Discussion of our electricity sector is dominated by questions such as “whether and how to protect coal-fired power plants”, and we rely to a considerable extent on building nuclear capacity. The idea is gradually taking hold in public debate that, besides the new Dukovany units, we will achieve this through small modular reactors. Discussions about them are somewhat like those about the Yeti: everyone talks about it, but (almost) no one has seen it (with the exception of China and Russia).

Meanwhile, we are missing the opportunity to invest in technologies that already exist and are cost-effective. Although we jointly secured a requirement in Brussels for countries to grant permits for strategic investments (including renewables, of course) within one year, the reality is that these projects remain almost impossible to deliver. This is especially tragic for wind power, which we urgently need for a balanced energy mix.

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