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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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

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High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010 256
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IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

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High oil prices, persistent differences in gas and electricity prices between regions and rising energy import bills in many countries focus attention on the relationship between energy and the broader economy. However, this does not imply a new era of oil abundance, the report cautions.

Oil 275
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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million units—a 10% drop from 2013; with politics impairing Argentina and Venezuela, and the economic climate weighing down markets like Brazil, Chile and Peru, where it may take a few years for demand to recover to previous highs. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. million units.

2015 150
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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. The largest components of future non-petroleum liquid fuels production are biofuels in Brazil and the United States, at 0.7

2010 317
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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Click to enlarge. mmbpd by 2030 from 1.8

Energy 210
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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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Use of Hydrous Ethanol in Brazil. The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. In 1975, General Ernesto Geisel, then-president of Brazil, ordered the country’s gasoline supply mixed with 10% ethanol. Donovan, CEO Renergie, Inc.