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

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Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. of all global fuel for road transportation—an increase from 2% in 2009, according to the report. World ethanol and biodiesel production, 1975-2010.

2010 256
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. ” The team suggests that this may be the last extension for the credit.

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

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The Obama Administration is proposing a three-part strategy that supports electric vehicle manufacturing and adoption through improvements to tax credits in current law, investments in research and development (R&D), and a new competitive program to encourage communities to invest in electric vehicle infrastructure. Earlier post.).

2015 210
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Additional highlights of the 9 th annual Global Trends in Renewable Energy Investment 2015 report include: China saw by far the biggest renewable energy investments in 2014—a record $83.3 billion, up 39% from 2013.

2014 150
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National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

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As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies. Moreover, nutritional and other income assistance programs are often adjusted for changes in the general price level.

Renewable 252
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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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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
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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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The generation share from renewable resources increases from 11% in 2009 to 14% in 2035 in response to Federal tax credits in the near term and State requirements in the long term. Natural gas also plays a growing role due to lower natural gas prices and relatively low capital construction costs that make it more attractive than coal.

Gas 199