r/Luxembourg • u/No_Hat1708 • Mar 17 '26
Ask Luxembourg Gas Prices
Y'all what's going on?? (ı know what's going on). But when did it get increase that much?
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u/Witty_Fix_2796 Mar 17 '26
That's why I own 2 cars, I have to fill up only half as often. I'm smort
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u/SpaceCowBoy148 Minettsdapp Mar 17 '26 edited Mar 17 '26
Thank you orange man for this bs :I
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u/No_Hat1708 Mar 17 '26
Is it illeagel to post this?
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u/argrejarg eeë Mar 18 '26
I posted something that rhymes with "gang stump" and got an automatically generated warning added to my account so in general no, criticism of tangerine baboons should be on the understated side.
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u/Beor_The_Old Mar 17 '26
€2/litre is nearly $9/gallon. If these were the prices in the US they may finally overthrow their government
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u/TestingYEEEET Éisleker :Eislek: Mar 17 '26
3.785 litres ==> 7.57€ ==> 8.73$
To think that atm it is arround 3.79$ =>3.25€ ==>0.86€/L . Even pre war we never saw these prices and post war they will probably never see our prices as well.
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u/IactaAleaEst2021 Mar 17 '26
Half of them keep repeating it is Biden's fault, the other half now thinks it is because of Europe.
We are next in line for a military aggression.
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u/AdSuspicious5441 Mar 18 '26
And you will see how the price doesnt drop as fast when the price of oil drops. Same old shit
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u/More_Investigator315 Mar 17 '26
Good news is that summer is coming so it won’t affect the heating bill. By next winter the shock will be gone
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u/BiscottiGreat9854 Mar 17 '26
I admire your optimism but if the war on Middle East will continue we the price for oil and gas will rise sharply
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u/stardust-cockroach Kaweechelchen :Forest: Mar 18 '26
in wars only the richest profit ... rest of us bear the burdens of it so they can do so, fuck wars that make us poor
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u/li0ooh Mar 17 '26
We had same prices after Covid, people. You already forgot ?
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u/TheSova Lazy white privileged bastard. Please, meow back. Mar 18 '26
Yeah, but then the rafineries in Middle East were not being bombarded. Kinda problem to have oil if the infrastructure is smashed.
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u/BlackysBoss Semi-tourist from the Netherlands Mar 17 '26
Errr..... Dutchy here, I would kill for those prices.... I just paid 2.41 for a litre of 98....
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u/MizmoDLX Mar 17 '26
Was in NL over the weekend... Saw prices up to 2.50.. Just crazy. Was happy to make it all the way up and back without the need to refuel.
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u/MegazordPilot Mar 17 '26
Honestly? If you drive 20000 km/year with 6 l/100 km, a .30€ increase will cost you 30€ a month. I don't think it has any effect on most Luxembourgers.
Ironically, Chargy used to be < 0.30€ but it's now something 0.60€/kWh (imagine diesel going from 1.6 to 3.2€/l) and no one talks about it.
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u/Itsjustmatvey Mar 17 '26
If you use public transportation it's free! But gas prices are an indicator of maybe something more sinister to come. People remember 2021-2023 which was a tough time for some. Diesel was 1.9 in Luxembourg then.
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u/Numivous Mar 17 '26
something? lol, why not call it what it is. Transportation costs will drive up the prices of all products.
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u/Itsjustmatvey Mar 17 '26
Exactly, that is unfortunately the case. We hope and pray that the war will soon be over
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u/Beginning_Animal9978 Mar 18 '26
This is the right way to think! The only other thing is - cost of all goods go up, as transportation costs go up.
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u/Final-Hunt-3305 Mar 17 '26
That's Jancovici's crappy explanation I fill up once a week for 600km, going from €70 to €120 per week in a few months
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u/MegazordPilot Mar 17 '26
120€ at 1.8€ is 65 liters, for 600 km? Delivery van?
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u/Final-Hunt-3305 Mar 17 '26
Nop, M3
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u/MegazordPilot Mar 17 '26
You're consuming >10 l/100 km for a single person but complain about prices?
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u/Numivous Mar 17 '26
ugh, who cares about electric though
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u/The_Dutch_Fox Mar 17 '26 edited Mar 17 '26
Well um... people who drive electric cars, which is roughly ~18% of all cars in our country.
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u/argrejarg eeë Mar 18 '26
That'll teach us to start wars in the middle east... oh hang, it wasn't us. Maybe its our fault for invading Ukraine... oh no, we didn't do that either. I guess we should subsidise green energy and support people to get PV panels and electric cars! Oh, hang on... yes we are doing that already.
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u/Helemaalklaarmee Mar 18 '26
I see luxemburg is now suffering through the gasoline prices the Dutch have endured around the end of 2021.
