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The fact that German electricity prices are among the highest in Europe, despite relatively low wholesale prices, must serve as a warning signal ,” said IEA Executive Director Maria van der Hoeven as she presented the report, Energy Policies of IEA Countries – Germany 2013 Review. However, the financial cost of the shift is causing concern.
Most homeowners have or can easily set up for plug-in electric vehicle (PEV) battery charging overnight while the driver sleeps. [ Electric fuel cost is a fraction of gasoline or diesel fossil fuel cost, even at a time when petroleum prices are temporarily reduced due to geopolitical manipulations and manufacturing costs.
According to Denmark’s national grid , Energinet, in 2019 half the country’s electricity was generated by renewables, while in Germany the figure was only slightly lower at 46%. . With grids increasingly powered by renewables, electrical demand has to follow supply. The EV as a mobile electricitystorage device.
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