Next-month futures in Europe’s biggest economy surged as much as 4.4% on Monday to the highest level since October last year. The equivalent contract in France rose 4.3%.

In Germany, where nuclear power has long been a thorny political issue, operators are much less enthusiastic, despite talks of a nuclear restart surfacing in the wake of the German coalition government's recent collapse.

This would put the UK's import levels at their highest since February, when it took 991,000 mt of LNG. The country has seen particularly low LNG demand since Q2 of 2024; however, that seems to be shifting as it procures more winter cargoes.

Russian gas is still being sold in significant volumes to Slovakia and Hungary, as well as to the Czech Republic which does not have a direct contract. Smaller volumes are going to Italy and Serbia.

The UK awarded significantly more capacity in this CfD round than in the previous. In 2023, the UK awarded only 3.7 GW of renewable capacity, including 1.9 GW of solar capacity and 1.5 GW of onshore wind.

"We are ready to supply [gas], though little depends on us here. This is why agreements on that should probably be made directly by consumers and the country ensuring transit," Novak said on the sidelines of an event in Sochi.

Thales, a global leader in the design and manufacturing of plasma heating systems, is the only European manufacturer of Gyrotron electronic tubes at its Munich operation.

What many aren’t aware of is that Russia remains one of the continent’s most important energy suppliers, and the European Union’s goal to end its dependence on Russian fossil fuels by 2027 will be hard to achieve.

The Sizewell C Devex Scheme has a total value of GBP5.5bn (€7.2bn) and it is expected to provide the greater flexibility to cover development expenditure costs up to and including FID, subject to appropriate Value for Money (VfM) assessments and approvals at the relevant time.

Europe's fire season typically peaks in June to September, but climate change increases hot and dry conditions that have contributed to the fire season starting earlier and burning more land.

Russian gas is delivered to Turkey via the Blue Stream and TurkStream pipelines, while a number of countries in southeast and central Europe still import Russian gas via TurkStream and onshore pipeline infrastructure.

Switzerland currently has four nuclear reactors generating about one-third of its electricity. They all have an unlimited operating licence and can be operated as long as they are safe.

The Czech SMR roadmap, published and approved in 2023, sets out options for technology suppliers and identifies 45 potential sites as well as investor models. Its vision is for SMRs to complement large nuclear units from 2030s-40s onwards.

Benchmark futures rose as much as 2.4% on Monday. The market has been sensitive to geopolitical events and outages this summer, even with storage sites exceeding targets ahead of Europe’s heating season.

European natural gas prices posted a double-digit advance for a second consecutive week after fears of possible disruptions to Russian fuel supplies crossing Ukraine.