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It does make sense to connect the Baltics directly to the EU grid, even if the potential result is to help their nuclear plant project. I suspect that nuclear plant has enough problems that this will not be enough to help it come alive, whereas the connexion is actually good for energy security, and can easily help with offshore wind.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Sun Mar 29th, 2009 at 06:56:36 AM EST
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I do agree that interconnection makes sense, in the light of what you say and what the justification in point 4 says, but I feel they are weasely in the wording.

I suspect that nuclear plant has enough problems that this will not be enough to help it come alive

Incidentally, just the other day, I read a negative analysis of the Hungarian government's new plan of adding two blocks to the Paks nuclear plant, from unexpected quarters: a purely financial analysis, focusing on financing costs.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Sun Mar 29th, 2009 at 07:36:45 AM EST
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That's the constant mortal threat to nuclear investments - if financing costs go up, the entire business breaks down.

And with the current situation, even bonds backed by the full faith and credit of Budapest should carry pretty high interest.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Sun Mar 29th, 2009 at 11:34:54 AM EST
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