Friday, October 22, 2021

Grid and Car Talk

 I sat and watched a business report today (German business news), which chatted to the idea that Germans will dump gas/diesel cars because of the increasing cost of fuel, and switch to electrical cars.

I sat and pondered over this.  The price of one single kWh at the mid-point of 2021 was 31.94 Euro cents.

The cost of power (single kWh hour) was 4.4 Euro cents in 2010 (11 years ago).

The odds of the kWh reaching 50.00 Euro  cents by the end of 2024?  I'd give it better than a 70-percent chance.  

In fact, if you drew the spreadsheet....by 2030....it's likely to be over 75.00 Euro cents per kWh.  

The E-car enthusiasts never talk over the rate, and how it increases year after year.  

No comments: