4 ms·
Energy infrastructure time horizons are different from politicians ones. Energy policy requires planning and large investments over decades. There is no incent
by llsf 4y ago
Energy infrastructure time horizons are different from politicians ones. Energy policy requires planning and large investments over decades.
There is no incentives for politicians today to say here we are spending $XXB on energy infrastructure now so you can reap the profits of it, in 20 years from now.
Specifically, France got some bad short-term decisions in mid-2000 to not renew nuclear maintenance (hoping to close it eventually), and now all those decisions have to be reversed. But again, reversing it is not going to happen in matter of weeks or months. So, this winter might bring some careful balance distribution (and imports).