Capital Market Investments in Alternative Transportation Fuel

Capital Market Investments in Alternative Transportation Fuel PDF Author: Valerie Smith Boyd
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Capital Market Investments in Alternative Transportation Fuel

Capital Market Investments in Alternative Transportation Fuel PDF Author: Valerie Smith Boyd
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


A Primer on Alternative Transportation Fuels

A Primer on Alternative Transportation Fuels PDF Author: Timothy Coffey
Publisher:
ISBN:
Category : Biomass energy
Languages : en
Pages : 71

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Book Description
A review is undertaken of several approaches to producing alternative transportation fuels using feedstocks that are under the control of the United States. The objective of the review is to provide the non-specialist reader with a general understanding of the several approaches, how they compare regarding process energy efficiency, their individual abilities to provide for national transportation fuel needs, and their associated capital costs. It is noted that, in principle, vehicle missions determine fuel and propulsion plant requirements rather than the other way around. In reality, of course, there is a tradeoff among desired mission capabilities and fuel and propulsion plant technologies. The review results suggest these conclusions about alternative transportation fuels: if necessary, the United States can manufacture the transportation fuels it needs; the capital investments needed to manufacture fuels beyond petroleum will be substantial, regardless of the particular alternative fuel selected. In this regard, the steam reformation of methane (SMR) processes, because of their higher efficiencies and substantially lower capital costs, would seem to warrant special attention. The associated fuels are not carbon free or carbon neutral; the capital investments associated with the manufacture of renewable-- carbon free or carbon neutral-- fuels will be especially large; serious commercial investment in alternative fuels, in contrast to standard petroleum-based fuels, will be difficult to obtain as long as low-cost petroleum is available.

A Primer on Alternative Transportation Fuels

A Primer on Alternative Transportation Fuels PDF Author: Timothy Coffey
Publisher:
ISBN:
Category : Biomass energy
Languages : en
Pages : 0

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Book Description
"A review is undertaken of several approaches to producing alternative transportation fuels using feedstocks that are under the control of the United States. The objective of the review is to provide the non-specialist reader with a general understanding of the several approaches, how they compare regarding process energy efficiency, their individual abilities to provide for national transportation fuel needs, and their associated capital costs. It is noted that, in principle, vehicle missions determine fuel and propulsion plant requirements rather than the other way around. In reality, of course, there is a tradeoff among desired mission capabilities and fuel and propulsion plant technologies. The review results suggest these conclusions about alternative transportation fuels: if necessary, the United States can manufacture the transportation fuels it needs; the capital investments needed to manufacture fuels beyond petroleum will be substantial, regardless of the particular alternative fuel selected. In this regard, the steam reformation of methane (SMR) processes, because of their higher efficiencies and substantially lower capital costs, would seem to warrant special attention. The associated fuels are not carbon free or carbon neutral; the capital investments associated with the manufacture of renewable-- carbon free or carbon neutral-- fuels will be especially large; serious commercial investment in alternative fuels, in contrast to standard petroleum-based fuels, will be difficult to obtain as long as low-cost petroleum is available."--Exec. summ.

A Primer on Alternative Transportation Fuels

A Primer on Alternative Transportation Fuels PDF Author: Timonthy Coffey
Publisher: CreateSpace
ISBN: 9781478192114
Category :
Languages : en
Pages : 84

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Book Description
A review is undertaken of several approaches to producing alternative transportation fuels using feedstocks that are under the control of the United States. The objective of the review is to provide the non-specialist reader with a general understanding of the several approaches, how they com pare regarding process energy efficiency, their individual abilities to provide f or national transportation fuel needs, and their associated capital costs. It is noted that, in principle, vehicle missions determine fuel and propulsion plant requirements rather than the other way around. In reality, of course, there is a tradeoff among desired mission capabilities and fuel and propulsion plant technologies.

Alternative Transportation Fuels

Alternative Transportation Fuels PDF Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Air Quality
Publisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 128

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Book Description


Investing in Alternative Fuel Infrastructure: Insights for California from Stakeholder Interviews: Preprint

Investing in Alternative Fuel Infrastructure: Insights for California from Stakeholder Interviews: Preprint PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Increased interest in the use of alternative transportation fuels, such as natural gas, hydrogen, and electricity, is being driven by heightened concern about the climate impacts of gasoline and diesel emissions and our dependence on finite oil resources. A key barrier to widespread adoption of low- and zero-emission passenger vehicles is the availability of refueling infrastructure. Recalling the 'chicken and egg' conundrum, limited adoption of alternative fuel vehicles increases the perceived risk of investments in refueling infrastructure, while lack of refueling infrastructure inhibits vehicle adoption. In this paper, we present the results of a study of the perceived risks and barriers to investment in alternative fuels infrastructure, based on interviews with industry experts and stakeholders. We cover barriers to infrastructure development for three alternative fuels for passenger vehicles: compressed natural gas, hydrogen, and electricity. As an early-mover in zero emission passenger vehicles, California provides the early market experience necessary to map the alternative fuel infrastructure business space. Results and insights identified in this study can be used to inform investment decisions, formulate incentive programs, and guide deployment plans for alternative fueling infrastructure in the U.S. and elsewhere.

