This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The collapse in world oilprices 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
A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. gasoline demand would have put upward pressure on world oilprices. Greene et al. has almost doubled.
The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.
Brazil’s fuels regulator, ANP, has cleared the way for the commercialization in Brazil of Amyris renewable jet fuel in blends of up to 10%. Building on the revised ASTM International standard for aviation turbine fuel approved in June, Brazil’s ANP last week removed the last regulatory hurdle for the use of our renewable jet fuel in Brazil.
The Sandia researchers showed that the key to meeting the RFS2 targets is the fuel price differential between E85 fuel and conventional gasoline (low ethanol blends), so that E85 owners refuel with E85 whenever possible. Among their findings were: RFS2 is satisfied at extreme oilprices (at least $215/barrel). Barter, Dawn K.
The National Low Carbon Fuel Standard (LCFS) Project has released two major reports that synthesize its findings from the past several years of work: a Technical Analysis Report (TAR) and Policy Design Recommendations. Many options exist for meeting the standard.
In their analysis, the authors examined the effect of 5 factors on EDV deployment: crude oil and natural gas prices; a federal CO 2 policy; a federal renewable portfolio standard (RPS); and EDV battery cost. No EDV deployment occurs with high battery costs, low oilprices, and no CO 2 policy.
In the absence of major technological innovations or policy changes, the United States is unlikely to meet cellulosic biofuel mandates under the current Renewable Fuel Standard (RFS2) by 2022, according to a new report from the National Research Council. Economic effects.
new appliance standards and CAFE) and changes in the way energy is used in the US economy. Further, the fossil fuel share of primary energy consumption falls from 82% in 2011 to 78% in 2040 as consumption of petroleum-based liquid fuels falls, largely because of the incorporation of new fuel efficiency standards for light-duty vehicles.
The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewableoils; and alcohols. Adverse effects of ULS jet fuel would include higher fuel prices (by about $0.05 million bpd.
Two professors from MIT and UC Davis have released a paper challenging the recent claims by the Renewable Fuel Association (RFA) and US Secretary of Agriculture Vilsack that ethanol production decreased gasoline prices by $0.89 Results from Du/Hayes are indicated by the large square. Source: Knittel and Smith (2012). Click to enlarge.
” 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 oilprices in the $90/bbl region. There is pressure to make European standards even more aggressive.
AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High OilPrice, and High Oil and Gas Resource) that reflect updated scenarios for future crude oilprices. trillion cubic feet (Tcf) in the Low OilPrice case to 13.1
The Renewable Fuel Standard (RFS2) in the U.S. In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oilprices. The authors used Amyris, Gevo, Green Plains Renewable Energy, KiOR, Lignol Energy Corp., —Miller et al.
meets the key international standards for alternative aviation fuels, according to the company. Under the agreement, biojet produced from Evogene castor oil through UOP’s Green Jet technology, is expected to undergo additional advanced testing by NASA and AFRL. The analysis was conducted by Evogene, Inc., Earlier post.).
The outlook reflects increased use of LNG in markets outside of North America, strong domestic natural gas production, reduced pipeline imports and increased pipeline exports, and relatively low natural gas prices in the United States compared to other global markets. Use of renewable fuels and natural gas for electric power generation rises.
Hydroprocessing produces renewable diesel, and can produce 50-70% jet fuel with an additional cracking step. The remaining product would be mostly renewable diesel, with. The example used is Honeywell/UOP’s Renewable Jet Process. renewable diesel. Standard 2 (RFS2) Program. fractions as propane and naphtha.
The National Petrochemical & Refiners Association (NPRA) filed a legal challenge to California’s Low Carbon Fuel Standard (LCFS) with the US District Court, Eastern District of California, Fresno Division. 1492, and the federal Renewable Fuels Standard. Earlier post.). 109-58, 119 Stat. 110-140, 121 Stat.
The Obama Administration’s recent extension of the offshore oil-drilling moratorium through 2011 has also renewed investor interest in on-shore oil reserves. More than 25 companies are involved in oil shale development. Market Risks : The economic competitiveness of oil shale and CTL is contingent on high oilprices.
Volatility hurts us too, for as we’ve learned the price of oil can rise sharply in a short period of time. This means our economic stability is at stake because of our reliance on oil. In fact, four of the last five recessions were started by an oilprice spike. [ In short, we need mobility choice.
Our Reference case projection shows the growing importance of natural gas from domestic shale gas resources in meeting US energy demand and lowering natural gas prices. Energy efficiency improvements and the increased use of renewables are other key factors that moderate the projected growth in energy-related greenhouse gas emissions.
