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Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.
Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94
A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.
Well-to-Propeller GHG emissions results for marine alternativefuels. DNV GL has released a position paper on the future alternativefuel mix for global shipping. The global merchant fleet currently consumes around 330 million tonnes of fuel annually, 80-85 per cent of which is residual fuel with high sulfur content.
The enhanced LNG fueling infrastructure will support the operation of approximately 1,000 UPS LNG tractors that will displace more than 24 million gallons of diesel fuel annually. UPS has used LNG vehicles for more than a decade and has benefited from lower fuelprices compared to imported petroleum.
Error bands indicate technology uncertainties (red solid lines) and fuelprice uncertainties (green dashed lines).Click Fuel cell hybrid electric vehicles. Alternativefuels from biomass. The cost of a vehicle includes only factory production costs, not distribution and retail markups (i.e.,
Diversifying the types of vehicles and fuels available to our drivers offers our city protection from often-volatile oil prices and better prepares us for the future. Indianapolis Mayor Greg Ballard.
Some utilities and contractors are incentivized to deploy electric equipment and vehicles in their fleets, providing even greater financial benefit and further lowering the total cost of ownership. The 580 EV is the first formal entry into the electric equipment market for CASE.
Given the nature of wet waste resources that requires dedicated waste management practices to collect, store, treat, and dispose of the waste, shifting the waste resources from going through conventional waste management practices to utilization as feedstocks for energy production may represent an avoided cost of waste management and disposal.
Both options will be associated with high LCFS credit prices. Because firms are able to bank credits over time, anticipated high costs in the future may lead to higher costs in the present before any constraints bind on the industry.
The price disparity between crude oil and other resources, coupled with the emergence of cheap and abundant shale gas, especially in the United States, is opening up opportunities to produce cheaper gasoline, according to a new report from Lux Research. bbl to the fuelprice—but that’s often more than offset by feedstock cost savings.
Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a new study by UPS and GreenBiz. A lower total cost of ownership—factoring in both direct and indirect costs and savings over the life of the vehicle—is the second biggest driver, cited by 64% of respondents.
The California Energy Commission unanimously adopted the 2013-2014 Investment Plan Update to support the development and use of green vehicles and alternativefuels. These incentives help to pay the difference between the cost of alternative-fuel vehicles and conventional vehicles.
Navigant forecasts that annual fuel consumption in the non-tactical fleet will decrease by a 2.5% compound annual growth rate (CAGR) almost from more than 81 million gasoline gallon equivalents (GGEs) in 2013 to just fewer than 70 million GGEs in 2020 due in part to increased use of alternativefuel vehicles.
The European Commission announced a package of measures to ensure the build-up of alternativefuel stations across Europe with common standards for their design and use. Policy initiatives so far have mostly addressed the actual fuels and vehicles, without considering fuels distribution. Source: EC. Click to enlarge.
CODA Automotive will offer two mileage range and price options in 2012 for the CODA sedan. After federal tax savings, the base price will be $29,750, and will qualify for additional state tax credits, including a maximum of $2,500 in California and up to $7,500 in 12 other states.
Its efforts to incorporate alternativefuel vehicles (AFVs) into its fleet began in 2002 with an initial purchase of hybrid electric vehicles (HEVs), mainly the Toyota Prius and Ford Escape hybrid. Each of these vehicles are estimated to save the city $7,000 in fuel and maintenance over a three-year period.
The US Energy Information Administration’s (EIA) Annual Energy Outlook 2012 (AEO2012) includes a High Technology Battery case that examines the potential impacts of significant breakthroughs in battery electric vehicle technology on the cost and price of all types of battery powered electric vehicles. Source: EIA. Click to enlarge.
Toyota currently has more than 40% share of the total alternativefuel vehicle market, which includes a 75% share of the fuel cell market and a 64% share of hybrids and plug-ins. Toyota shared highlights of new internal research evaluating the environmental impact and cost of ownership between a PHEV and a BEV.
areas of inquiry: The potential impact of climate change policies on global fleet composition, fuel consumption, fuelprices, and economic output. Characteristics of alternative vehicle powertrains and fuels that could affect their future market share. From Insights into Future Mobility.
quadrillion Btu in 2035, as a result of fuel economy improvements achieved through stock turnover as older, less efficient vehicles are replaced by newer, more fuel-efficient vehicles. Beyond 2035, LDV energy demand begins to level off as increases in travel demand begin to exceed fuel economy improvements in the vehicle stock.
an alternativefuel if the cost exceeds the cost of traditional fossil fuels used for the same purpose, except for continued testing. If you look at the support for energy programs in the farm bill, we know the Senate understands the huge impact renewable fuels are having.
Micro-hybrids and, to a lesser extent, mild hybrids, provide a cost-effective solution to fuel savings to bridge the gap to more disruptive technologies like alternativefuels, plug-in vehicles, and fuel cell vehicles. —Kevin See, Lux Research Analyst and lead author of the report.
