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Iran war energy shock sparks global push to reduce fossil fuel dependence

reuters.com

31–40 of 474 posts

Re: Iran war energy shock sparks global push to reduce fossil fuel dependence

#32

Yeah, 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…

in the election that is running in Denmark right now it looks like nuclear power is back on the table.

Why would you invest in nuclear power, which is several times more expensive per kwh than wind + battery in Denmark, which also has excellent links to reliable hydropower from Norway and Sweden? Especially when your greatest external security threat is Russia which has openly threatened targeting nuclear reactors of a country they are trying to invade?

Not to speak of the inconvenient fact that Uranium is not a resource found in sufficient quantity in Europe and current European nuclear reactors get their fuel from Russia and Niger, not exactly reliable havens of stability.

Nuclear power makes certain sense for nations that want a military nuclear arsenal and are willing to subsidize nuclear reactors to retain the required workforce and research base. For everyone else it is a money sink and a complication when designing their grid for renewable energy.

Re: Iran war energy shock sparks global push to reduce fossil fuel dependence

#33
post #18

I 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 leg…

They also spent decades sending money to the US to buy influence and protection, which instantly vaporized the second a missile was launched their way.

Re: Iran war energy shock sparks global push to reduce fossil fuel dependence

#34
post #18

I 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 leg…

Presume the reference to trunkless legs is to the Shelly's famous poem Ozymandias (https://www.poetryfoundation.org/poems/46565/ozymandias)

Re: Iran war energy shock sparks global push to reduce fossil fuel dependence

#35
post #17

Yeah, 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 K…

Existing nuclear power is acceptably cheap. For France the longterm LCOE for running their fleet to EOL is €60 per MWh.

The problem is new built nuclear power which costs €180-240 per MWh excluding insurance, backup, final waste disposal etc.

It also won't be online until the 2040s meaning it is entirely irrelevant as as solution to anything on a time scope not on the level of decades.

Re: Iran war energy shock sparks global push to reduce fossil fuel dependence

#36
post #18

I 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 leg…

Well at least they will have much less money to meddle in Africa, I guess.

Re: Iran war energy shock sparks global push to reduce fossil fuel dependence

#37

Wonder how much WFH could help. Seems like during covid demand went way down.

It helped on reducing traffic, spending more time with family, favouring local shops... Why we went back still is a mystery for me. Even if it was "working from a coworking space" or anything that was not the downtown open-space.

I remember reading articles about local politicians insisting companies and governments do return to office for no other reason than to have the workers spend money downtown for lunch. Not even implying it, directly stating it.

Re: Iran war energy shock sparks global push to reduce fossil fuel dependence

#38
post #5

Yeah, 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.

No, we did not. Katharina Reiche and that guy from Bavaria are certainly not "Germany" or the majority of Germans. No atom reactor is going to be built, it's just typical rhetoric from both of them.

Not even the major energy suppliers are interested in building new nuclear reactors.

I was not against prolonging the phase out for a bit, but we don't even have a permanent storage solution after all this time.

They aren't even compatible with climate change: https://www.euronews.com/2025/07/02/france-and-switzerland-s...

Re: Iran war energy shock sparks global push to reduce fossil fuel dependence

#39
post #25
post #17

Earlier quoted context omitted.

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 K…

It's not that easy, and the 2025 blackout good evidence of that. Renewables need a grid that's engineered for them and that require significative investments. Without them, closing power plants (of any kind) is, IMO, nonsensical. Ironically, Spain has plenty of Uranium, but there is an environmental law that doesn't allow its mining. https://alpoma.medium.com/uranium-in-spain-8ef975763257 This country is crazy.

But doesn't nuclear power present a complication when designing a power grid for renewable energy? It is basically very expensive caseload energy that needs permanent demand, when the entire proposition of a renewable-focused grid is that you manage a non-certain production with dynamic demand (via batteries and price-sensitive usage).

Re: Iran war energy shock sparks global push to reduce fossil fuel dependence

#40
post #18

I 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 leg…

> Maybe future travelers will not see two trunkless legs in a desert, but empty condo towers and abandoned super cars still loaded with labubus.

Maybe they actually will gaze upon it and despair (just not for the reason the original poem said :-))

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