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Advanced biofuels, concentrated solar power (CSP), and solar photovoltaic power (PV) will see accelerating adoption and growth and are on track to change the global energy mix far earlier than is often assumed, according to a new report from The BostonConsultingGroup (BCG). Click to enlarge.
Conventional automotive technologies have significant emission-reduction potential, according to a draft of the BostonConsultingGroup’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. A combination of peak oil with incentives or lower battery costs could increase EV penetration by 6%.
By Charles Morris In this day and age, just about everyone who’s paying attention — even stalwarts of the auto and oil industries — acknowledges that vehicle electrification is the future. Originally posted on EVANNEX. But how far in the future are we talking about? Forecasts are all over the map.
According to a recent study by the BostonConsultingGroup, the active materials and purchased parts for a cell can cost $200-$270/kWh and many people believe the entire battery pack systems (cells, packs, electronic controls) are currently selling for $750 to $950/kWh in large applications.
The oil market’s volatility further complicates the situation, making it difficult for store owners to recover costs during low-margin periods, and tightening their already slim profits. million barrels per day of oil usage, equivalent to about 3% of total road fuel demand. Aided by the new U.S.
Oil giant Shell has announced plans to divest 1,000 retail sites over the next two years, and also says it plans to expand its public EV charging business. Is Shell shutting down gas stations in order to replace them with EV charging hubs? Well, that’s what several media reports implied, but that’s not quite what the company said.
Electric car proponents at The California Cars Initiative believe the task force was unduly influenced by “plug-in skeptics” at the BostonConsultingGroup , which is under government contract to provide input on the prospects for G.M. Those cars will reduce oil demand at most by about 1/5th of one percent. and Chrysler.
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