Robert Roth
Jan 17, 2023

--

Russia wants the newly discovered gas discovered in Ukraine. That threatens about 20% of their market share. Of course the European market is shifting to alternative suppliers and clean energy. Also, demand for gas and diesel will likely fall by 50%. How soon? Well 10% of light vehicles account for 30% of the demand and the economics are now clear it is obvious to switch to EV. It is the production ramp of batteries that limits the time to 50% reduction in fossil fuel demand for light vehicles. Similar implications for semi trucks. So what? Prioritize the use of battery production for vehicles that use the most fossil fuel. Russia will see the light they are fighting for a commodity that will soon be worth a small fraction of today’s value.

--

--

Robert Roth
Robert Roth

Written by Robert Roth

Retired Intel Electrical Engineer, 70's US Navy Officer Nuclear Power Program, Graduate studies in Business UC Berkeley, BSEE U of Fla.

Responses (2)