Energy crisis, page-2

Suspect a perfect storm which will massively benefit uranium is happening now in Energy Security?

"The lack of supply of natural gas by Russia (or the political will to supply more), the difficulty of ramping up Norwegian gas or other gas imports quickly, is jeopardizing Europe’s energy situation. At the same time, a possible shutdown of several electricity-intensive industries in Europe, such as fertilizers, chemicals, and steel/aluminum production is on the table.

Political leaders will have to face the direct implications of higher energy bills or possible energy deficits for consumers and the industry. Both could lead to protests or political landslides during upcoming elections. Threats of an energy crisis are being discussed widely, but no real solutions except lower taxes are available. Due to higher energy costs, a possible record price level of $100 MMBtu or $250 per barrel of crude oil equivalent is very bad news for politicians, especially in the Netherlands, Germany, France, and the UK. "
Link


Large scale of reliable power needs with hydrogen, nuclear, wind, solar, Geothermal ....battery- pumped hydro, hydrogen/ammonia as a store is needed There is a part for all of these. With out nuclear the lights may go out in the EU. Political types have survival at front of mind and not having energy security will see them out of a job very quickly. Quick and relatively cheap small and medium reactors (SMRs) provide a quick effective proven technology option. Now we have over come our phobia on the Submarines even we just might see SMR. here in OZ? Not as big a needs as the Eropeans and POMs perhaps? They may have no choice now as they have changed track with out first having all the options they needed to have secure reliable power? Russia has them as a puppet on a string.

The mad EU scramble to cover energy shortages now will make decisions much easier to avoid political wipe outs.