State-supported demand boosters could potentially revolutionise the energy markets of Poland, Romania, Czechia, Slovakia, and Bulgaria, turning them into a global launch pad for SMR deployment.
COP 28’s failure to agree a timetable for phasing out fossil fuels this year is extremely disappointing. But although the fossil fuel lobby may think they have scored a victory their triumph is likely to be short lived. The most likely result of this failure will be to intensify alternative international efforts to speed up the clean energy transition. The currently heavily carbon-intensive economies of Central and Eastern Europe as well as Central Asia are set to be at the forefront of this shift.