Green Car Congress

JULY 25, 2013

Renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5% 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.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

NOVEMBER 11, 2010

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 Boston Consulting Group (BCG). By 2020, CSP could provide power at $0.10

Solar 295

Solar Boston Consulting Group Power Powered 295

Green Car Congress

JANUARY 11, 2023

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Outside of the power sector, emissions increased slightly. Consequently, the US economy grew 1.9%

Emissions 273

Emissions Oil Prices 2005 Coal 273

Green Car Congress

OCTOBER 7, 2021

Renewables will be the primary source for new electricity generation, but natural gas, coal, and increasingly batteries will be used to help meet load and support grid reliability. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.

Global 259

Global Emissions Energy Asia 259

Green Car Congress

JANUARY 19, 2011

Natural gas is projected to be the fastest growing fossil fuel, and coal and oil are likely to lose market share as all fossil fuels experience lower growth rates. The region’s total demand for oil and other liquids peaked in 2005 and will be back at roughly the level of 1990 by 2030. Coal will increase by 1.2%

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

OCTOBER 12, 2012

The MTOMR is the last in a series of medium-term forecasts that the IEA devotes to each of the four main primary energy sources: oil, gas, coal and renewable energy. But it also highlights elevated supply and demand risks.

Oil 255

Oil Oil-Sands Global Oil Prices 255

Green Car Congress

APRIL 7, 2021

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. MMBtu in 2020 to $3.31/MMBtu

2019 186

2019 Fuel Coal 2020 186

Green Car Congress

JANUARY 15, 2014

No EDV deployment occurs with high battery costs, low oil prices, and no CO 2 policy. higher oil prices, a CO 2 policy, lower battery cost—the median market shares increase. higher oil prices, a CO 2 policy, lower battery cost—the median market shares increase.

Emissions 236

Emissions Oil Prices Vehicles Oil 236

Green Car Congress

JANUARY 13, 2011

Electrification will reduce emissions, with the scale determined by the carbon intensity of the power sector. Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility. of carbon dioxide (CO 2 ) emissions in the US.

Transportation 252

Transportation MIT Oil Prices Oil 252

Green Car Congress

JANUARY 23, 2012

Use of renewable fuels and natural gas for electric power generation rises. The natural gas share of electric power generation increases from 24% in 2010 to 27% in 2035, and the renewables share grows from 10% to 16% over the same period. World oil prices rise in the Reference case, as pressure from growth in global demand continues.

Oil 210

Oil 2005 Production 2010 210

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. Energy demand. — WEO-2012. Renewables. that time.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

DECEMBER 17, 2010

Other key findings of AEO2011 include: Non-hydro renewables and natural gas are the fastest growing fuels used to generate electricity, but coal remains the dominant fuel because of the large amount of existing capacity. In 2035, the average real price of crude oil in the Reference case is $125 per barrel in 2009 dollars.

Gas 199

Gas 2011 Price Energy 199

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. They assumed an oil price of US$80/bbl, close to the short-term. This cost gap.

Plug-in 236

Plug-in Charging Gasoline-Electric Plug 236

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). kWh for fossil-fuel power plants. —Adnan Z. Source: IRENA.

Renewable 150

Renewable Parts Power Powered 150

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. 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.

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

DECEMBER 5, 2012

Sales of battery-powered electric vehicles are 65% lower in the AEO2013 Reference case than the year before, with annual sales in 2035 estimated to be about 119,000. Biofuels grow at a slower rate due to lower crude oil prices and. A shift to the use of Brent spot price as the reference oil price.

Fuel 225

Fuel Energy 2013 Sale 225

Green Car Congress

FEBRUARY 28, 2019

And it has become clear that not only oil and gas giants are being targeted, after one of the world’s largest mining and commodity trading companies, Glencore, decided to put a limit on its thermal coal investment. The latter is partly caused by “global warming constraints” and lower oil prices in general.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

MAY 11, 2010

Hawaii is uniquely positioned and motivated to make hydrogen-powered fuel cell transportation a reality because it depends on imported petroleum for 90 percent of its energy. More importantly, Hawaii is the canary in the coal mine. What’s happening here [in terms of energy prices] is happening elsewhere in the world.

