Gas-Electric, Oil and Wind

3 Oil Majors That Bet Big On Renewables

Green Car Congress

AUGUST 31, 2020

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

Oil

Oil Renewable Wind Gas-Electric

EIA expects increased US crude oil production, with continued high petroleum prices in 2022

Green Car Congress

MAY 11, 2022

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8

Oil

Oil Price Production Oil Prices

Technip launches Vertiwind floating wind turbine project

Green Car Congress

JANUARY 30, 2011

Technip, in association with Nénuphar, Converteam and EDF Energies nouvelles recently launched the Vertiwind project to test a pre-industrial prototype of a vertical-axis offshore floating wind turbine. Technip also designed, fabricated and installed Hywind, the first industrial size floating wind turbine, for Statoil in Norway.

Wind

Wind Norway United States Installation

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

Green Car Congress

DECEMBER 22, 2014

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. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.

Oil Prices

Oil Prices Oil Price Carbon

IEA: Petrochemicals set to be the largest driver of world oil demand

Green Car Congress

OCTOBER 5, 2018

Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA. —Dr Fatih Birol, IEA Executive Director.

Oil

Oil Waste Economy Global

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

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. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Mobility and oil. —WEO-2013.

Oil

Oil 2013 Energy Emissions

Carbon emissions from generating electricity for electric vehicles vary greatly across the individual US states

Green Car Congress

MAY 1, 2023

by Michael Sivak, Sivak Applied Research The overall advantage of battery electric over gasoline vehicles, in terms of well-to-wheels emissions of greenhouse gases, has been well documented. However, the emissions of electric vehicles depend greatly on the energy source used to generate the electricity that powers them.

West Virginia

West Virginia Emissions Carbon Vermont

ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Green Car Congress

DECEMBER 11, 2011

While oil will remain the most widely used fuel, overall energy demand will be reshaped by a continued shift toward less-carbon-intensive energy source as well as steep improvements in energy efficiency in areas such as transportation, where the expanded use of advanced and hybrid vehicles will help push average new-car fuel economy to 48 mpg (4.9

Personal

Personal Global Transportation Fuel

Bladon Jets, SR Drives and Jaguar Land Rover Win Funding for Gas Turbine Electric Vehicle Project

Green Car Congress

JANUARY 29, 2010

A consortium led by micro gas turbine company Bladon Jets recently secured investment from the UK Technology Strategy Board to develop an Ultra Lightweight Range Extender (ULRE) for next-generation electric vehicles. Bladon Micro-Jet Engines are 100% axial-flow, gas turbine engines for use in a variety of applications.

Land Rover

Land Rover Gas-Electric Gas Electric Vehicles

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% 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% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%

Coal

Coal Oil Renewable Saudi Arabia

New Road Map to a US Hydrogen Economy

Green Car Congress

MARCH 22, 2020

A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” Analytical support was provided by McKinsey and scientific observations and technical input was provided by the Electric Power Research Institute.

Economy

Economy Hydrogen Chevron Low Cost

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

Green Car Congress

JANUARY 3, 2014

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia

Estonia Oil Cleaner Jordan

As states continue to use less coal for electricity, driving electric vehicles becomes even cleaner

Green Car Congress

NOVEMBER 10, 2021

Battery electric vehicles are only as clean as the energy source used to generate the electricity that powers them. These results indicate that coal and oil are the energy sources leading to most emissions, and that hydro, wind, and nuclear are the energy sources leading to least emissions. Natural gas. Geothermal.

Coal

Coal West Virginia North Dakota Cleaner

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

Green Car Congress

JULY 25, 2013

Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. The Brent crude oil spot price averaged $112 per barrel in 2012, and EIA’s July 2013 Short-Term Energy Outlook projects averages of $105 per barrel in 2013 and $100 per barrel in 2014.

2010

2010 Transportation Fuel Energy

“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

Green Car Congress

JUNE 2, 2013

Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis. Earlier post.).

Volt

Volt Financing Gas Powered

KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

Green Car Congress

MAY 12, 2011

Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel. —John Kunasek.

