Wonder how much WFH could help. Seems like during covid demand went way down.
Heavens no! How could we ever afford to be more productive overall? Just think of the effect on corporate real estate prices.
Iran war energy shock sparks global push to reduce fossil fuel dependence
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Re: Iran war energy shock sparks global push to reduce fossil fuel dependence
#12Like 1 year ago, wallstreet bros were being interviewed saying they decided all the green pledges and all that was woke from the pre-trump 2 era, and I haven't heard anything at all about climate change really from any world leader in the last few years. I guess once again, people have their coming to jesus moment when it's far too late.
Although the results are very similar, the motivation of energy independence is quite different that of climate change.
America has ample supplies of natural gas, oil etc. and so doesn't need to turn away from fossil fuels to be energy independent. Whereas in Europe we do as there isn't much natural gas or oil and even the coal that remains is difficult to extract and thus less economical.
Re: Iran war energy shock sparks global push to reduce fossil fuel dependence
#13Wonder how much WFH could help. Seems like during covid demand went way down.
That's true. I wonder if the government might force companies to allow WFH if there are petrol shortages.
They did it during covid so I wouldn't rule it out.
Re: Iran war energy shock sparks global push to reduce fossil fuel dependence
#14Yeah, I live in Spain and probably once again we'll have restrictions on AC in the summer just like at the start of the Ukraine war. Hopefully, we can avoid actual blackouts. The bizarre thing is that our government still wants to close down the remaining nuclear power plants. One of the issues with our proportional electoral system is that smaller, more extreme parties can become kingmakers and in our current situat…
Yeah, sucks they're trying to shut down our nuclear power, I agree. However, we're lucky the country is so sunny, if we could cover the inland deserted areas with solar panels, batteries and what not as an alternative, I'm OK with that as a compromise I suppose.
Re: Iran war energy shock sparks global push to reduce fossil fuel dependence
#15Yeah, I live in Spain and probably once again we'll have restrictions on AC in the summer just like at the start of the Ukraine war. Hopefully, we can avoid actual blackouts. The bizarre thing is that our government still wants to close down the remaining nuclear power plants. One of the issues with our proportional electoral system is that smaller, more extreme parties can become kingmakers and in our current situat…
what do you think of theory that denuclearisation movement in west europe was funded by CCCP? it makes sense to think CCCP/Putin would finance subversive movements to remove nuclear and coal and make the region dependent on russian energy exports
Of all the silly things I’ve seen Europe do over the last 20 years, getting rid of nuclear plants has to be one of the strangest. Sure, we all want solar but it’s not there yet. Hidden forces here would not be a surprise.
Re: Iran war energy shock sparks global push to reduce fossil fuel dependence
#16Yeah, I live in Spain and probably once again we'll have restrictions on AC in the summer just like at the start of the Ukraine war. Hopefully, we can avoid actual blackouts. The bizarre thing is that our government still wants to close down the remaining nuclear power plants. One of the issues with our proportional electoral system is that smaller, more extreme parties can become kingmakers and in our current situat…
> The bizarre thing is that our government still wants to close down the remaining nuclear power plants. That is very weird, even Germany stated recently that closing down their Nuclear Plants was a big mistake. For a very long time, I have always said France is smarter than what people give them credit for. Spain should take a peek over the mountains at France to see what a sane energy policy looks like.
> For a very long time, I have always said France is smarter than what people give them credit for. Spain should take a peek over the mountains at France to see what a sane energy policy looks like.
Incidentally, if I remember correctly, one of the causes (or things that made it worse) of the almost day-long blackout we (Spain) had last year was because France disconnected one of the links to Spain without notifying us properly.
Re: Iran war energy shock sparks global push to reduce fossil fuel dependence
#17Yeah, I live in Spain and probably once again we'll have restrictions on AC in the summer just like at the start of the Ukraine war. Hopefully, we can avoid actual blackouts. The bizarre thing is that our government still wants to close down the remaining nuclear power plants. One of the issues with our proportional electoral system is that smaller, more extreme parties can become kingmakers and in our current situat…
Levelized Cost of Energy for solar is 30-60$ and 100-200$ for nuclear. In the case of Spain, it is cheaper to build more energy lines with Morocco and battery storage than to use nuclear. Spain already has some of the cheapest energy in Europe thanks to renewables.
In the case of Germany, nuclear makes sense, but it is not clear where you would buy fuel for it, It might still be a supply chain risk since Russia and Kazakhstan are the main players there.
Re: Iran war energy shock sparks global push to reduce fossil fuel dependence
#18I wonder where the gulf states are going to end up.
They have tried hard to build economies that aren't just fossil fuel exports. Tourism, trade, finance, luxury living for rich foreigners… but everything they have tried is contingent on peace in the region. I doubt foreigners are looking forward to layovers in Dubai now there are Iranian drones heading their way.
Maybe future travelers will not see two trunkless legs in a desert, but empty condo towers and abandoned super cars still loaded with labubus.
Re: Iran war energy shock sparks global push to reduce fossil fuel dependence
#19Yeah, I live in Spain and probably once again we'll have restrictions on AC in the summer just like at the start of the Ukraine war. Hopefully, we can avoid actual blackouts. The bizarre thing is that our government still wants to close down the remaining nuclear power plants. One of the issues with our proportional electoral system is that smaller, more extreme parties can become kingmakers and in our current situat…
> The bizarre thing is that our government still wants to close down the remaining nuclear power plants. That is very weird, even Germany stated recently that closing down their Nuclear Plants was a big mistake. For a very long time, I have always said France is smarter than what people give them credit for. Spain should take a peek over the mountains at France to see what a sane energy policy looks like.
A lot of people thought France was just being arrogant for not going all in on becoming dependent on the US and maintaining their own ways of doing things. These past few years, it's been paying off for them. Hopefully other countries will wisen up and not allow their defense and entire economy to be dependent on the US or any other big country. It always comes back to bite them in the ass. The post WW2 decades were unusually stable and assuming it'll be that way forever is not wise.
Re: Iran war energy shock sparks global push to reduce fossil fuel dependence
#20Yeah, I live in Spain and probably once again we'll have restrictions on AC in the summer just like at the start of the Ukraine war. Hopefully, we can avoid actual blackouts. The bizarre thing is that our government still wants to close down the remaining nuclear power plants. One of the issues with our proportional electoral system is that smaller, more extreme parties can become kingmakers and in our current situat…
what do you think of theory that denuclearisation movement in west europe was funded by CCCP? it makes sense to think CCCP/Putin would finance subversive movements to remove nuclear and coal and make the region dependent on russian energy exports
An absurd conspiracy theory.
Nuclear power has an LCOE that is 5x the cost of solar and wind. Nobody would build it on cost alone.
The only reason countries build and run nuclear power plants is because it shares supply chain and a skills base with the nuclear military.
Which means they have nukes (France, Russia, US) or they they want to take out an option to one day build a nuke in a hurry just in case for a threat that is usually very obvious (Sweden, Japan, South Korea).
This was clearly recognized when Iran started building nuclear power plants but when Poland suddenly got interested in 2023 ostensibly "because environment" after decades of burning mountains of coal nobody batted an eye.