Iran war energy crisis is a renewable energy wake-up call

The Iran war is exposing how much the global economy still depends on fragile fossil fuel supplies. The conflict has virtually choked off the Strait of Hormuz, a vital shipping lane for a fifth of the world’s oil and liquefied natural gas. That's shaking up markets and pushing prices higher. Countries reliant on imported fossil fuels — from wealthy industrial economies to poorer developing nations — are facing major disruptions that can quickly ripple through utility bills, food prices, transport costs and electrical grids. Analysts say the crisis is a stark reminder that energy security is not just about stockpiles and shipping, but also about the lagging transition to renewable energy.

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I would argue a nuclear one as well. Energy independence and abundance should rely on a number of sources of energy.
20 years from now and billions of dollars over budget? Or by variety do you mean wind, solar, geothermal, and hydro?
In the West you mean? The Asians seemto have this particular industrial aspect somewhat under control.
The French thought they had it somewhat under control until they found out that they had way under budgeted decommissioning costs.
Nuclear is near dead if the new geothermal tech from fracking works out.

The Chinese already have a 125e Small Modular PWR that would be excellent for small islands like those of the Caribbean. It is the Linglong-1 [0]. I believe the first one cost 800 million dollars. It will be interesting to see the price reductions as it goes into serial ptoduction.

[0] https://www.reuters.com/business/energy/china-start-commerci...