Hawaii 225

Hawaii Hydrogen GM Gas 225

Green Car Congress

MAY 27, 2009

World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006 150

2006 Emissions Energy Oil-Sands 150

Green Car Congress

AUGUST 9, 2016

The US electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected. But the effects are already showing up in the power generation mix.

Gas 150

Gas Price Gas-Electric Oil 150

Green Car Congress

SEPTEMBER 28, 2011

Within the stationary heat and power sector, the DOE-QTR finds that the Department should increase emphasis on efficiency and understanding the grid. Although biofuels have other economic or security advantages, DOE understands that any drop-in liquid fuel will not insulate consumers from the global oil price. fleets).

Transportation 218

Transportation Fuel Economy Light Fuel 218

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 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

AUGUST 28, 2017

When we account for all the supply and demand factors for the sour residual balance, including new conversion projects, capacity creep, scrubber and LNG capacity, as well as quality compliance, our bottom line is that a sizable portion of today’s fuel oil will be pushed into lower-price tiers, notably oil-fired power-generation plants.

Mariner 150

Mariner 2020 Fuel Oil 150

Green Car Congress

JUNE 7, 2017

power plants and refineries) and in turn to the transportation, residential, industrial, and commercial end-use sectors. 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.

Emissions 150

Emissions Economy Gasoline-Electric Coal 150

Green Car Congress

JULY 2, 2013

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand. Historical scenario. (A)

Oil 207

Oil Oil-Sands Fuel Economy Alternative Fuels 207

Green Car Congress

JULY 4, 2009

The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. Volkswagen is partnering with a number of companies, including Sanyo and Toshiba, on batteries, power electronics and electric machines. Does it ever make sense ecologically to operate a car with power from a coal-fired plant?

2013 150

2013 Companies Gas-Electric Recharge 150

Revenge of the Electric Car

DECEMBER 3, 2008

This 30 MW represents around 20% of the island’s demand for power. The rest of Hawaii’s electricity is generated by burning oil. Yes, tankers of dirty, expensive oil are brought in and boatloads of money are shipped back to the oil companies. Hawaii's 30 MW geothermal power plant.

Hawaii 100

Hawaii Renewable Energy San Francisco 100

Green Car Congress

JUNE 13, 2012

Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Brent oil prices were on average 40% higher than 2010 and exceeded $100 a barrel for the first time ever; at $111.26/bbl,

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Cars News

OCTOBER 15, 2009

“Petroleum for transportation has been the single driving force behind OECD oil demand for the past two decades,” said Aaron Brady, IHS CERA Director, Global Oil. After the oil crisis of the early 1980s the non-transportation sector turned to readily available substitutes like coal, gas or nuclear power.

Oil 36

Oil 2005 Alternative Fuels Transportation 36

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

SEPTEMBER 10, 2014

Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). Other liquids refer to natural gas plant liquids (NGPL), biofuels (including biomass-to-liquids [BTL]), gas-to-liquids (GTL), coal-to-liquids (CTL), kerogen (i.e.,

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

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 247

Oil Transportation Cheap Energy 247

Green Car Congress

DECEMBER 16, 2013

Among the more detailed transportation projections in AEO2014 are: LDVs powered by gasoline remain the dominant vehicle type in the AEO2014 Reference case, retaining a 78% share of new LDV sales in 2040, down from their 82% share in 2012. Natural gas overtakes coal as the largest fuel for US electricity generation. Tcf in 2012 to 3.1

Oil 290

Oil Light Energy Vehicles 290

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%). China made the largest contribution to the global increase, with its emissions rising by 720 million tonnes (Mt), or 9.3%, primarily due to higher coal consumption. This represents an increase of 1.0 In 2011, a 6.1%

2011 230

2011 Emissions Global CO2 230

Green Car Congress

JANUARY 25, 2011

If the US military increases its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there will be no direct benefit to the nation’s armed forces, according to a new RAND Corporation study.

Alternative Fuels 244

Alternative Fuels Fuel Energy Coal 244

Green Car Congress

AUGUST 15, 2010

In Alberta, for example, CO 2 emissions from coal-fired electric power exceed emissions from oil sands and the costs of reducing emissions from coal electricity are lower. Yet, coal-fired emissions in Alberta receive relatively little attention from environmental organizations and the public.

Oil-Sands 225

Oil-Sands Oil Emissions Coal 225

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Coal consumption: lower increase due to financial crisis and more renewable electricity.

2008 170

2008 Oil Renewable Emissions 170