alt Hacker NewsThe EU also released a plan in the past week to accelerate the deployment of both nuclear and renewable energy. This oil shock is going to have lasting impacts.
https://energy.ec.europa.eu/publications/accelerateeu-energy...
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boringg • yesterday at 3:29 PM
Couldn't ask for better unintended outcomes from that Iran war than to fast track deployment of renewable and nuclear energy.
Get europe off their anti-nuclear, pro gas stance. France gains a fair bit from this development. Russia loses influence as does the mid-east if the trajectory holds.
Winners: heat pump manufacturers, nuclear re-processing, uranium enrichment, eVs, nuclear heavy manufacturers, solar panels (China)...
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> This oil shock is going to have lasting impacts.
It is not only the oil shock.
Most of the nuclear initiatives at the EU level have been mostly blocked by the German government for the last 15y.
The Russian gas crisis in 2022 reshuffled the cards entirely: Germany realized that constructing its entire energy policy on a foreign asset (Russian Gas) was not really a smart move.
The German position changed significantly after the crisis with Friedrich Merz explicitly called the German nuclear phaseout 'a mistake'.
Soon after, Nuclear energy stopped to be a swear word at EU level and EU funding streams seems to have opened up again for Nuclear power.
The recent oil crisis is just the last nail in the coffin of the anti-nuclear lobby.