2017, Coal and Oil Prices

IEA: global energy efficiency progress drops to slowest rate since start of decade

Green Car Congress

NOVEMBER 4, 2019

improvement in 2017 and marked the third year in a row the rate has declined. In China and India, primary intensity improved by almost 3%, a slight drop on 2017 levels. In China and India, primary intensity improved by almost 3%, a slight drop on 2017 levels. This was slower than the 1.7%

Global

Global Energy 2018 Coal

EIA STEO projects higher US crude production, increases in travel and gasoline demand

Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 million b/d in 2017 and 9.9 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 million barrels per day (b/d) in 2016, will average 9.2

Gasoline

Gasoline Gasoline-Electric Production Oil

IEA: Global CO2 emissions up by 1.0 Gt (3.2%) in 2011 to record high

Green Car Congress

MAY 24, 2012

Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). Gt no later than 2017, i.e. just 1.0 Gt no later than 2017, i.e. just 1.0 Global CO 2 emissions from fossil-fuel combustion reached a record high of 31.6 This represents an increase of 1.0 In 2011, a 6.1%

2011

2011 Emissions Global CO2

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Green Car Congress

FEBRUARY 23, 2017

Source: EIA and Argus Media group, China Methanol to Energy Study , January 2017. About two-thirds of China’s methanol feedstock is produced from coal and the remainder from coking gas (a by-product of steel production) and natural gas. MTG units involve high capital costs and are only cost-competitive when oil prices are high.

2000

2000 2016 Fuel China

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

APRIL 14, 2015

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

2020

2020 Energy Transportation Oil Prices

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

OCTOBER 25, 2009

The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. Weiss, Ian A.

MIT

MIT Oil-Sands Commercial Available

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

DECEMBER 16, 2013

Natural gas overtakes coal as the largest fuel for US electricity generation. Projected low prices for natural gas make it a very attractive fuel for new generating capacity. In some areas, natural gas-fired generation replaces power formerly supplied by coal and nuclear plants. Tcf in 2012 to 2.1

Oil

Oil Light Energy Vehicles

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

barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. In the New Policies Scenario, global coal demand increases by 21% and is heavily focused in China and India. emissions is not taken before 2017, all the allowable CO 2.

Global

Global 2012 Energy Oil

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

Green Car Congress

JUNE 7, 2017

The team explored other scenarios including different levels of CO 2 and CH 4 fees applied to the BAU and OPT scenarios; different levels of LDV demand; and different oil prices. Electricity generation from natural gas increases over time in both scenarios, whereas generation from existing coal plants declines. 6b04801.

Emissions

Emissions Economy Gasoline-Electric Coal

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

In recent years, the US electric power sector’s historical reliance on coal-fired power plants has begun to decline. Proposed fuel economy standards covering model years 2017 through 2025 that are not included in the Reference case would further reduce projected energy use and emissions. World liquids consumption grows from 87.1

Oil

Oil 2005 Production 2010

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Green Car Congress

FEBRUARY 7, 2009

Background colors of the cells represent the crude oil price required for economic feasibility. These synthetic fuels are economically competitive with petro-diesel when the crude oil price (COP) is at or above $86 per barrel (based on a 20% rate of return, in January 2008 dollars, with a carbon price of zero).

Carbon

Carbon Diesel Fuel Coal

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

DECEMBER 5, 2012

quadrillion Btu in 2025, due to incorporation of the model year 2017 to 2025 GHG and CAFE standards for LDVs. Biofuels grow at a slower rate due to lower crude oil prices and. After 2015, the Brent price increases, reaching $163 per barrel in 2040, as growing demand leads to the development of more costly resources.

Fuel

Fuel Energy Sale 2013

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

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Click to enlarge. Electric vehicles.

Oil

Oil Transportation Cheap Energy

EV Driven

IEA: global energy efficiency progress drops to slowest rate since start of decade

EIA STEO projects higher US crude production, increases in travel and gasoline demand

IEA: Global CO2 emissions up by 1.0 Gt (3.2%) in 2011 to record high

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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

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

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

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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

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