Author: Jan Ondřich

Jan Ondřich

Jan Ondřich is a partner in market analysis and advisory firm Candole Partners. He is a regular contributor to this blog.

Will power prices ever support new nuclear build?

Although some have argued that new nuclear is necessary for the power mix, Jan Ondřich disagrees. He takes a look at the numbers and finds that in the next 30 years, there’s no way that nuclear can compete with a mix of solar, wind, and gas.

View of the gas peaking plant in New Jersey (Photo by Jim.henderson, edited, CC0 1.0)

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Competition economics to the rescue

New nuclear: we know now it’s much more expensive than other options. But Central and Eastern European countries are investing in new projects (and the costs will be subsidized by tax payers). Policymakers argue that on the European grid, these prices make sense–but Jan Ondrich thinks otherwise.

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Why haven’t Central and Eastern European policy makers embraced the Energiewende?

Central and Eastern European (CEE) countries have been known for negating most policies which in the short run require some level of altruism and sense of responsibility, from climate change to immigration issues. When Germany embarked upon its revolutionary and transformative energy policy which became known as Energiewende, CEE political leaders were quick to condemn and ridicule the policy. Jan Ondrich explains.

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EU Energy Commissioner Canete’s COMECON

Instead of dealing with more pressing issues, Europe’s new energy commissioner Cañete wants to eradicate differences in power prices across Europe. In reality, equal prices are not only impossible to achieve, but make no economic sense, says Jan Ondřich.

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CEE nuclear folly

Politicians from Central and Eastern Europe use wrong assumptions to justify new nuclear power in their region. They base their pro nuclear stance on an expected significant increase in domestic power demand and increasing wholesale prices. Jan Ondrich reports.

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