaching $350 per kWh last year. We expect EV battery costs to be well below $120 per kWh by 2030, and to fall further after that as new chemistries come in. Although some 1.3

Cost Of

Cost Of Sale Global Vehicles

Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

Green Car Congress

JANUARY 7, 2015

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.”

Oil

Oil Oil Prices Gas Production

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

Green Car Congress

NOVEMBER 24, 2010

Although co-production plants are much more costly than liquids-only configurations in terms of capital cost, Hari Mantripragadaa1 and Edward Rubin found, because of the high electricity revenues the cost of liquid product is lower than that of the liquids-only case, at market prices of electricity. Click to enlarge.

Coal

Coal Oil Prices CO2 Gas-Electric

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

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable

Renewable Parts Power Powered

ICCT updates US airline fuel efficiency rankings; Alaska stays on top, American on bottom

Green Car Congress

OCTOBER 22, 2015

On average, Alaska has operated the most efficient US domestic flights for five years running since 2010. In 2010, there were 145 seats on an average US domestic flight flown by the mainline carriers. Overall industry fuel efficiency improved by 1.7% from 2013 to 2014. In 2013 this number rose to 149, and reached 150 in 2014.

Alaska

Alaska Fuel 2014 2013

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

Green Car Congress

JANUARY 23, 2012

Net petroleum imports as a share of total US liquid fuels consumed drop from 49% in 2010 to 38% in 2020 and 36% in 2035 in AEO2012. EIA added a premium to the capital cost of CO 2 -intensive technologies to reflect current market behavior regarding possible future policies to mitigate greenhouse gas emissions. Click to enlarge.

Oil

Oil 2005 Production 2010

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge.

Oil

Oil Transportation Cheap Energy

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Green Car Congress

OCTOBER 18, 2010

The study, in press in the Journal of Power Sources , examines the efficiency and costs of current and future EVs, as well as their impact on electricity demand and infrastructure for generation and distribution, and thereby on GHG emissions. Derive GHG emissions and costs of charging of EVs in the 2015 Dutch context and. We therefore.

Plug-in

Plug-in Charging Gasoline-Electric Plug

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

Green Car Congress

NOVEMBER 7, 2010

In the near-term pre-CCS era, with a low cost of carbon, the economical solution for power providers is to vent the CO 2 and pay the fees, passing on the costs to customers. Over time, however, as the CO 2 price increases, it eventually becomes more economical to either retrofit plants to capture and store most of.

Transportation

Transportation Convert Waste CO2

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

MARCH 19, 2012

Summary of battery pack cost projections, 2010-2030. Governments and vehicle manufacturers will need to introduce long-term incentives and price cuts to create a sustainable European market for ultra-low emission vans (ULEV), according to a newly published report by Element Energy, commissioned by the UK Department for Transport.

Emissions

Emissions Manufacturer Market Price

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

FEBRUARY 15, 2012

Environmental costs are often not shown on financial statements because the bearers of such costs can be either particular individuals or society at large, are often both non-monetary and problematic to quantify for comparison with monetary values. Source: KPMG. Source: KPMG. Click to enlarge. billion in 2005.

Climate Change

Climate Change Water Climate Global

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Green Car Congress

FEBRUARY 9, 2010

This immediate problem affecting the 2010 Prius relates to software that manages the regenerative and conventional braking system. Oil price and supply dependencies will continue the search for alternative fuel sources, and battery powered vehicles can have a significant impact on that equation. Earlier post.]

Prius

Prius Toyota PHEV Hybrid

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

Green Car Congress

APRIL 30, 2016

Despite the expected reduction in cost of alternative technologies, the share of new car sales will remain relatively small; the influence of these technologies on overall emissions currently remains marginal. The additional abatement potential of these technologies is approx. 34 Mton CO 2 e (WTW). Roland Berger study.

Emissions

Emissions Transportation Fuel Vehicles

MITEI releases report on Electrification of the Transportation System

Green Car Congress

JANUARY 13, 2011

The MIT Energy Initiative (MITEI) has released a report on the proceedings—and papers that informed those proceedings—of the 8 April 2010 symposium on The Electrification of the Transportation System: Issues and Opportunities. The symposium was sponsored by the MIT Energy Initiative, together with Ormat, Hess, Cummins and Entergy.

Transportation

Transportation MIT Oil Prices Oil

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

Green Car Congress

JULY 12, 2011

The report comes in the context of Victoria’s 5-year Electric Vehicle Trial (EVT), launched in 2010 ( earlier post ). The analysis is based on central forecasts of oil price, electricity. However, as EV and PHEV prices gradually reach. technologies to achieve fuel cost savings, the report found.

PHEV

PHEV Oil Prices Australia Price

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Green Car Congress

NOVEMBER 11, 2010

The costs of these alternative energy technologies are falling rapidly, and they are on the path to becoming cost-competitive within the next five to ten years, if not sooner. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost.

Solar

Solar Boston Consulting Group Power Powered

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

OCTOBER 4, 2011

A key barrier to achieving RFS2 is the high cost of producing biofuels compared to petroleum-based fuels and the large capital investments required to put billions of gallons of production capacity in place. As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies.

