Economist admits Europe won’t give up gasoline because of high electricity prices

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Expensive electricity in Europe will not allow the countries of the region to significantly accelerate the transition from conventional gasoline and diesel-powered cars to electric cars in the next few years, Sergey Kolobanov Strategic Research Center, deputy head of the Fuel Economy and Energy Complex department, believes. It has been reported DEA News.

According to him, even the ban on the import of petroleum products from the Russian Federation will not affect the situation.

Kolobanov pointed out that the energy crisis led to multiple increases in prices, especially gas and electricity, in the European market. According to him, the price of petroleum products increased the least.

“However, the rapid growth in electricity prices significantly worsens the key competitive advantages for electric vehicles – the cheapness of trips per kilometer,” Kolbanov said.

The economist also added that it is not worth anticipating a significant acceleration in Europe in the implementation of a policy aimed at avoiding oil fuel from the embargo on products from Russia.

On February 24, 2022, Russian President Vladimir Putin announced that he had decided to organize a special military operation in Ukraine in response to a request for assistance from the heads of the LPR and DPR.

The decision to run the operation became the justification for new sanctions against Russia by the United States and its allies.

Former Deputy Prime Minister Alexander Novak declarationThat EU sanctions will inevitably lead to gas shortages in the region.

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