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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Comment by mrbbon Feb 24, 2024 6:46pm
105 Views
Post# 35897493

RE:Informative …

RE:Informative …

that is the best piece of comparison of ICE and EV i have read todate.
I always knew EVs are less efficient than ICE but i didn't have the full cycle data to prove my case.  My rough back of the envelop calculation has drew the similar conclusion, EV is only less inefficient than ICE on good days.  In winter, ICE is guaranteed more efficient than BEV.   However, i like to point out the article missed out 1 other inefficiency of EV in their calculation, that is the charging inefficiency.

Depending on factors like the ambient-air temperature, how empty the battery is when you start charging, and the supply voltage to your EV's charging unit, the efficiency of charging can vary between 70 percent and 90 percent.

So, thinking you paid 100 kwh of energy of electricity from the meter, your EV likely give you back 70-75% (η of charging x η of motor) energy converted into mechanical energy.  

In winter:

modern ICE efficiency 40% less 5% (for conservatism) due to cold air atomization of fuel for EFI, i estimate we use 25% of wasted heat for interior heating but it is free. Total useful energy return is 60% of gasoline energy content

EV efficiency as noted above, 72%, less 25% for interior heating, less 30% for battery charge lost due to colder temperature. 72%*(1-0.3)-25% =  25% of electricity energy charged and paid.  This of course does not include the upfront energy needed to make the battery and solar/wind as stated in the article or the energy lost in generating electricity from coal/NG

just like covid vaccine, gun ban, mass immigration, etc the population has been sold a lie. 



newtonboy wrote:

An interesting article about EV's (found on the ATH board) for your Saturday morning coffee session.  



https://4043042.fs1.hubspotusercontent-na1.net/hubfs/4043042/Content%20Offers/2023.Q4%20Commentary/2023.Q4%20GR%20Market%20Commentary.pdf


 

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