Denmark's hope: New EU tool could be used against Nord Stream 2

Foreign investments in Europe's energy supply must be stopped if they constitute a security threat. And this tool should be used against Nord Stream, according to Danish members of the European Parliament.

Morten Helveg, Danish MEP. | Photo: CHARLOTTE DE LA FUENTE/POLFOTO


A new tool would protect Europe from foreign acquisitions of companies, which are vital for the EU's energy supply and infrastructure, proposed EU Commission President Jean-Claude Juncker, in his "State of the Union" speech to the European Parliament Wednesday. And Danish members of the EU parliament would welcome the new tool in relation to Nord Stream 2 – the gas pipeline which Russia's Gazprom is working to establish in the Baltic Sea.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa's deep financial woes are halfway self-inflicted

Despite successfully forwarding the external costs to customers, onshore wind projects valued at EUR 2bn are being delivered at zero-profit margins in the years to come, according to the turbine maker’s CEO. Here and there, things might have moved a bit too fast.

Siemens Gamesa drags down majority shareholder

Despite better sales than expected in the gas business, Siemens Energy downgrades its full-year guidance in the wake of Siemens Gamesa’s announcement of potentially massive losses in 2022.

Further reading

Related articles

Latest News

See all jobs