The construction of a second Baltic Sea natural gas pipeline from Russia to Germany (Nord Stream 2) is very controversial for political, energy economic, and ecological reasons. The project owner and some European energy companies argue that it is a profitable, private-sector investment project...

The European Union's target to reach greenhouse gas neutrality by 2050 calls for a sharp decrease in the consumption of natural gas. This study assesses impacts of greenhouse gas neutrality on the gas system, taking France and Germany as two case studies which illustrate a wide range of...

We analyze the potential impacts on the German economy of a complete and permanent shutoff of the remaining Russian natural gas supplies to Europe, accounting for the curtailment of flows through Nord Stream 1 that has already taken place. We find that such a scenario could lead to gas shortages...