Published: August 21st, 2024,
Last updated: May 28th, 2025

The nervousness among Europe’s gas traders has a name: Sudzha. This is the only transfer point through which Russian gas still flows to Ukraine and on to the EU. The battles over the station have caused European prices to swing back to €40 per megawatt hour in recent weeks. The EU actually wants to put an end to such risks. With REPowerEU, it has set itself the goal of becoming independent of fossil energy from Russia by 2027 at the latest. Far too late, says the Brussels think tank Bruegel.