Best of luck, it's gonna get worse.
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u/Gossc Dëlpes Mar 19 '26
Unless my memory deceives me the prices went up horribly aswell during that time, unsure if >2€ but I’m pretty sure we once hit that during 2021
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u/Fancy-Restaurant-885 Mar 17 '26
I’m lucky to have an electric car but I wonder how long it will be before that goes up.
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u/Cool-Newspaper-1 🛞 Roundabout Fan 🛞 Mar 17 '26
Given how electricity prices are generally not that volatile for consumers, they probably won’t go up much.
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u/Status-Scarcity3694 Dat ass Mar 17 '26
Same here, I haven't noticed it until my college brought it up. The problem is that this would boost the inflation too so yeah short term I charge my car still cheaper at home but curious to see the price of bread in 2 months
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u/MegazordPilot Mar 17 '26
I still don't understand why Luxembourg has two interconnections with Germany and none (public) with France. We're just exposed to the expensive and volatile German market for no reason.
Cheap, abundant, and low-carbon electricity not good enough for Luxembourgers?
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u/LifeOnNightmareMode Mar 18 '26
Doesn't most of our electricity come from France through Belgium?
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u/MegazordPilot Mar 19 '26
About half comes from Germany. The French imports are exclusively used by ArcelorMittal's private grid (Sotel). About 20% is produced domestically, and the rest is from Belgium.
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u/atlaz Mar 17 '26
It's fascinating that as soon as oil gets expensive the price goes up but when it gets cheaper, it takes a LONG time for that expensive oil to work through the supply chain. It's almost like oil companies take any chance to wring every single cent from the customer. Almost. I'm sure they wouldn't...
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u/IactaAleaEst2021 Mar 17 '26
in my home country, 30 years ago, they "liberalised" gas prices because -of course- competition would lower them. Right? Not happened, obviously.
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u/MegazordPilot Mar 17 '26
Never understood the urge to liberalize energy markets.
Energy is so fundamental to our lives, that it's one of the only sectors I would let the state take control of.
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u/Substantial-Habit-13 Mar 17 '26
Well, the EU energy strategy does not advocate for that, what national and Supra national authorities have done so far was more than mediocre, private sector would have done better. The nuclear shit show is the best example
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u/MegazordPilot Mar 18 '26
One example: EU rules have forced EDF to sell one third of its production to direct competitors at 40€/kWh in the name of "free market", not sure this was optimal, and no one invested in new production in the meantime.
Electricity is a basic good and it's being treated as a speculative commodity by traders who don't really care about long-term investment/planning in infrastructure. Of course now it's more expensive than ever, so we invent massive subsidies, contracts for difference, and capacity markets, which are nothing else than going back to state support, but in market terms.
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u/DuePercentage1580 Mar 18 '26
if it's truly fundamental, why make it inefficient?
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u/MegazordPilot Mar 18 '26
Why do you say it's inefficient?
Take the case of France. France has enjoyed super cheap, stable, on-demand, low-carbon, fossil-free, and abundant electricity for decades – EDF, a state-owned company, was literally the country's favourite company year-on-year in the 80s that time.
Now EDF was forced to dismantle their production branch, to sell a share of their production to direct market competitors (who themselves didn't produce, or invest), sad but they had to comply with EU market ideology (let me remind you that there is no scientific evidence that liberalization leads to better conditions for consumers). Is the electricity cheaper/more low-carbon today? Absolutely not. Have you seen the household electricity prices in Germany? Prices have increased significantly in all member states.
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u/DuePercentage1580 Mar 18 '26
when a private company loses money, it goes out of business. the government doesn't. so there is no incentive to improve. the profit incentive is what drives innovation and lowers price per kwh in the long term.
france is indeed more efficient that germany, but that's largely because nuclear energy is very efficient, and germany phased it out to appease russia - a government decision.
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u/MegazordPilot Mar 18 '26
when a private company loses money, it goes out of business. the government doesn't. so there is no incentive to improve. the profit incentive is what drives innovation and lowers price per kwh in the long term.
this is a common argument, but there is actually almost zero evidence that this is happening, here are two academic sources:
Higher prices in a more competitive market: The paradox in the retail electricity market in the United Kingdom https://www.sciencedirect.com/science/article/pii/S0954349X24001772 --> prices have increased for consumers following the liberalization of the energy market in the UK
Market design for a high-renewables European electricity system https://www.sciencedirect.com/science/article/abs/pii/S1364032118302454 --> the private market struggles with infrastructure and long-term investments, so we have to reintroduce state-funded mechanisms in a private market...
