Slovenia becomes first EU country to introduce fuel rationing
Slovenia becomes first EU country to introduce fuel rationing
Europe simply does not have enough known oil reserves to put a dent in current prices even if it exploited them all.
There may still be good arguments to do so anyway, such as it being less carbon intensive than importing oil, but there is absolutely no magic lever we can pull that would fix this problem that we're just not pulling due to renewables legislation.
For electricity generation, the UK is currently generating 50% via renewables. It goes up and down each day of course, storage is not a solved problem yet.
Nice visualisations of the current status:
https://grid.iamkate.com/
Electricity is only a part of the whole energy sector, but it's relevant to this thread about EVs.
Partly, though both have had periods of right wing governments trying to make this problem worse to benefit their oil and gas industry backers.
And now the same people are saying that the answer is more oil and gas.
A quarter of a century ago, the first quarter of 2001, Britain used 39 TWh of coal electrical generation, 36 TWh of gas and 21 TWh of nuclear.
Today we're lot more energy efficient†, and the renewables made more than 25 TWh, but nuclear is now less than 10 TWh, we of course no longer burn coal, which leaves 30 TWh of gas still and we have a lot more imports (because we have a lot more interconnect, which is also a form of energy security)
† For example back then we mostly used incandescent light bulbs! And a lot of people still used CRT televisions back then!
> Define affordable.
Cheaper than the total cost of ownership of a combustion vehicle at $150-$200/barrel for prolonged periods of time.
Are We Approaching an Unprecedented Energy Crisis? - https://thedispatch.com/newsletter/dispatch-energy/iran-war-... - March 26th, 2026
France confirms oil crisis, says 30-40 percent of Gulf energy infrastructure destroyed - https://www.france24.com/en/france-confirms-oil-crisis-says-... - March 25th, 2026
Even the best-case scenario for energy markets is disastrous - https://www.economist.com/finance-and-economics/2026/03/22/e... | https://archive.today/5OhRI - March 22nd, 2026
New cars have questionable affordability for most people. Particularly when you factor in dubious design choices and expensive marketing. Cars and driving are expensive. If that was a barrier there wouldn't be many people on the road.
Also, the Electric polo is supposed to be released at around 25k Euros. Given the lower running costs that seems like a good deal relative to legacy designs. For all those people will to spend 40k on a car you could put the money into solar panels instead.
If you think the Seal isn't affordable then don't buy one.
You can buy a brand new Dacia Spring for only £12,240. Personally I don't think it's a great car but it's certainly doesn't cost 40K.
If it were my money I'd spend a bit more on either a used Jag ePace or a Renault 5 but some people prefer new cars I guess.
My parents just bought a new BYD Dolphin, and it cost 3 EUR to go 150 km, whereas my diesel car costs 15 EUR for the same route.
I don't know how people can say electric cars aren't cheaper. It's a 5x difference!
Europe would be better served by doing, what France did in 1974.
"As a direct result of the 1973 oil crisis, on 6 March 1974 Prime Minister Pierre Messmer announced what became known as the 'Messmer Plan', a hugely ambitious nuclear power program aimed at generating most of France's electricity from nuclear power. At the time of the oil crisis most of France's electricity came from foreign oil. "
"Work on the first three plants, at Tricastin, Gravelines, and Dampierre, started the same year and France installed 56 reactors over the next 15 years."
https://en.wikipedia.org/wiki/Nuclear_power_in_France#Messme...
Because the way how the EU electricity market operates first to supply electric power are the power plants with the lowest operating costs. This are usually renewables and nuclear power plants. Both are capital expensive and cheap in operating costs.
Usually the capacity factor of European nuclear reactors is higher than 60%.
olkiluoto-3 nuclear reactor, had capacity factor 70% in the year 2024:
https://world-nuclear.org/nuclear-reactor-database/details/o...
Mochovce-3 had capacity factor 74% in the year 2024:
https://world-nuclear.org/nuclear-reactor-database/details/M...
In the U.S. they really try to get maximum from nuclear reactors.
https://world-nuclear.org/nuclear-reactor-database/details/W...
> Europe would be better served by doing, what France did in 1974.
This is 2026. Doing things in 1974 isn't an option because time's arrow points the wrong way.
If you want Europe to do things now that it should have done in 1974 you'd need to explain how it'll stall on all the consequences for years. France, which you held up as a model says it can build a nuclear generator in about 5-6 years, but none of these optimistic projections came true this century, more typically the plant takes 10-15 years and it can be more.
So, suppose they start today likely they'll say the generator goes online in 2032. How does that help with the crisis Trump caused this month ? Worse, come 2032 the date is likely to be 2040 instead.
Now, renewables go a lot faster. For solar it's genuinely possible to get paperwork done in January and be selling electricity made with those panels by summer. It's not easy, plenty of projects will be delayed out a 1-2 years, particularly if local government don't want the project, but with a following wind it can really be the same year. Wind is slower, but still you will almost certainly build it and switch it on in five years, the optimistic guess France never hits for its nuclear plants.