The New York Times reports that Russia stands to benefit from Germany’s decision to shift away from nuclear power:

But when Mrs. Merkel asked Parliament last week to approve a series of laws to begin Germany’s “energy transformation,” designed to rid the country of nuclear power by 2022, she predicted that the country would need to use more fossil fuel, too — up to 20 gigawatts of it, twice what she had estimated days before.
Energy experts predict that most of that new fuel will be natural gas. “If we want to exit nuclear energy and enter renewable energy, for the transition time, we need fossil power stations,” Mrs. Merkel said. . . .
This is excellent news for Russia, the second-largest natural gas producer in the world, after the United States, and suffering even worse economic times. “What was really beneficial for Russia is not what Germany decided, but the Fukushima event itself. Gas markets will tighten more,” said Jonathan Stern, director of natural gas research in the Oxford Institute for Energy Studies.