The future is not the "Age of Electricity", on the contrary, we need to start the "Age of all types of energy", said OPEC Secretary General, Haitham Al-Jais.
Al-'Ais identified a number of blind spots in the electrification debate:
The so-called "electric age" requires extensive installation of equipment, filling homes, offices and cities with an ever-increasing amount of equipment.
The production and supply of this equipment depends on an international supply chain, and the logistics depend on oil-based transportation.
Wider electrification will usher in the "era of more cables and chargers" and increase the demand for petroleum products: insulation and sheathing used in cables, chargers and electrical kits.
The OPEC chief also pointed to a number of issues hampering the expansion of electric vehicle use, including availability of critical minerals, public charging stations, subsidies and market realities.
But, probably the most important thing: reliability of energy supply and electricity production are unthinkable without traditional energy. It is possible to solve the issue locally, but on a massive scale and accessible to everyone, it is still not realistic. Maybe sometime in the bright future. In the meantime, all sources and investments in them are important. reasonable. Even the IEA suggests an "ambitious" target of 35% to 3,035. And this does not mean that the consumption and role of gas and oil will decrease significantly by this time.
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