Last week the European Commission released its second ‘State of the Energy Union’. According to the Commission the EU remains well on track to reach its 2020 targets for reducing greenhouse gas emissions, energy efficiency and renewables.
In the area of security of supply, the Commission highlighted achievements in building natural gas interconnectors, the fact that new liquid gas (LNG) terminals entered into operation and that work had begun on parts of the Southern Gas Corridor, a gas pipeline project in the Caspian region.
Notwithstanding this progress, the State of the Energy Union failed to make a single mention of the biggest issue that threatens to derail much of the work: the planned Nord Stream 2 natural gas pipeline between Russia and Germany.
The silence was simply deafening.
It is high time the Commission takes its responsibility and drafts a thorough impact assessment of the project in legal, environmental and economic terms.