By "external shocks" I did not mean daily or weekly fluctuations, but price jumps lasting many months to several years. Like oil price spikes 2006-2008, or less

By "external shocks" I did not mean daily or weekly fluctuations, but price jumps lasting many months to several years. Like oil price spikes 2006-2008, or less extreme but longer 2010-2014. Or shorter, but more extreme natgas spikes of 2022. Without local hydrocarbons or nuclear oil or gas price spikes drive industry out of the country. This is what happened in Germany, which apparently is doubling down on this strategy. With base nuclear power the state has a lot of flexibility to support industry in case geopolitics or neighbors' bad macro policies jack oil and gas prices up.