GERMANY, TOGETHER WITH OTHER COUNTRIES, WILL BUILD A CORRIDOR IN THE BALTIC

GERMANY, TOGETHER WITH OTHER COUNTRIES, WILL BUILD A CORRIDOR IN THE BALTIC

The effects of the war between Russia and Ukraine are changing the way the market for the most valuable resources is managed, especially in Europe. After all, with Russia as the main exporter of products such as gas, its influence over other nations has kept it in a privileged position for decades.

However, this could change soon. Far from being manipulated by Russia and its energy monopoly, several European countries are aiming to create alternatives that help Europe regain stability. One of the nations most focused on this is Germany.

READ MORE:EUROPEAN POLITICAL COMMUNITY VIS-À-VIS RUSSIA

From the outset, the foundations are barely laid, but the project could bring impressive results; a corridor that crosses the Baltic and Nordic seas to connect Latvia, Estonia, Finland, Lithuania, Poland and Germany with a new source of energy: hydrogen.

EU REPOWER PLAN 2023

After the start of the war between Ukraine and Russia, Europe had to start taking measures to avoid one crisis after another. As these two nations are suppliers of raw materials and essential products, the proposals did not take long to make themselves heard in the European Parliament.

READ MORE: “DEVELOPMENT COOPERATION BETWEEN ECOWAS AND THE NETHERLANDS

With a view to addressing the energy crisis and framed within the RePowerUE 2030 Plan, the ambitious project hopes to be able to generate up to 10 million tons of hydrogen as a stable source of energy, ultimately replacing gas from Russia.

The signatory companies within the project are:

  • OTHERS, from Germany.
  • GAZ-SYSTEM, from Poland.
  • Amber Grid, from Lithuania.
  • Conexus Baltic Grid, from Latvia.
  • Elering, from Estonia.
  • Gasgrid Finland, from Finland.

 

THE ECOLOGICAL BENEFIT

The infrastructure is expected to begin in Finland in 2023, and extend through the Baltic Sea nations and Poland, before ending in Germany. Thanks to this project, the European Union could not only begin to consolidate a safe and stable source of energy youporno. But, in addition, it will be able to progressively get rid of the use of fossil resources and direct European energy on a more ecological path.

Let us remember, after all, that replacing the gas with hydrogen would have a major impact on the environment: we are talking about a considerable and very significant reduction in greenhouse gases. It is proposed that this energy could be used in all areas, from transport to domestic heating.

 

THERE IS STILL WORK TO BE DONE

One of the biggest challenges for this corridor, in addition to providing enough to supply 6 nations, will be finding a space in the market that is strong enough to displace Russian gas.

Furthermore, the project is still in preliminary development and does not have a clearly defined roadmap. It is estimated that in the next year 2023 the partners that will be part of the project will begin to carry out feasibility studies.

However, there is no doubt that, if it comes to fruition, it could mean a new opportunity for other corridors that connect longer stretches, such as North Africa and Southern Europe.

 

 

EUROPEAN POLITICAL COMMUNITY VIS-À-VIS RUSSIA

EUROPEAN POLITICAL COMMUNITY VIS-À-VIS RUSSIA

In the midst of Russia’s invasion of Ukraine, with all the geopolitical consequences it represents, Europe has shown that it is more united than ever with the establishment of the European Political Community. However, there are many questions surrounding this body and what its functions will be.

The European Political Community (EPC) was inaugurated on 6 October in Prague, where the 27 leaders of the EU members and 17 other countries, including the United Kingdom, Turkey, Ukraine, the Western Balkans, Armenia and Azerbaijan, met.

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This new bloc was devised by French President Emmanuel Macron with the intention of promoting participation and political dialogue between the nations of the old continent, as well as increasing security and stability in these uncertain times. If you want to know more about this project and what exactly its functions will be, read on.

 

HOW DID THE EUROPEAN POLITICAL COMMUNITY COME INTO BEING?

In May of this year before the European Parliament, Macron announced his intention to create an organisation that would include not only the EU-27, but also other nations that are not yet part of the EU, such as Moldova or Ukraine, or that do not want to join (Turkey) or that left (United Kingdom) but whose support is essential for European stability xnxx.

The SPC is basically a forum in which these countries will meet to discuss different issues related to security, migration, security, peace and climate. The European Council stated that this new body cannot replace the policies of the current EU, and that it respects the autonomy of the bloc of 27. This means that it does not have a binding character.

HOW DID THE EUROPEAN POLITICAL COMMUNITY COME INTO BEING?

There are organisations with similar objectives, such as the Organisation for Economic Cooperation and Development (OECD) or the Strasbourg European Council, which are binding. Thus, experts interpret the EPC as more aimed at sending a message of unity towards Russia and Belarus, and accentuating their isolation.

READ MORE: “DEVELOPMENT COOPERATION BETWEEN ECOWAS AND THE NETHERLANDS

Macron’s proposal can also be seen as another step in his plan to become Europe’s leader and take the political reins of the continent, just as Angela Merkel once was. However, this is not the first time that France has put forward a similar idea, as in 1989, François Mitterrand tried to create the European Confederation, which was unsuccessful.

 

THE CHALLENGES OF THE EUROPEAN POLITICAL COMMUNITY

However, whether Macron hopes to succeed with this new initiative will depend on what agreements these countries, which of course each have their own agenda, will be able to reach. As mentioned above, the most important issues are the energy crisis and Russia’s invasion of Ukraine.

THE CHALLENGES OF THE EUROPEAN POLITICAL COMMUNITY

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Although the continent has been forced to look for alternative sources of energy to Russian natural gas, including rationing and saving measures, Europe faces an energy crisis in 2023, which also adds to the economic and political crisis.

Of course, European security, in the context of war, is another pressing issue. In this context, relations between the EU and the UK, as well as Turkey’s requirements, or rather demands, regarding Finland and Sweden’s entry into NATO are other issues to be discussed.