What Happened
Electric Propulsion May Take Short Routes First
Electric aviation is moving from prototypes to real operations, with eVTOLs and certified electric trainers progressing in parallel. While jet fuel will remain essential for long-haul aviation, electric propulsion offers an efficiency and cost proposition that may be difficult for liquid fuels to match on short routes. As the technology advances, oil markets may see a displacement of fuel demand, with every 10% of fuel demand displaced by electricity equaling roughly 0.7 million barrels per day. This development was reported by Oilprice.com.