Bloomberg, 5 December 2018
Volkswagen AG expects the era of the combustion car to fade away after it rolls out its next-generation gasoline and diesel cars beginning in 2026. Traditional automakers are under increasing pressure from regulators to reduce carbon-dioxide emissions to combat climate change, prompting Volkswagen to pursue a radical shift to electric vehicles.
Posts from the ‘Energy’ Category
Bloomberg, 5 December 2018
Bloomberg, 3 December 2018
Qatar said it will leave OPEC next month in a move that threatens to fracture the group’s unity just as it tries to maintain a global coalition to control the oil market. Qatar, a member since 1961, is leaving to focus on its natural gas production and has informed the Organization of Petroleum Exporting Countries of its decision, Energy Minister Saad Sherida Al-Kaabi told a news conference in Doha on Monday. A spokesman for the group declined to comment.
EIA, 29 October 2018
U.S. electric power sector carbon dioxide emissions (CO2) have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity. EIA has calculated that CO2 emissions from the electric power sector totaled 1,744 million metric tons (MMmt) in 2017, the lowest level since 1987.
Oil Price, 21 October 2018
Russian authorities have announced that domestic oil production hit 11.36 million barrels per day (bpd), on average, in September (Vedomosti, October 2). This marks a new historic peak, reached despite the often-cited poor shape of the Russian economy and negative impact of Western sanctions, not to mention the restrictions self-imposed on Moscow by the 2016 deal with the Organization of the Petroleum Exporting Countries (OPEC) (see Jamestown.org, March 8). Commenting on this fact, Vagit Alekperov, LukOIL’s CEO and principal shareholder, assumed the current output levels cannot be sustained, arguing that Russia has already reached the limit of its oil production capacity. On the other hand, Russia’s Energy Minister Alexander Novak strongly disagreed (Neftegaz.ru, October 3).
NBC News, 13 October 2018
When Michael Ramsey, an analyst for technology research firm Gartner, started in February to put together his 2018 “hype cycle” report for the future of transportation, he had plenty of topics to choose from: electric vehicles, flying cars, 5G, blockchain, and, of course, autonomous vehicles. But one type of transportation is conspicuously absent from the results of the report: electric scooters.
Renew Economy, 11 October 2018
Audrey Zibelman, the CEO of Australia’s Energy Market Operator, has contradicted claims by the federal Coalition that transitioning out of coal would mean the lights going out. The blackout line has been a long-time favourite of the Coalition government and has come to the forefront again after the UN Intergovernmental Panel on Climate Change recommended the world end its use of coal for power generation by 2050 at the latest.
The Guardian, 20 September 2018
New petrol and diesel car sales in Europe must be phased out before 2030 if the auto sector is to play its part in holding global warming to the Paris agreement’s 1.5C goal, a new analysis has found. Forecourt plug-in hybrids will also have to disappear by 2035 at the latest, according to analysis by the German Aerospace Centre (DLR).
The Driven, 14 September 2018
Getting petrol and diesel cars off the road and replacing them with electric will go a long way to solving pollution problems but if you can do the same with heavy-fuel-use trucks the results are even more impressive, and that’s what Volvo is banking on with their just announced cabless truck.
Renew Economy, 17 September 2018
It’s now well known that eastern-Australian electricity demand peaked in 2008 and declined sharply thereafter, catching many industry analysts unaware. Now the same thing is happening with gas.