"Energy Only" – der ewi-Blog

The Nord Stream 2 project is discussed controversially with regards to its geopolitical, strategic, economic and environmental implications. A deep-dive analysis on the political and economic drivers of the Nord Stream 2 project has been provided in the report “Options for Gas Supply Diversification for the EU and Germany in the next Two Decades, a joint work by the European Centre for Energy and Resource Security (EUCERS) and ewi ER&S.

As pointed out by previous research by the Oxford Institute for Energy Studies (OIES), e.g. Petrovich (2015), gas prices in Europe have been overall well aligned in recent years. However, there have been bottlenecks in the European gas infrastructure in 2014 that led to a decoupling of the prices between specific gas hubs.