E‐mobility in Slovakia by 2030—End of oil dependency?

Abstract More European countries seriously depend on oil supplies from Russia primarily via one pipeline, which makes energy security weaker. This energy balance brings a massive problem for the import intensity; therefore, e‐mobility might be a potential solution for the trade deficits of many Euro...

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Main Authors: Stanislav Zábojník, Dušan Steinhauser, Pavol Kráľ
Format: Article
Language:English
Published: Wiley 2022-06-01
Series:IET Smart Cities
Subjects:
Online Access:https://doi.org/10.1049/smc2.12031
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author Stanislav Zábojník
Dušan Steinhauser
Pavol Kráľ
author_facet Stanislav Zábojník
Dušan Steinhauser
Pavol Kráľ
author_sort Stanislav Zábojník
collection DOAJ
description Abstract More European countries seriously depend on oil supplies from Russia primarily via one pipeline, which makes energy security weaker. This energy balance brings a massive problem for the import intensity; therefore, e‐mobility might be a potential solution for the trade deficits of many European countries. Battery Electric Vehicles and Plug‐In Hybrid Electric vehicles have been introduced within the priorities of the EC but also by car manufacturing companies worldwide. By 2050, massive growth of Electric vehicles (EVs) is expected, and significant changes in favour of electric cars have to be observed in new car sales till 2030. The article's main objective is to investigate whether and to what extent new sales of e‐cars bring lower oil imports to Slovakia. The authors use three scenarios (based on regression models) differentiating market force intensity and regulation stringency till 2030. The significant findings of the models provide an estimated number of EVs on Slovak roads in 2030 and significant oil import cuts stemming from oil import substitution. The conclusion suggests that by 2030, Slovak oil imports will only slightly decrease due to e‐mobility penetration, even in the most optimistic scenario.
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spelling doaj.art-dc0629b10b524e27b93ae8a67860e0762022-12-22T03:31:28ZengWileyIET Smart Cities2631-76802022-06-014212714210.1049/smc2.12031E‐mobility in Slovakia by 2030—End of oil dependency?Stanislav Zábojník0Dušan Steinhauser1Pavol Kráľ2Department of International Trade Faculty of Commerce University of Economics in Bratislava Bratislava SlovakiaDepartment of International Trade Faculty of Commerce University of Economics in Bratislava Bratislava SlovakiaDepartment of Economics Faculty of Operation and Economics of Transport and Communications University of Zilina Zilina SlovakiaAbstract More European countries seriously depend on oil supplies from Russia primarily via one pipeline, which makes energy security weaker. This energy balance brings a massive problem for the import intensity; therefore, e‐mobility might be a potential solution for the trade deficits of many European countries. Battery Electric Vehicles and Plug‐In Hybrid Electric vehicles have been introduced within the priorities of the EC but also by car manufacturing companies worldwide. By 2050, massive growth of Electric vehicles (EVs) is expected, and significant changes in favour of electric cars have to be observed in new car sales till 2030. The article's main objective is to investigate whether and to what extent new sales of e‐cars bring lower oil imports to Slovakia. The authors use three scenarios (based on regression models) differentiating market force intensity and regulation stringency till 2030. The significant findings of the models provide an estimated number of EVs on Slovak roads in 2030 and significant oil import cuts stemming from oil import substitution. The conclusion suggests that by 2030, Slovak oil imports will only slightly decrease due to e‐mobility penetration, even in the most optimistic scenario.https://doi.org/10.1049/smc2.12031e‐mobilityenergy securityforeign tradeoil dependency
spellingShingle Stanislav Zábojník
Dušan Steinhauser
Pavol Kráľ
E‐mobility in Slovakia by 2030—End of oil dependency?
IET Smart Cities
e‐mobility
energy security
foreign trade
oil dependency
title E‐mobility in Slovakia by 2030—End of oil dependency?
title_full E‐mobility in Slovakia by 2030—End of oil dependency?
title_fullStr E‐mobility in Slovakia by 2030—End of oil dependency?
title_full_unstemmed E‐mobility in Slovakia by 2030—End of oil dependency?
title_short E‐mobility in Slovakia by 2030—End of oil dependency?
title_sort e mobility in slovakia by 2030 end of oil dependency
topic e‐mobility
energy security
foreign trade
oil dependency
url https://doi.org/10.1049/smc2.12031
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AT dusansteinhauser emobilityinslovakiaby2030endofoildependency
AT pavolkral emobilityinslovakiaby2030endofoildependency