“In Normal Times Renewable Energy Is Cheaper,” Says This Economist in the Face of Iran’s Crisis and the Threat of a Return to Nuclear Power – Hybrids and Electrics

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European energy history looks back to the past to try to read the present. Geopolitical crises, such as the Middle East crisis, have reactivated the debate in Brussels on the extent to which it is appropriate to reduce dependence on fossil fuels and accelerate more stable alternatives. That discussion refers to what happened in the 1970s, when oil shocks did not change the system overnight, but they did open a window for technologies that were a…