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.
In the case of Hungary one can only speak about a negative Energiewende, or the “black energy transition”, which is apparently transforming the whole energy system backwards. If nothing changes soon, one huge, state-owned ‘national’ energy trust would be formed, managing resources, production, transmission and distribution of energy – majorly based on fossil fuels and nuclear. Exactly how the socialist area left it in the early 1990’s. Ada Ámon explains.
On August 6, the new Polish president – Andrzej Duda, from the right-wing and anti European Law and Justice Party (PiS) – will be sworn into office. And if the current political winds do not change, we can expect a substantial shift in the Polish parliament after the general elections in the fall, warns Michał Olszewski. Current polls suggest that the PiS will gain a significant margin. Pessimists warn that we should be prepared for a “Hungarian scenario”.
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.
An ambitious EU 2030 climate framework could be crucial to unlocking a global climate deal in Paris next year. Yet EU leaders still can’t agree on the details. Simon Evans compares the ambitions and goals ahead of today’s negotiations.
Czech Republic, Hungary, Poland and Slovakia, also known as the Visegrad Group, are all in the process of making profound mistakes concerning their energy supplies, which will cost these countries dearly for decades to come, as Paul Hockenos warns.