> 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.
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.