Alternative Transportation Fuel Additives

Alternative Transportation Fuel Additives PDF Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Energy and Agricultural Taxation
Publisher:
ISBN:
Category : Science
Languages : en
Pages : 94

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Methanol as an Alternate Transportation Fuel

Methanol as an Alternate Transportation Fuel PDF Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Fossil and Synthetic Fuels
Publisher:
ISBN:
Category : Alcohol as fuel
Languages : en
Pages : 304

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Book Description


Transitions to Alternative Transportation Technologies

Transitions to Alternative Transportation Technologies PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309121000
Category : Science
Languages : en
Pages : 142

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Book Description
Hydrogen fuel cell vehicles (HFCVs) could alleviate the nation's dependence on oil and reduce U.S. emissions of carbon dioxide, the major greenhouse gas. Industry-and government-sponsored research programs have made very impressive technical progress over the past several years, and several companies are currently introducing pre-commercial vehicles and hydrogen fueling stations in limited markets. However, to achieve wide hydrogen vehicle penetration, further technological advances are required for commercial viability, and vehicle manufacturer and hydrogen supplier activities must be coordinated. In particular, costs must be reduced, new automotive manufacturing technologies commercialized, and adequate supplies of hydrogen produced and made available to motorists. These efforts will require considerable resources, especially federal and private sector funding. This book estimates the resources that will be needed to bring HFCVs to the point of competitive self-sustainability in the marketplace. It also estimates the impact on oil consumption and carbon dioxide emissions as HFCVs become a large fraction of the light-duty vehicle fleet.

National Low Carbon Fuel Standard

National Low Carbon Fuel Standard PDF Author: Sonia Yeh
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The abundance and low cost of petroleum over the past 150 years has enabled rapid economic growth and extraordinary mobility advancements. But dependence on petroleum fuels also has large downsides, including dependence on insecure supplies, volatile prices causing high economic costs, polluted and unhealthy air, climate change, and increasing threats to local environments as production moves into more fragile areas. The transition to low-carbon alternative transportation fuels is becoming more urgent. But their introduction is inhibited by a long list of market conditions and failures. These include sunk investments and technology lock-in by the automotive and energy industries, other forms of technological and market inertia impeding investments in deployment and R&D, cartel pricing, and the failure of markets to assign a price to greenhouse gas (GHG) emissions. Various policies might be adopted to overcome these market conditions and barriers, ranging from pure market instruments such as carbon taxes to prescriptive mandates and voluntary actions. Each has different advantages and disadvantages. Some are easier to implement administratively, some are more economically efficient, and some are more effective in accelerating investments. None is perfect. One of the most compelling, assuming some level of urgency, is a broad, performance-based policy that targets greenhouse gas reduction -- what we refer to as a low carbon fuel standard (LCFS). In this report, we integrate scientific knowledge of alternative fuels -- including an assessment of economic, administrative, institutional, equity, political, and technological considerations -- to aid us in proposing a policy design for an LCFS for the United States. We have aimed for a policy design that would be effective, economically efficient, and broadly acceptable. An LCFS is a policy designed to accelerate the transition to low-carbon alternative transportation fuels by stimulating innovation and investment in new fuels and technologies. The goal is to provide a durable policy framework that will stimulate innovation and technological development. Since 2007, variations of an LCFS policy have been adopted by California, the European Union (Fuel Quality Directive, FQD), and British Columbia (Renewable and Low-Carbon Fuel Requirement Regulation, RLCFRR). Other states in the United States have been exploring the adoption of an LCFS policy, including states in the Midwest and the Northeast/Mid-Atlantic region, and the states of Oregon and Washington. The design of an LCFS is premised on the use of technology-neutral performance targets and credit trading, with the intent of harnessing market forces and providing industry with flexibility. It is also premised on the use of life-cycle measurements of GHG emissions, to assure that emissions are regulated effectively and scientifically. An LCFS is a hybrid of a regulatory and market policy instrument. It does not include mandates for any particular fuel or technology and as such does not attempt to pick winners or losers. Instead, it defines an average emissions intensity standard -- measured in grams CO2 equivalent per mega-joule of fuel energy (gCO2e/MJ) -- that all energy providers must achieve across all fuels they provide. Many options exist for meeting the standard. Regulated parties are free to employ any combination of strategies that suits their particular circumstances and perspectives -- including the purchase of credits from other companies. The breadth and reach of an LCFS, and the challenge of implementing an innovative policy, means that adoption of a national LCFS will not be easy or straightforward and will require careful analysis and design. It is necessary to address the cost-effectiveness of the policy (compared with other similar GHG policies) and to analyze ease of administration, fairness, equity, market flexibility, and impacts on energy security and sustainability. We have done so in a companion report, National Low Carbon Fuel Standard: Technical Analysis Report (TAR). This Policy Design Recommendations (PDR) report builds on insights and findings from the TAR. Below we recommend key policy design principles that chart a path toward developing a national LCFS policy.