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You are here: Home i In Focus i In Focus 2022 i Theme: The green transition i The hole that must be filled: the energy crisis and EU's green transition

The hole that must be filled: the energy crisis and EU's green transition

There had never been so much money for the green transition in Europe as there was in February 2022. But then Russia started its war against Ukraine. Europe answered by cutting the import of gas and other fossil fuels from Russia. How will this impact on the green transition? Will it speed up or must someone pull the emergency brake? The answer might be both.
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Large dimensions

The picture above was taken onboard the pipelay Castoro Sei as the first Nord Stream pipeline was installed in 2011. Two parallel gas pipelines with the capacity to transport 55 billion cubic metres of natural gas per year, deliver Russian gas to Europe. 

Another two parallel pipelines have been installed and were due to be opened just as Russia invaded Ukraine. The capacity would have increased to 110 billion cubic metres.

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