{"id":60727,"date":"2021-12-02T06:34:02","date_gmt":"2021-12-02T11:34:02","guid":{"rendered":"https:\/\/olduvai.ca\/?p=60727"},"modified":"2021-12-02T06:34:02","modified_gmt":"2021-12-02T11:34:02","slug":"la-nina-to-blast-europe-with-cold-snap-amid-energy-crisis","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=60727","title":{"rendered":"La Nina To Blast Europe With Cold Snap Amid Energy Crisis\u00a0\u00a0"},"content":{"rendered":"<header class=\"ArticleFull_header__11o5_\">\n<h3 class=\"ArticleFull_title__2cUI6\"><a href=\"https:\/\/www.zerohedge.com\/weather\/la-nina-blast-europe-cold-snap-next-amid-energy-crisis\">La Nina To Blast Europe With Cold Snap Amid Energy Crisis\u00a0\u00a0<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__38L44\">\n<div class=\"NodeContent_body__2clki NodeBody_container__1M6aJ\">\n<p>Energy prices in Europe are expected to increase as new weather models forecast a plunge in temperatures to begin by the late weekend.<\/p>\n<p>A weather phenomenon known as La Nina will bring below-normal temperatures for continental Europe and the Nordic region by Sunday.<\/p>\n<p>The region is susceptible to cold snaps, with natural gas stockpiles well below average.<\/p>\n<div class=\"Advert_desktop__1J5vD Advert_tablet__3QEBr Advert_mobile__1rlLc Advert_placement__1I4yb Advert_align__N0_fw\">\n<aside id=\"in-content-video\" class=\"Advert_verticallySpaced__wnPy3\" data-google-query-id=\"CNLgjJ-CxfQCFVbRhwod6-oBbg\">\n<div class=\"ac-widget-placeholder ac-reset\" data-loaded-pid=\"zerohedgecom\" data-loaded-wid=\"0011r00002RYAhn_1419\">\n<div id=\"ac-lre-player-ph-ext-2Wm2gpPYMayc9F0PzUAHcrCDJqW9Hyi6\" class=\"ac-lre-player-ph-ext ac-lre-ph-playlist-hide-scroll-bar ac-lre-carousel-horizontal ac-lre-carousel-legacy\">\n<div id=\"ac-lre-player-ph-2Wm2gpPYMayc9F0PzUAHcrCDJqW9Hyi6\" class=\"ac-lre-player-ph ac-lre-desktop vjs-hide-top-articles\">\n<div class=\"ac-lre-wrapper luminous-theme is-floated-outer-title\">\n<div class=\"ac-player-ph\">\n<div class=\"ac-player-wrapper ac-mobile-landscape ac-floated-player\">\n<div class=\"ac-lre-player vjs-flag-ads vjs-flag-ads-hide-controls\">\n<div id=\"ac-lre-vjs-2Wm2gpPYMayc9F0PzUAHcrCDJqW9Hyi6\" class=\"video-js vjs-default-skin ac-lre-vjs-2Wm2gpPYMayc9F0PzUAHcrCDJqW9Hyi6-dimensions vjs-fluid vjs-controls-enabled vjs-workinghover vjs-v7 vjs-has-started vjs-user-inactive cc-hidden vjs-layout-x-small ac-lre-small-player lx-size-0 vjs-paused\" lang=\"en-us\" tabindex=\"-1\" role=\"region\" aria-label=\"Video Player\">\n<div class=\"trending-articles-container\">\n<div class=\"nav-item-hit-area\" data-index=\"0\"><\/div>\n<\/div>\n<\/div>\n<div class=\"ac-lre-ima-ad-wrapper\">\n<div class=\"ac-lre-ima-ad-container\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ac-lre-playlist-horizontal ac-lre-element-disabled\">\n<div id=\"ac-lre-ph-playlist-horizontal\" class=\"ac-lre-playlist-text\">\n<div class=\"ac-lre-playlist-rail\">\n<div class=\"ac-lre-playlist-slide\" data-index=\"1\" data-mediaid=\"ifmeks3lorgeinrngvdgowthjfgeqqtn\" data-is-click=\"true\" data-title=\"SoftBank Said to Plan $14 Billion Sale of Alibaba Shares\"><\/div>\n<div class=\"ac-lre-playlist-slide\" data-index=\"3\" data-mediaid=\"ifmekskonvxwcnchivbwyrztgi2vkudy\" data-is-click=\"true\" data-title=\"U.S.-Saudi Oil Alliance Under Consideration, Brouillette Says\"><\/div>\n<div class=\"ac-lre-playlist-slide\" data-index=\"5\" data-mediaid=\"ifmei6l2orehunchivbwyrztgj5hozrt\" data-is-click=\"true\" data-title=\"Investors Have Given Up on a V-Shaped Recovery, BNY's Young Cautions\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_56d6be9e_0.png?itok=hKuzWF8R\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_56d6be9e_0.png?itok=hKuzWF8R\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_56d6be9e_0.png?itok=hKuzWF8R\" alt=\"\" width=\"500\" height=\"291\" data-entity-type=\"file\" data-entity-uuid=\"db743ddd-44b1-4c72-8fd6-e041359428b9\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>On Wednesday, gas prices at the Dutch TTF hub, the benchmark for European gas, are making another attempt at the \u20ac100 per MWh mark.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_56463110_1.png?itok=mRWJrL1q\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_56463110_1.png?itok=mRWJrL1q\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_56463110_1.png?itok=mRWJrL1q\" alt=\"\" width=\"500\" height=\"200\" data-entity-type=\"file\" data-entity-uuid=\"2d6c5a6a-d419-437d-a046-0c668b011699\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>Extra gas supplies by Russia have been mute so far. The Nord Stream 2 pipeline remains in limbo after German energy regulators last week\u00a0<a href=\"https:\/\/www.zerohedge.com\/commodities\/germany-regulators-suspend-nord-stream-2-approval-gas-prices-jump-12\">suspended<\/a>\u00a0the certification process.