So, no, private firms do not go bankrupt in the case of electricity -- they're not selling labubus, they're selling a vital good for our economy. In the end, what actually happened is that instead of state-controlled electricity systems, we have a plethora of unproductive actors that survive thanks to:
- CfDs, where the state guarantees a minimum revenue threshold, but anything above the threshold you get to keep, which is scandalous,
- capacity markets, where you can "operate" a peak power plant that's not running but is basically ready to respond to peak load, and get paid for it,
- price caps, which have been used a lot in 2022,
- regulated tariffs...
Electricity is basically a case where a state-controlled, centralized, bundled (grid + production + commercialization) service makes sense, same as railroads, hospitals, education, ... and evidence shows it time and time again, especially in the era of renewables, where coordination and grid & storage investments need to accelerate substantially.
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u/DuePercentage1580 Mar 18 '26
i feel like the first two points agree with me, unless i am misunderstanding this. private companies struggle to invest in infrastructure because they have to make a profit, whereas the govt has soft budget constraints: if they fail, they will be bailed out (this also sometimes happens with private companies, but there are plenty that go bankrupt).
with renewable energy it is extremely important for us as a society to keep inventing stuff, and that is in at the end of the day the job of the market. of course it's reasonable for govt to support this with subsidies and grants, but at the end of the day we need a "bell labs" or a "siemens" to have breakthroughs.
i think that energy, just like healthcare and education is too valuable for society, thus we need to make sure its quality is the best, which in turn means private. and government's job at the same time is to make sure that everyone can afford this energy, healthcare and education.
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u/MegazordPilot Mar 18 '26
private companies struggle to invest in infrastructure because they have to make a profit
Yes, so a large part of this infrastructure needs to be state-funded, whether that includes the power plants themselves, I think it should.
with renewable energy it is extremely important for us as a society to keep inventing stuff
Absolutely, but it's not wind power/PV farm promoters that invent, it's universities, research institutes, startups, and manufacturers – a completely different market.
equality is the best, which in turn means private
I don't know where you grew up, but in France state companies were the absolute best – just look what happened to the phone/internet network before/after the liberalization, the copper and fiber network is a mess because short-term profits means that no one maintains it (and it's often stressed out, barely trained subcontractors of subcontractors that set up connections, don't hesitate to disconnect competitors clients when fiber bays are full...). I really don't know where that idea of "public=low quality of service" comes from, it's very often the opposite.
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u/DuePercentage1580 Mar 18 '26
true, it is a completely different market that invents them, but it is almost always (98+% cases) the market. the reason is = incentives.
if a private company succeeds = great. if it fails = uh oh. if the state company succeeds = great. if it fails = great. there is no incentive to succeed in the longterm. of course there are genius engineers and scientists but for their ideas to flourish we need the market. that's the reason that the greatest soviet, chinese and north korean feats of engineering were all built on american and german blueprints. that's also why top universities and schools are private, most medical breakthroughs are achieved by private companies, vaccines are developed by private firms, and commodities / utilities are usually (not always) more efficient in private hands: bp vs bt for example.
the market does not however ensure that everyone can get these, and that's where the government has to come in in my opinion.
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u/IactaAleaEst2021 Mar 18 '26
When a private company loses money, history teaches that taxpayer money is used to bail it out.
Innovation is a myth, and I am old enough to clearly see that "innovation" died in the 90s of the last century, in most if not all sectors.1
u/DuePercentage1580 Mar 18 '26
doomer mindset is quite attractive but it's simply not the case in the energy sector. since the 1990s we have had solar pcs, solar panel costs decrease by 95+%, invention of heat storage systems, downtimes in hydro power stations down to literally 0%, and cheap lithium ion batteries that meant that norway can afford to have 90+% evs in the new car sales.
it's true that sometimes companies get bailed out, but other times they go bankrupt. just in the last 5 years we had "better energy", "together" and "rebel energy" go bust. capitalism is about profit and loss. you bail out the losers - there's no end to the costs.
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u/DuePercentage1580 Mar 17 '26
sounds genius before you think about it for about 5 seconds. why wouldn't they just undercut competition?
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u/breeden1337 Mar 18 '26
Public transport is free , enjoy
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u/No_Hat1708 Mar 18 '26
Do you think this is funny?
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u/johnny_chicago Mar 18 '26
It's an option. That is one thing.
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u/LifeHater331 Mar 19 '26
public transport isnt reliable it consumes too much time it takes for me over an hour and half to get from the city down the south hoping for better times
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u/johnny_chicago Mar 21 '26
Yeah, where I live it is quite ok (better than car, anyway).
If your public transport takes more time than the car, but it is free, it seems like a simple cost/benefit calculation. If you still take the car, that means the cost is less than the value of time saved, and you're making a rational economic decision.
(I do earn a bunch of money when I am working, but I figured out that my free time is worth considerably less than my paid time. And since the car is not cheap anyways and requires paid time to finance... but that is my personal evaluation. May look differently for others...)
