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ENERGY

WATCH: Baltic Sea foams as gas leaks from damaged Nord Stream pipeline

Denmark's military on Tuesday released video footage showing gas bubbling on the surface of parts of the Baltic sea caused by leaks from the Nord Stream 2 pipeline.

WATCH: Baltic Sea foams as gas leaks from damaged Nord Stream pipeline
The Nord Stream 2 gas leakage as photographed from a Danish F-16 jet near Bornholm on September 27th 2022. Photo: Forsvaret/Ritzau Scanpix

Three gas leaks on the Nord Stream 1 and 2 pipelines were visible Tuesday in waters off Denmark with gas bubbling at the surface of the sea in areas ranging from from 200 to 1,000 metres in diameter, the Danish military said.

“The biggest leak is causing bubbling around good kilometre in diameter. The smallest is creating a circle about 200 metres” in
diameter, the military wrote in a statement accompanying photographs of the leaks off the Danish island of Bornholm.

Denmark’s military also released a video showing the surface of the sea frothing angrily as the gas escaped.

The two Nord Stream gas pipelines linking Russia and Europe have been hit by unexplained leaks, Scandinavian authorities said Tuesday, raising suspicions of sabotage.

The pipelines have been at the centre of geopolitical tensions in recent months as Russia cut gas supplies to Europe in suspected retaliation against Western sanctions following its invasion of Ukraine.

 
 

The Nord Stream 2 gas leakage as photographed from a Danish F-16 jet near Bornholm on September 27th 2022. Photo: Forsvaret/Ritzau Scanpix

One of the leaks on Nord Stream 1 occurred in the Danish economic zone and the other in the Swedish economic zone, while the Nord Stream 2 leak was in the Danish economic zone.

A leak was first reported on Nord Stream 2 on Monday.

Denmark’s energy agency has raised security alert levels at energy installations following the leaks

READ ALSO: Denmark’s energy infrastructure on alert after Nord Stream gas leakages

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MONEY

Sweden’s energy subsidy approved – but payout delayed

Sweden's Energy Markets Inspectorate (Ei) has approved the government's energy subsidy for users in southern Sweden with one addition - there will be a cap for extremely high users, which could delay payout of the subsidy.

Sweden's energy subsidy approved - but payout delayed

The government has said that the subsidy, which will go to around 5 million customers in southern and central Sweden (energy zones 3 and 4), could be paid out in the beginning of next year.

However, the decision to implement a cap for high-energy users could delay the payout, Malin Stridh, head of the energy market department at the Swedish National Grid, told TT newswire.

“This cap will mean delays in when we can pay out the subsidy,” she said. “The model Ei has now decided to approve is a model we’ve previously considered and rejected, precisely because it was important to get the energy subsidy out soon.”

“We’ve had a dialogue with Ei during this process but this has still come as a surprise.”

The subsidy will be paid out as a lump sum to individual customers – including households, companies, authorities, housing associations and organisations.

Specifically, the subsidy will go to whoever is listed on the energy network contract – the elnätsavtal – on November 18th.

Ei’s addition to the Swedish National Grid’s proposed model is due to EU rules regulating how so-called bottleneck fees can be used or repaid. In total, there are 55.6 billion kronor in fees available for repayment to consumers in the two energy zones affected.

“We’ve approved the Swedish National Grid’s model almost completely,” Elin Broström, head of Ei’s market monitoring department, told TT.

“However, those users who are at the absolute top end of the scale will need to apply to receive the subsidy above a certain level. We’re introducing a form of cap,” she added.

The cap will effect customers with a usage of over 3 million kilowatt hours – a usage far higher than that of individual households.

This means that customers in energy zone 4 can receive up to 2.37 million kronor without having to apply for special consideration, with users in energy zone 3 receiving a maximum of 1.5 million kronor before reaching this cap.

If a company, municipality or other large-scale energy consumer calculates that they are entitled to an amount higher than this based on its usage, it must be able to prove that its true energy costs were higher than this limit.

According to Ei, there are around 1,700 users affected by this cap.

“If we hadn’t introduced this cap, [they would have received] significantly higher amounts,” Broström said.

With the introduction of this cap, it is likely that only around two thirds of the 55.6 million kronor available will be used. Ei expects that roughly 16-18 million kronor could be left over.

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