Oil

Oil Energy 2011 Wind

Stanford team proposes method for electricity production from oil shale with in situ carbon capture to provide transportation energy with reduced CO2 emissions

Green Car Congress

APRIL 20, 2011

Electricity generation in subsurface provides the heat requirement for retorting. However, liquid hydrocarbon (HC) fuels derived from oil shale have ~1.2-1.75 times the GHG emissions of HC fuels produced from conventional oil on a full-fuel-cycle (well-to-wheels) basis. direct thermal or electrical energy. electricity.

Oil

Oil Carbon Emissions CO2

Statoil to build the world’s first floating wind farm: Hywind Scotland

Green Car Congress

JUNE 1, 2017

Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland. The wind farm will power around 20,000 households. Statoil is proud to develop the world’s first floating wind farm. Production start is expected in late 2017.

Wind

Wind Building Norway Water

DOE: US average EV CO2e/year is 4,815 lbs, vs. 11,435 lbs for average gasoline car

Green Car Congress

NOVEMBER 7, 2016

Although all-electric vehicles (EVs) produce zero tailpipe emissions, there are upstream emissions of greenhouse gases from electricity production. Using electricity production data by source and state, the DOE’s Alternative Fuels Data Center has estimated the annual carbon dioxide (CO 2 e)-equivalent emissions of a typical EV.

Gasoline

Gasoline Vermont Alternative Fuels 2015

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

DECEMBER 15, 2013

ExxonMobil projects that meeting future energy demand will be supported by more efficient energy-saving practices and technologies; increased use of less-carbon-intensive fuels such as natural gas, nuclear and renewables; as well as the continued development of technology advances to develop new energy sources. Transportation.

Oil-Sands

Oil-Sands Energy Hybrid Sale

IEA: global carbon dioxide emissions have rebounded strongly

Green Car Congress

MARCH 3, 2021

In Brazil, the rebound of road transport activity after the April low drove a recovery in oil demand, while increases in gas demand in the later months of 2020 pushed emissions above 2019 levels throughout the final quarter. As travel and economic activities pick up around the world, oil consumption and its emissions are rising again.

Emissions

Emissions Global Carbon 2020

BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

JUNE 19, 2019

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Electricity demand is set to increase 62%, resulting in global generating capacity almost tripling between 2018 and 2050.

Wind

Wind Solar Emissions Batteries

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil

Oil Oil-Sands Fuel Economy Transportation

Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

Green Car Congress

OCTOBER 31, 2021

The system uses proprietary technology to autonomously orchestrate the lifting and lowering of the bricks, storing the potential energy in the elevation gain, and generating then discharging electricity as the bricks are lowered. DGF replaces the coal gasification used by others with biomass gasification and natural gas reforming.

Energy Storage

Energy Storage Energy Fuel Louisiana

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Green Car Congress

NOVEMBER 11, 2010

” also sees steady adoption of on-shore wind and electric vehicle technologies, but suggests that off-shore wind and carbon capture and sequestration look likely to fade or decline. For some alternative-energy industries—CCS and off shore wind, for example—real competitiveness is still a distant probability.

Solar

Solar Boston Consulting Group Powered Power

BP selects Tesla batteries for pilot storage project at US wind farm

Green Car Congress

APRIL 11, 2018

BP Wind Energy, through its wholly-owned subsidiary Rolling Thunder I Power Partners LLC, has signed a purchase agreement to install a high-storage battery at its Titan 1 Wind Farm in South Dakota. Situated on 7,500 acres in Hand County, Titan 1 Wind Farm is wholly owned and operated by BP Wind Energy.

Wind

Wind South Dakota Battery Batteries

MAN prefers “power-to-gas” as an alternative to new power lines

Green Car Congress

MARCH 17, 2014

The construction of a new north-south electric power line is being extensively discussed in Germany. MAN SE, one of Europe’s leading manufacturers of commercial vehicles, engines and mechanical engineering equipment, and mostly owned by the Volkswagen Group, prefers “power-to-gas” instead.

