Next Up – Why, if Norway is the highest growth EV Market in the world, is it using record amounts of diesel and gasoline ?

 

The answer to this will be in our next post here later this week.

Followed by – 2020: A New Era of Oil and Gas Megaprojects ?

Two questions to start the new year.

More to come

 

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Energy’s Winner of 2017: The World’s Largest Energy Consumer

Two roads diverged in a wood, and I
I took the one less traveled by,
And that has made all the difference

Robert Frost,   The  Road Not Taken(1)

This year the world’s largest energy consumer made a deliberate decision; and that choice will make all the difference to energy for decades.

China has chosen to invest heavily in the leadership of manufactured energy technology, rather than accept a long-term dependence on the classic fossil-fuel energy system.

The impact will be quick: in 2018 China will start to exploit lower-cost power generation, push innovations in scalable energy technologies and assert global EV leadership.

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2 + 2 = 4: The Energy Industry is now a battle between Technology and Ideology

“In philosophy, or religion, or ethics, or politics, two and two might make five, but when one was designing a gun or an aeroplane they had to make four.”

George Orwell, 1984

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OPEC’s Last Chart: The Curse of Thermodynamics

Oil demand has backed itself into a corner; OPEC’s last hope of growth lies in road transport, but history and thermodynamics both point toward rapid EV dominance.

Oil’s Road Model

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The Energy Transition is Amongst Us: UK Road Fuel Demand Peaks

 

The energy transition is accelerating: as predicted, the use of fossil fuels in UK transport has reached a peak, and is now in permanent decline. The forecast here indicates a decrease of 1 billion litres per year through 2025, and 2 billion litres per year thereafter.

UK fuel taxation policy needs to quickly adapt.

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A Victory for Arithmetic

In January we posted the prediction that 2016 would mark the historic high point in UK gasoline / diesel demand, with 2017 beginning a permanent decline in consumption.

In a victory for arithmetic, what actually occurred is – exactly that.

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