How will the 55 GW of generation from coal, gas, and nuclear be replaced during weeks of wind-still winter in mid-century Germany?

"The TTF month-ahead settlement price for derivatives is by far the most widely used benchmark in gas supply contracts across the EU, followed by maturities of two-month ahead and year ahead," it states.

Dutch front-month futures, Europe’s gas benchmark were down 1.3% at €114 a megawatt-hour at 8:51 a.m. in Amsterdam.

Lappeenranta University of Technology (LUT) plans to deploy an MMR as a research and test reactor at or near its campus in the city of Lappeenranta in southern Finland.

Dutch front-month gas futures, a European benchmark, were 5% lower at €128 a megawatt-hour at 8:40 a.m. in Amsterdam.

Export loadings of Russian crude averaged 3.02 million b/d in the week ending Dec. 11, little changed from the week before and in line with the November average of 3.07 million b/d

Despite Russia slashing gas deliveries this year, Europe has averted a severe shortage and started the winter with brimming gas storage tanks

Countries led by Germany, the Netherlands and Denmark are calling for a cautious approach, while a group including Belgium, Italy, Greece and Poland is pushing for a more aggressive tool to contain gas prices.

NNL said it has been working on this endeavor since 2009, when its researchers first discovered that americium-241, an alternative to Pu-238, is produced during the radioactive decay of used fuel from nuclear reactors and that it emits power for more than 400 years.

The Arctic weather is the first real test of Europe’s resiliency this season as it faces a historic energy crisis, with Russia curbing gas supplies to the region.

Seaborne exports of Russian crude averaged 3.07 million b/d in November, down from 3.09 million b/d in October and just below the pre-war average of 3.1 million b/d in January and February.

Russia gradually choked its gas supply to Europe through 2022, ending deliveries via Yamal-Europe and Nord Stream, and sharply cutting exports via Ukraine.

Russia is traditionally among the world’s top three coal exporters, though the industry accounts for just a sliver of the Russian economy.

The Group of Seven clinched a last-minute deal to cap the price of Russian crude at $60 per barrel.

In June the EU announced that, come December 5th, it would ban imports of Russian seaborne crude oil, which accounted for 2m barrels per day (b/d), or about 40% of Russia’s total crude exports, a year ago.