Greenhouse gas (GHG) emission standards and CAFE standards increase new LDV fuel economy through model year 2025 and beyond, with more fuel-efficient new vehicles gradually replacing older vehicles on the road and raising the fuel efficiency of the LDV stock by an average of 2.0% per year, from 21.5 l/100 km) in 2012 to 37.2
The report defines bio-based materials as industrial products made from renewable agricultural and forestry feedstocks, which can include wood, grasses, and crops, as well as wastes and residues. These materials may replace fabrics, adhesives, reinforcement fibers, polymers, and other, more conventional, materials.
jurisdiction over electricity supply, transportation planning, building standards, and other key components of an energy. Assuming perfect renewable. of vehicles, renewable energy could contribute a maximum of 74% of the total required. mixes dominated by renewable, nuclear, and CCS, in the. to be carbon neutral.
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. by subsidies that amounted to $523 billion in 2011, up almost 30% on 2010 and six times more than subsidies to renewables. Renewables. Energy demand.
Levi argues that it is important to integrate US and Canadian cap-and-trade systems, while warning against the risks of a Canada-only cap-and-trade scheme and against an ill-designed US low-carbon fuel standard. Oil sands exploitation will not fundamentally change the global oil picture.
The forecast has the annual average regular grade retail gasoline price increasing from $2.35 in 2011, primarily because of projected rising crude oilprices. The growth in ethanol blending is driven by the Renewable Fuel Standard, which requires an increase in renewable fuels from a total of 10.6
DNV and GL merged in September 2013 to form DNV GL—the world’s largest ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. Ship electrification and renewables.
None of the subsidy programs that ended at the end of 2012 were renewed. Extracting oil by fracking could stabilize the oilprice over the next few years. Government support for e-mobility is declining in all the countries surveyed with the exception of China, according to the report.
Renewables increase from 13% of the mix today to 18% in 2035; the growth in renewables is underpinned by subsidies that rise from $64 billion in 2010 to $250 billion in 2035, support that in some cases cannot be taken for granted in an age of increasing fiscal austerity. Oil and the Transport Sector: Reconfirming the End of Cheap Oil.
Will be competitive at an oilprice of $45 to $90 at their commercial date. If the technology can be brought to scale, then waste feedstock processing could solve two problems at once—a source of low-cost, low-carbon renewable fuel, and a solution to the ever more critical issue to landfill reduction. Marine scrubbers.
Liquid organic hydrogen carriers are flexible media for the storage and transportation of renewable energy. This collaboration comes at a timely moment, on the back of rising oilprices. —Masaji Santo, President & COO, Chiyoda Corporation.
A new study by consultancy Roland Berger defines an integrated roadmap for European road transport decarbonization to 2030 and beyond; the current regulatory framework for vehicle emissions, carbon intensity of fuels and use of renewable fuels covers only up to 2020/2021. BEVs fueled with low carbon, renewable electricity (for PC).
Cellulosic biofuels can compete with oil at $90/bbl without subsidy assuming: average conversion yield of 91 gallons per dry ton of biomass; average conversion plant capital expenditure of $3.60 Sensitivity analyses varying these assumptions individually gave potential cost-competitiveness with oilpriced at $70/bbl to $120/bbl.
Penetration rates for the PHEV-10 and the PHEV-40 were compared to a Reference Case that assumes high oilprices and fuel economy standards specified by EISA 2007 (with modest increases after 2020, when those standards level off), as described in the 2008 Hydrogen Report from NRC.
According to a new report by the National Research Council, theUnited Statesis likely to meet the cellulosic biofuel mandates outlined under the current Renewable Fuel Standard.
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 oilprice or expectations of future demand.
The perspective of rising oilprices is a turboboost for a change in customer behavior, he said. Third is a corresponding infrastructure including nationwide recharging stations, intelligent network, and uniform standards. What is the potential of renewable energy sources? Currently, cars contribute.
The next hurricane that slams into the Gulf Coast could send prices up at the pump again. But the next car bomb that successfully explodes at a major Saudi oil facility could send fuel pump prices above $5 or $6 per gallon. The next stage is the plug-in hybrid charged not only by car systems but also by standard wall sockets.
The database includes joint Corporate Average Fuel Economy (CAFE) and GHG emission standards for LDVs. 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 oilprices.
The Obama administration has confirmed its committment to meet the 2007 ‘Renewable Fuels Standard’ yet has added caps on the use of grain-based ethanol to address concerns over negative impact associated with their use such as greenhouse emissions, increased food prices and land clearing. Jackson said.
The oilprice shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.
It offers fleet operators a serious and renewable alternative for applications where vehicles operate on a regular back-to-base cycle, such as local authorities and distribution companies,” he adds. It is built as a dedicated natural gas vehicle and is subjected to all of the same build-quality standards as a line-built diesel type.
The gap between the intercept of the ethanol supply curve and the oilprice creates large deadweight costs that may overwhelm any external benefits. However, production subsidies, import tariffs and sustainability standards do. Subsidies and mandates by themselves do not discriminate against international trade. Resources.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content