<\/p>\n<p>The next round of cold air is going to test energy supplies across Europe. Gas prices are likely to move higher, pushing up power prices. Already, power prices in Finland have\u00a0<a href=\"https:\/\/www.zerohedge.com\/commodities\/finnish-electricity-prices-jump-5x-amid-unseasonably-cold-weather-and-worsening-energy\">jumped<\/a>\u00a0five times higher than a year ago.<\/p>\n<p>North West Europe&#8217;s average temperatures for the next week are expected to slide well below the 30-year mean through the mid-point of the month.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_5c104413.png?itok=JWRpNGG6\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_5c104413.png?itok=JWRpNGG6\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_5c104413.png?itok=JWRpNGG6\" alt=\"\" width=\"500\" height=\"276\" data-entity-type=\"file\" data-entity-uuid=\"a0bc9d87-7e57-4041-b139-665545bc596a\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>The same with Nordic areas.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_5c0eb787.png?itok=FlnWAl7D\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_5c0eb787.png?itok=FlnWAl7D\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_5c0eb787.png?itok=FlnWAl7D\" alt=\"\" width=\"500\" height=\"324\" data-entity-type=\"file\" data-entity-uuid=\"274a56f7-030b-409f-b317-e066d6499221\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>North West Europe&#8217;s heating degree days, a measure of heating demand, will be significantly over the 30-year average. The same is with Nordic areas.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_5c0ec40a.png?itok=syeTvKtS\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_5c0ec40a.png?itok=syeTvKtS\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_5c0ec40a.png?itok=syeTvKtS\" alt=\"\" width=\"500\" height=\"278\" data-entity-type=\"file\" data-entity-uuid=\"859d83ca-9a2c-49ef-ba55-e6179e40de39\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>On top of the cold, weather observer\u00a0<a href=\"https:\/\/electroverse.net\/records-fall-in-europe-nsw-coldest-nov-pinatubo\/\" target=\"_blank\" rel=\"noopener\">Electroverse<\/a>\u00a0forecasts snow will blanket the continent over the next two weeks.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/2021-12-01_11-30-28%20%282%29.gif?itok=fWKL4qHj\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2021-12-01_11-30-28%20%282%29.gif?itok=fWKL4qHj\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2021-12-01_11-30-28%20%282%29.gif?itok=fWKL4qHj\" alt=\"\" width=\"500\" height=\"389\" data-entity-type=\"file\" data-entity-uuid=\"712cbd1f-dafe-4900-85bb-627186b870ad\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>The development of the La Nina weather pattern has meant unseasonably cold weather for Europe, boosting energy prices but declining prices in the US as weather trends stay warmer. The chart below shows US energy prices negatively diverging the UK and EU gas prices.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/unnamed_63.jpg?itok=NE9lNyJ1\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/unnamed_63.jpg?itok=NE9lNyJ1\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/unnamed_63.jpg?itok=NE9lNyJ1\" alt=\"\" width=\"500\" height=\"292\" data-entity-type=\"file\" data-entity-uuid=\"763d451b-0b9a-43b6-bb41-77632182d5c7\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>Soaring energy inflation and rising food prices are the makings of a &#8216;winter of discontent&#8217; across Europe. EU politicians beware.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>La Nina To Blast Europe With Cold Snap Amid Energy Crisis\u00a0\u00a0 Energy prices in Europe are expected to increase as new weather models forecast a plunge in temperatures to begin by the late weekend. A weather phenomenon known as La Nina will bring below-normal temperatures for continental Europe and the Nordic region by Sunday. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[265,281,3103,1146,4318],"class_list":["post-60727","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-environment","tag-energy-crisis","tag-europe","tag-la-nina","tag-winter-weather","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60727"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60727\/revisions"}],"predecessor-version":[{"id":60728,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60727\/revisions\/60728"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}