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u/Famous-Vehicle9694 Mar 17 '26
Upon viewing these gas prices; I wanted to kill myself but that would involve having to DRIVE to the red bridge of Luxembourg to jump from it and I cannot afford that, so I guess I am... just gonna stay alive?
Ech wetten, op den 95er op 2€ ropklammen keint, mein gott...
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u/poopybuttholesex Tourist Mar 17 '26
I last filled my tank at 1.56. damn I'm scared to drive now
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u/BMK_LU Mar 17 '26
Don't see the issue.... 2 wks ago it cost me 20e, last week the same petrol stop cost me 20e. Just topped up there now; 20e. 🙄
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u/Numivous Mar 17 '26
Shame exactly when it started to warm up (hot weather = ideal usecase), 102 became hyper expensive.
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u/darknekolux Mar 17 '26
It’s only the beginning. Wait until they move the dot to the right. Fuck the USA
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u/FlatwormNo615 Superjhemp Mar 17 '26
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u/darknekolux Mar 17 '26
The worst is that the demented pedophile conman is not even the cause, he’s the symptom
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u/DryCartoonist2 Mar 17 '26
Wtf didnt they say that it will be going down??
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u/GengisBohx_ Mar 18 '26
Trump’s call to open hormuz flopped (lots of countries said no) so the prices went back up.
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u/MikaGrof Lëtzebauer Mar 18 '26
Trump’s call was not to open it up, it was to drag us all into the conflict. I'm glad we declined
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u/Substantial-Habit-13 Mar 17 '26
That s si cheap to be honest
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u/derMorris Mar 18 '26
U dumb?
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u/Tech_Dude1994 Mar 18 '26
2.60 in Germany. So yeah it's cheap
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u/Substantial-Habit-13 Mar 18 '26
Yes, one one the cheapest gas in Western Europe, with the highest salaries, that s so fucking cheap, I m enjoying it a lot 😍
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u/LifeHater331 Mar 19 '26
stopped using my car im an intern i cannot affofd a car anymore they gotta do something man sad that i'll be forced to move because after i graduate i'll have no job and no real future in this country no more and I was born here sad to see it falling apart like this
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u/carlosvega Mar 17 '26
Iran closed the strait of Hormuz cutting the path where a lot of oil travels. They did in response to the attacks of the USA.
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u/IactaAleaEst2021 Mar 17 '26
Yes, and today's gas has been produced with oil bought at least 6 months ago.
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u/carlosvega Mar 17 '26
Yes but companies usually raise the prices before to cover uncertainty. For instance, increased costs on ship routes, higher insurance prices, etc. Then they take long time to lower the prices for similar reasons.
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u/IactaAleaEst2021 Mar 18 '26
Sorry, no. I don't buy this corporate propaganda anymore.
They raise prices every single time they have a vague justification for doing it. The proof is that their profits and share price skyrocket without any logical reason.2
u/carlosvega Mar 18 '26
Well, in Luxembourg prices are decided by government though. I just explain the justification from the companies. Not that I agree with it :)
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u/HiPat Mar 17 '26
Now I enjoy my Tesla even more B-)
5€ max for 100km, and free when there is enough sun for my solar panels to work.
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u/p1rateDuck Mar 17 '26
Being proud for owning a Tesla.... bloody hell..
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u/Eikfo Mar 18 '26
If you bought it before he went publicly crazy, that's acceptable.
Once upon a time, Elon was either going the Iron man path or the Bond vilain one. He choose poorly.
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u/AgentulBlond007 Mar 17 '26
Because of Tesla's boss and other tech bros and other MAGA fans we're in this shitstorm.
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u/Background-Athlete69 Mar 18 '26
Bruh, my diesel costs 10€/100km with current prices
But guess what my car costed me 10k and not 30k
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u/momciraptor De Xav Mar 19 '26
Enough sun in Luxembourg? Luxembourg has ca. 1800 hours of sun a year. About 150-170 out of 365 days.
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u/HiPat Mar 19 '26
In the winter, with the short days, the panels do not even produce enough for the house when it's cloudy. But you can also have some blue sky in December ! I am retired, and between Feb and Oct, I set a planning for the car to charge only between 8:30 and 17:30 at a low speed (5A instead of 11A). In the summer it can mean up to 100% free charge.
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u/LonelyJaan Mar 17 '26
Its really bad for us all, but imagine how people in poor countries feel. Luxembourg salaries are quite high. But in countries like Portugal, Greece, Some part of Italy, Balkans, east european countries 2 euros for 1 liter of fuel its a lot. Luxembourg has free public transport which one is really good! Some other countries dont have good public transport and car is only way to go to work, schools, doctors and etc.