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)
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.
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.
The current market fails to generate pricing signals allowing full cost recovery of power generation. The European Commission decided to introduce a set of measures to ensure generation adequacy and supply security. The measures are further detailed in network codes, explains Jan Ondřich.
The split of German utility E.ON into a “good” and a “bad” part has worrying implications for the larger utilities in Central and Eastern Europe. Jan Ondrich explains.
The idea of a European capacity market has been occupying people’s minds for quite some time. Jan Ondřich takes a look at the feasibility and design and finds that Europe must solve other – more pressing – energy market issues first.
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.
The EU’s 2030 climate package contains free emissions trading allowances for Central and Eastern Europe’s carbon-intensive industries. Thereby, Brussels not only conceded to the environmental damage and long overdue changes to the market, but also to the possibility of corruption. Jan Ondrich explains.
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.
Market coupling is a good way to allocate cross-border transmission capacity, better for example than explicit auctions. But it is not the same as a single power market. Nor does it inevitably lead to one. Jan Ondrich takes a look.
