EIA’s AEO2012 includes analysis of breakthroughs in vehicle battery technology
*The mile amount given indicates how far these vehicles will travel on electric battery power alone before switching to a mixture of battery and internal combustion.
**The mile amount given indicates how far this vehicle will travel on a single full charge.
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The U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2012 (AEO2012) includes a High Technology Battery case that examines the potential impacts of significant breakthroughs in battery electric vehicle technology on the cost and price of all types of battery powered electric vehicles, which in turn affects projected vehicle sales, energy demand, and carbon dioxide (CO2) emissions.
tags: AEO2012 (Annual Energy Outlook 2012) , alternative fuel vehicle , alternative transportation fuel , CO2 (carbon dioxide) , demand , efficiency , electricity , emissions , forecast , prices , technology , transportation
Electricity storage can be deployed throughout an electric power system—functioning as generation, transmission, distribution, or end-use assets—an advantage when it comes to providing local solutions to a variety of issues. Sometimes placing the right storage technology at a key location can alleviate a supply shortage situation, relieve congestion, defer transmission additions or substation upgrades, or postpone the need for new capacity. The examples above and below illustrate the wide range of storage applications, though neither is intended to provide a comprehensive listing of storage technologies.
Note: "Petroleum" refers to crude oil (including tight/shale oil), lease condensates, natural gas plant liquids, and refinery gain. "Other liquids" refers to biofuels, bitumen (oil sands), coal-to-liquids, biomass-to-liquids, gas-to-liquids, extra-heavy oils, and oil shale.
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The Annual Energy Outlook 2012 (AEO2012) presents three alternative paths for world oil prices based on different production and economic assumptions. Among these cases, the real (constant 2010 dollars) oil price in 2035 ranges from $62 per barrel in the Low Oil Price case to $200 per barrel in the High Oil Price case, with the Reference case at $145 per barrel.
Analysis included in the U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2012 shows that extending and expanding certain energy-related policies beyond the current sunset dates and current implementing regulations incorporated in the AEO2012 Reference case could reduce projected national energy consumption in 2035 by nearly 6%. Although these policies do not directly aim to reduce emissions of carbon dioxide or other greenhouse gases, they reduce the carbon intensity of the U.S. energy mix, so that projected energy-related carbon dioxide emissions in 2035 are reduced by 8% relative to the Reference case.
tags: AEO2011 (Annual Energy Outlook 2011) , AEO2012 (Annual Energy Outlook 2012) , appliance standards , biofuels , buildings , CAFE standards , CO2 (carbon dioxide) , commercial , consumption , emissions , Extended Policies Case , industrial , No Sunset Case , residential , standards , transportation , utility
Note: The Brent and WTI crude oil spot prices are represented in dollars per gallon using a conversion factor of 42 gallons per barrel.
Since reaching a recent peak of $3.94 per gallon on April 2, the average retail price U.S. drivers paid for gasoline has fallen for 12 weeks in a row to $3.44 per gallon, according to EIA's weekly motor fuel survey. The drop in gasoline prices largely reflects the decline in crude oil prices (see chart above), which have historically comprised the biggest part of the pump price.
The Annual Energy Outlook 2012 (only available in .PDF file format until later this week) includes many cases that provide alternate projections of energy markets under a variety of different assumptions. Detailed model results through 2035 are available in an interactive table browser along with extensive analysis of energy issues, regulations, and legislation in the complete report.
Note: Excludes the 11.2 million households without a vehicle.
The housing stock in the United States could support significant numbers of plug-in electric vehicles. Of households that own at least one car, an estimated 49% (49.6 million housing units) park within 20 feet of an electrical outlet, based on recently released responses to a new question from the 2009 Residential Energy Consumption Survey (RECS).
West Texas Intermediate at Cushing, Oklahoma (WTI Cushing), a light, sweet crude grade, is North America's most closely observed crude oil price benchmark and the underlying commodity of the NYMEX crude futures contract. Until 2008, all North American crude grades broadly tracked fluctuations in WTI Cushing prices and were clustered within about $8 per barrel of the WTI Cushing price. Pricing differences between crude grades were largely explained by the different quality characteristics of the crude oil in each location and transportation costs to Cushing, the delivery point of the NYMEX contract.
Note: Daily pipeline imports are reported on a net basis, or imports minus exports.
Natural gas production in the United Kingdom is trending down due to declines in production from that country's North Sea fields. Imports via pipeline connections with Europe as well as seaborne deliveries of liquefied natural gas (LNG) now account for more than half of the U.K.'s natural gas supply.
Jun 19, 2012
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Coal exports to European and Asian markets represented 76% of total U.S. coal exports in 2011 (see chart above). While European markets have traditionally received a significant portion of U.S. coal exports, the share of coal exported to Asian markets is up since 2009 because of growth in sales to South Korea, China, and India. In 2011, total annual coal exports were up 31% compared to 2010, reaching 107 million short tons, due largely to rising exports to Europe and Asia.
Posted: July 2, 2012