Gas

Gas Powered Power Gas-Electric

Ørsted proposes to develop one of the world’s largest renewable hydrogen plants: SeaH2Land

Green Car Congress

APRIL 2, 2021

Ørsted, the world’s leading offshore wind developer, together with the major industrial companies in the North Sea Port cluster, have launched the SeaH2Land vision for a gigawatt scale project to reduce carbon emissions in the Dutch-Flemish industrial cluster with renewable hydrogen.

Hydrogen

Hydrogen Renewable Wind Connect

Pensana plans $125M rare earth separation facility in England

Green Car Congress

MAY 2, 2021

The global rare earth market, driven by demand from industries including electric vehicles and offshore wind, is expected to increase five-fold by 2030 and the NdPr oxide price is forecast to increase at a CAGR of 4.8 - 9.9%, underpinning strong economics for the investment. —Pensana’s Chairman, Paul Atherley.

Angola

Angola Wind China Hydrogen

Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

Green Car Congress

JANUARY 8, 2020

The Rhodium Group, an independent research provider, estimates that, after a sharp uptick in 2018, US greenhouse gas (GHG) emissions fell by 2.1% An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%. Coal-driven decline.

Coal

Coal 2019 2018 Gas-Electric

EIA projects increases in global energy consumption and emissions through 2050

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. EIA projects electricity generation to almost double in developing non-OECD countries by 2050. —Stephen Nalley.

Global

Global Emissions Energy Asia

SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

Green Car Congress

JULY 20, 2020

This expansion of our product offering enables zero-carbon electricity and transportation solutions. Bloom Energy announced in June 2019 that its fuel cells could run on hydrogen to generate zero-carbon electricity. Bloom Energy Servers reversed this process by taking in fuel and air to generate electricity.

Hydrogen

Hydrogen South Korea Market Energy

IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

MAY 31, 2020

Oil accounts for most of this decline as, for the first time, global consumer spending on oil is set to fall below the amount spent on electricity. Global investment in oil and gas is expected to fall by almost one-third in 2020. At the same time, many national oil companies are now desperately short of funding.

Global

Global Energy Coal 2020

JEC updates well-to-wheels study on automotive fuels and powertrains; electro-mobility, natural gas and biofuels

Green Car Congress

MARCH 27, 2014

It adds an assessment of electrically chargeable vehicle configurations, such as plug-in hybrid, range extended, battery and fuel-cell electric vehicles. It also introduces an update of natural gas pathways, taking into account the addition of a European shale gas pathway. Source: EUR 26236 EN - 2014 Click to enlarge.

Gas

Gas Fuel Gas-Electric Gasoline-Electric

Black & Veatch to assess feasibility of world’s largest green hydrogen plant: $5.4B Base One; 600 million kg/pa

Green Car Congress

MARCH 21, 2021

gigawatts of solar and onshore wind. —Gary Martin, a Managing Director with Black & Veatch’s Oil & Gas business. Hydrogen has the potential to reduce and replace reliance on fossil fuels for electricity generation and storage, heating, transport, production of green chemicals and fertilizer. billion investment.

Hydrogen

Hydrogen Green Brazil Renewable

SAF company DG Fuels closes investments with two Japanese companies

Green Car Congress

JULY 29, 2023

These facilities typically use approximately one ton of coal to produce one BBL of hydrocarbons, with a life cycle CO 2 emissions calculation that is slightly worse than equivalent fuels derived from conventional oil refining. DGF replaces the coal gasification used by others with biomass gasification and natural gas reforming.

Companies

Companies Fuel Louisiana Asia

IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

Green Car Congress

MARCH 9, 2022

The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gas prices—which led to more coal being burned despite renewable power generation registering its largest growth to date. CO 2 emissions from natural gas rebounded well above their 2019 levels to 7.5

Emissions

Emissions Global Coal China

H2Carrier receives AiP from DNV for P2XFloater floating hydrogen and ammonia facility

Green Car Congress

AUGUST 31, 2022

The concept is based on proven floating production, storage and off-take technologies combined with an e-control system capable of balancing renewable electricity feedstock through a fully integrated PEM and Haber-Bosch system. The renewable source can be either hydro power, sun or wind- or a combination of these.

