The conclusion of Nord Stream 2’s construction through the Baltic Sea poses a range of geo-economic and security challenges – and not only to Eastern Europe. Whether the Biden Administration’s surprising approval of Nord Stream 2 this summer means that the pipeline will soon start operation remains an open question. The US Congress seems to […]
Strategic investment into Ukraine’s energy industry, including its low-carbon gas generation and transportation system would not only have narrowly geoeconomic, but also wider geopolitical implications. Assistance to Ukraine would help Kyiv contain the Kremlin’s ongoing attempts to unleash further socioeconomic instability in Ukraine.
There are two major topics in transatlantic relations that constantly hit the headlines: burden sharing and energy security. The latter is best exemplified by Nord Stream 2—a pipeline that will transport natural gas from Russia to Germany while bypassing Ukraine—which has driven a wedge between European and transatlantic unity. If completed, this pipeline would challenge the principle of fair play in the European market, existing European regulatory protections for consumers, and the political cohesion of the transatlantic relationship.