Renewable

Renewable Tax Credit Conversion Fuel

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Green Car Congress

AUGUST 15, 2010

Furthermore, they write, if the relative cost of cutting emissions was high in a given sector, then growing emissions alone would not solely justify major focus on cutting in that sector alone. A growing supply of unconventional transportation fuels would tend to moderate oil prices and would drive up emissions on a life cycle basis.

Oil-Sands

Oil-Sands Oil Emissions Coal

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

The report also finds that by 2035 global energy savings could be equivalent to nearly 20% of global demand in 2010. The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows.

Global

Global 2012 Energy Oil

Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

Green Car Congress

DECEMBER 16, 2009

Volatility hurts us too, for as we’ve learned the price of oil can rise sharply in a short period of time. This means our economic stability is at stake because of our reliance on oil. In fact, four of the last five recessions were started by an oil price spike. [

Oil

Oil Transportation Congress Fuel Economy

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

Green Car Congress

JANUARY 18, 2010

The study found that for small and medium passenger vehicles, expected lifetime cost per kilometer for EVs is already lower than that of conventional ICE. The total cost of ownership includes the vehicle price, annual fuel and maintenance costs and insurance. Future costs have been discounted at 7%. Source: AECOM.

Australia

Australia Market Plug-in Plug

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

FEBRUARY 8, 2011

Conventional hybrid electric vehicles (HEVs) have been on sale in the US for more than ten years; new vehicle hybrid sales in 2010 were approximately 2.5%. The performance and cost effectiveness of the early EVs in the market will be a major but unknowable factor in how many EVs are on the road by 2015.

2015

2015 Plug-in Tax Credit Plug

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

Green Car Congress

MAY 25, 2011

Additional process steps needed to cleave the hydrocarbons into jet range could amount to as much as 30-40 percent higher cost of production for renewable jet compared to. renewable diesel. It is critical to the future of aviation that we develop a sustainable supply of aviation biofuels.

Oil

Oil Industrial Industry Renewable

Michigan Energy and Advanced Automotive Research Lined Up for $99.5M in Funding from FY2010 Defense Appropriations Bill

Green Car Congress

SEPTEMBER 21, 2009

The Defense Appropriations Bill for fiscal year 2010, passed earlier this month by the US Senate Appropriations Committee and now under consideration by the full Senate, contains US$14.4 This project seeks to develop technologies necessary to lower the cost of roof top solar electric systems to reach grid parity. Carl Levin, D-Mich.,

Michigan

Michigan Lithium Ion Energy Hybrid

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Green Car Congress

DECEMBER 15, 2009

Costs of light-duty plug-in hybrid electric vehicles (PHEVs) are high—largely due to their lithium-ion batteries—and unlikely to drastically decrease in the near future, according to a new report from the National Research Council (NRC). NRC projections of number of PHEVs in the US light-duty fleet. Click to enlarge.

Plug-in

Plug-in Plug PHEV Hybrid

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

It’ll be mostly driven by the cost of gas. will sell a plug-in Toyota Prius after 2010, taking on the Chevrolet Volt, which goes on sale in November 2010. Pricing isn’t set. Oil vs. electrons. But Ghosn thinks rising oil prices will tilt the economics in favor of electrons.

Nissan

Nissan Japan United States Gasoline-Electric

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

Green Car Congress

JUNE 23, 2011

Per-well oil production at Kern River is low—the average is 8 barrels of oil per well per day—but there are more than 9,000 production wells in operation in the field. Using thermal recovery processes in heavy oil reservoirs depends largely on. DOE fact sheet: US Heavy Oil Resource Potential. Sequera and T.C.

Chevron

Chevron Oil Oil-Sands Production

Hawaii opts for EVs and renewable energy

Revenge of the Electric Car

DECEMBER 3, 2008

Once the capital costs of setting up the facility are recouped, about ten years in this case, all they have are maintenance and operational costs since the energy source is essentially free forever. A second well is drilled close by and the steam is released into ten turbines that generate electricity.

Hawaii

Hawaii Renewable Energy San Francisco

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

FEBRUARY 17, 2010

Other findings from the study include: Ethanol policy can have a substantial impact on corn prices. However, production costs of US corn-ethanol are very high. The gap between the intercept of the ethanol supply curve and the oil price creates large deadweight costs that may overwhelm any external benefits.

Tax

Tax CO2 Renewable Standards

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

The Appraisal 2010 Prius Delivers Record Mileage and Accelerates. Annual use of an EV should be less than the average cost of $8,000 per year for using a gasoline in many countries including the USA. Shai Agassi predicts that Israel will have over 100,000 electric vehicles in use by 2010. 2) Chevy Volt (2) China (2) ECOD3.SA

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

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

MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

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

Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

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

ICCT updates US airline fuel efficiency rankings; Alaska stays on top, American on bottom

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

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

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

MITEI releases report on Electrification of the Transportation System

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

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

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

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

Michigan Energy and Advanced Automotive Research Lined Up for $99.5M in Funding from FY2010 Defense Appropriations Bill

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Nissan’s Big Gamble

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

Hawaii opts for EVs and renewable energy

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Cleantech Blog: Smart Grids and Electric Vehicles

Stay Connected