Nord Stream 2: The $11BN Megaproject That's Dividing Europe

It's more than just a pipe.

#construction #infrastructure #energy

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© 2022 The B1M Limited

[TheBM]

Happy new year everyone! We have lots of great stuff in the PIPELINE for you in 2022 🙌

[jameslyddall]

Well this video aged bloody beautifully

[nederlandmijnvaderland]

Germany is closing down their last nuclear power plants this year so they're utterly dependent on gas to keep homes warmed in the winter and the grid powered. Solar and wind just won't cover the entire energy need.

[TerenceKearns]

I watched this when it came out, and I came back to watch if after the Ukrainian situation. Turns out that this piece of reporting was quite prescient.

[estraume]

The error was not the building of the pipeline, but the political decision of Germany to shut down their nuclear power plants instead of increasing nuclear power production. Geothermal energy could also provide heating of homes in parts of Germany on other European countries.

[CosmicCells]

"It could be used as a geopolitical weapon" well now we know it definitely will!

[hazzatheman]

B1M, throughout the past two years your YouTube channel kept me excited even through a very rough time! I just want to thank you for continuing to make content!

[vusimdudu]

What seems to be forgotten is that this pipeline was started at the behest of the German government, which needed the gas after shutting down their nuclear plants. The Russains had to be persuaded after the debacle that was the southern pipeline project which got cancelled by the EU at a great cost to them.

[cassius_eu]

Why did you say that the US "threatened" sanctions? The US straight up sanctioned several German and Russian companies and ports. I also feel like the political coverage was a bit one-sided in general. For example, It probably would have been important to mention that gas production in the EU fell by 22.5 billion cubic metres during the first six months of 2021. Gas storage facilities were underfilled by 18.5 billion cubic metres. And then to top it off, American, along with Middle Eastern companies withdrew 9 billion cubic metres from the European market and redirected their sales to Latin America and Asia. Meanwhile, Russia, including Gazprom, have increased deliveries to the European market by 8.7 per cent compared to the previous year. In hard numbers, American and Middle Eastern companies undersupplied by 9 billion, while Gazprom increased its supplies by more than 11 billion.

This is rather important context because despite all this talk about "threats" by the US and Ukraine, Russia has proven to be the only reliable partner here. They were the only one to fulfil their contracts.

[CMVBrielman]

“EU countries are making commitments to going green, which will reduce the dependence on Russian [natural gas].”

Did you mean to release this a week after the EU redefined natural gas as green? Cuz that now means that these natgas pipelines are officially green projects.

[alanwhiplington]

A few years ago I had a conversation with the then chief engineer of Nordstream 2. When I suggested there might be geopolitical concerns he became aggressive and ended the conversation abruptly. I read this as indicating that the potential for problems was understood from the beginning.

[brunomartins]

It's safe to say it won't divide Europe anymore.

[mshai]

I liked the video editing at 3:00 when the music synced with the transitions. That was nice.

[pokemonfreaky]

In the Netherlands, many people are insulating their homes better to lower gas costs. Others step away from using gas by getting a heatpump. In some way, these high gas prices accelerate the transition to a fossil-free future :)

[patmat.]

Like someone said, your video editing skills are awesome, I just realized after one year actually, which is even better.

[samlukan]

Damn I’d be pissed if someone broke my 1200 km pipe

[giftsibanda]

How does a pipeline conceived, designed and built by Europeans to meet the energy needs of Europe become "a threat to European energy security" over night.
I completely fail to understand the logic. Somebody plz educate me.

[Auscan_Octrice]

Even though I’m getting ready for class, this is worth a quick break

[nickk]

this sums up one of the main reasons why whats happening in Ukraine at the moment

[milan]

I liked the explanation in this video, geopolitically it was kind of one sided though. America didn't only 'threaten' sanctions, they actively imposed sanctions on collaborating enterprises, forcing a halt until the deal with Germany came about. And not to mention the US has its own interest in reducing direct gas flow from Russia to Europe, being potentially able to sell more of their less attractive (more expensive and less environmentally friendly) fracking gas.
I'm by no means in favor of Russia's practices as well, but portraying the US as selfless and solely 'concerned about Europe's dependence' is naive.