Several factors are slowing the development of the market, especially of the more radical alternatives such as battery electric vehicles (BEVs). Green cars” can be defined as vehicles that use alternativefuels (other than petrol or diesel) and/or alternative types of propulsion (other than the conventional ICE).
Renewable hydrogen is an energy carrier produced from renewable sources such as wind and solar and can be used to replace fossil-based hydrogen for industrial processes or as alternativefuel in the transport sector, especially in heavy-duty and long-distance trucks, buses, ships and planes.
The study evaluated costs and benefits from a life cycle perspective in order to compare various raw materials for producing methanol and in order to reflect the potential benefits of methanol obtained from CO 2. The need for bringing down the costs of captured CO 2 and stimulating its potential uses, among them methanol production.
By contrast, subsidies for fossil fuels amounted to $409 billion in 2010. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Where the alternativefuel cannot be used directly in existing oil distribution networks and applications, it requires the build-up of a dedicated infrastructure.
It starts with consumers’ purchase considerations—such as purchase price—and compares the monetary and environmental benefits of various passenger electric-drive vehicles and equivalent conventionally fueled models. There is an electric-drive powertrain to fit anyone’s driving needs.
BCG comparison of the CO 2 reduction potential and cost of different technologies. In addition, the cost to the consumer would be about $50 to $60 per percent CO 2 reduction—roughly half the cost of what was expected three years ago. BCG expects pack costs for OEMs will fall to ~$360-440 per kWh by 2020.
The pact seeks to enhance cooperation through a range of activities, including: Accounting for the costs of greenhouse gas emissions in each jurisdiction. Oregon will build on existing programs to set a price on carbon emissions. British Columbia and California will maintain their existing carbon-pricing programs.
In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternativefuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030.
Achieving those goals will will be difficult—but not impossible to meet—and will necessitate a combination of more efficient vehicles; the use of alternativefuels such as biofuels, electricity, and hydrogen; and strong government policies to overcome high costs and influence consumer choices. —Douglas M.
Among their findings: A note on fuelpricing and cost per mile. In their report, Schoettle and Sivak used a national average fuelprice for electricity of $0.12/kWh as the average price), resulting in an average effective cost per mile for BEVs of $0.04. mp and a fuelprice of $2.35
International agreements on the need to combat climate change, the fluctuating but generally rising costs of marine fuels which account for a large proportion of the running costs of a ship, and developments on a number of other fronts have led many in the industry to question whether the present methods of ship propulsion are sustainable.
Our take, after seeing it up close and getting some time behind the wheel: The price, size, driving range, charging speed, performance and Cadillac look, touch and feel will be very appealing to first-time premium small SUV buyers or those looking to move up a class. Photos by John Faulkner and Cadillac. [
A preliminary analysis estimates the cost of implementing the 2017 CAAP at $7 billion to $14 billion. Develop infrastructure plans to support terminal equipment electrification, alternativefuels and other energy resource goals. Energy Resource Planning.
Sales would increase because with increased fuel economy the overall cost of operating a car will go down and, consequently, consumers will have more spending power to buy more vehicles or more expensive vehicles, the report suggests. Role of alternativefuel vehicles. Differences in emissions standards between the U.S.
billion worldwide—by 2050, this may not be achievable through improvements to the traditional internal combustion engine or alternativefuels: the traditional combustion engine is expected to improve by 30%, so achieving full decarbonisation is not possible through efficiency alone.
Particulate matter reductions will be met by engine modifications during the normal course of engine development, they concluded, and so there is no incremental increase in vehicle price in that area. Clean Fuels Outlet (CFO) Regulation. Greenhouse gas emission standards.
Taken together, these two actions would reduce greenhouse gas emissions by half and result in model year 2025 light-duty vehicles with nearly double the fuel economy of model year 2010 vehicles. downsize), and the agencies say they have included costs of preserving performance, utility and safety. features in developing the standards.
The DOE-QTR defines six key strategies: increase vehicle efficiency; electrification of the light duty fleet; deploy alternativefuels; increase building and industrial efficiency; modernize the electrical grid; and deploy clean electricity. Impartial DOE research can help inform these standards. —QTR.
For the study, the researchers used a proprietary spatial modeling program to investigate the possible advantages and disadvantages of natural gas as a transportation fuel and its potential role in enabling other alternativefuels. Improve energy security and weather-event resiliency by diversifying the geographic fuel supply.
Less likely to be concerned by the cost of battery replacement. Another AA Populus poll with 28,265 respondents taken in May 2015 points to a readiness to move away from traditional fuels. As the second car tends to be smaller, the cost of the switch becomes more affordable. Slightly lower expectations of reliability and safety.
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