Hydrogen

Hydrogen Norway Wind Renewable

Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

Green Car Congress

JANUARY 11, 2014

In a paper in Nature , they suggest that the use of such redox-active organic molecules instead of redox-active metals represents a new and promising direction for realizing massive electrical energy storage at greatly reduced cost. Quinones are abundant in crude oil as well as in green plants.

Low Cost

Low Cost Grid Batteries Battery

CMA CGM partners with Energy Observer on hydrogen-powered shipping

Green Car Congress

FEBRUARY 11, 2020

It aims to experiment, test and develop energy solutions based on hydrogen, solar, tidal and wind power. The green hydrogen used by Energy Observer is made from seawater using on-board renewable sources of electricity (solar, wind and hydropower).

Hydrogen

Hydrogen Energy Powered Power

EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

Green Car Congress

MAY 11, 2020

In 2019, CO 2 emissions from petroleum fuels—nearly half of which are associated with motor gasoline consumption—fell by 0.8%, and CO 2 emissions from the use of natural gas increased by 3.3%. Nearly all of the change in CO 2 emissions in 2019 arose in the electric power sector.

2019

2019 CO2 Energy 2017

Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

Green Car Congress

DECEMBER 5, 2022

Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Due to the abundance of sun and wind in the Iberian Peninsula, the International.

Hydrogen

Hydrogen Renewable Europe Green

California makes first investments in $100M energy research & development program; also biogas and H2

Green Car Congress

DECEMBER 11, 2014

The California Energy Commission approved its first $10 million to fund Electric Program Investment Charge (EPIC) research and development (R&D) projects during its monthly business meeting today. Southern California Edison, and San Diego Gas & Electric Co. Southern California Edison, and San Diego Gas & Electric Co.

California

California San Diego Energy Solar

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel? —Baker Institute report Need Nickel?

China

China Energy Indonesia Power Grid

3 Oil Majors That Bet Big On Renewables

EIA expects increased US crude oil production, with continued high petroleum prices in 2022

Technip launches Vertiwind floating wind turbine project

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

IEA: Petrochemicals set to be the largest driver of world oil demand

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

Carbon emissions from generating electricity for electric vehicles vary greatly across the individual US states

ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Bladon Jets, SR Drives and Jaguar Land Rover Win Funding for Gas Turbine Electric Vehicle Project

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

New Road Map to a US Hydrogen Economy

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

As states continue to use less coal for electricity, driving electric vehicles becomes even cleaner

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

“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

Stanford team proposes method for electricity production from oil shale with in situ carbon capture to provide transportation energy with reduced CO2 emissions

Statoil to build the world’s first floating wind farm: Hywind Scotland

DOE: US average EV CO2e/year is 4,815 lbs, vs. 11,435 lbs for average gasoline car

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

IEA: global carbon dioxide emissions have rebounded strongly

BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

BP selects Tesla batteries for pilot storage project at US wind farm

MAN prefers “power-to-gas” as an alternative to new power lines

Ørsted proposes to develop one of the world’s largest renewable hydrogen plants: SeaH2Land

Pensana plans $125M rare earth separation facility in England

Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

EIA projects increases in global energy consumption and emissions through 2050

SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

JEC updates well-to-wheels study on automotive fuels and powertrains; electro-mobility, natural gas and biofuels

Black & Veatch to assess feasibility of world’s largest green hydrogen plant: $5.4B Base One; 600 million kg/pa

SAF company DG Fuels closes investments with two Japanese companies

IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

H2Carrier receives AiP from DNV for P2XFloater floating hydrogen and ammonia facility

Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

CMA CGM partners with Energy Observer on hydrogen-powered shipping

EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

California makes first investments in $100M energy research & development program; also biogas and H2

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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