Member states have voted on a Commission proposal to invest almost €800 million in key Tionscadail bhonneagair fuinnimh na hEorpa with major cross-border benefits. The EU funding comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure.

Priority is given to projects that increase competitiveness, enhance the EU's security of energy supply through the promotion of safe, secure and efficient network operation, and contribute to sustainable development and environmental protection. Creating a connected, modern energy grid represents a crucial element of the Energy Union, one of the political priorities of the Juncker Commission.

Energy Union Commission Vice President Maroš Šefčovič affirmed:“CEF is one of those instruments that prove the EU's added value. Today's approved list showcases that Energy Union is an efficient tool to modernize and green our economies, to make them future proof in line with climate and environmental goals.”

Climate Action and Energy Commissioner Miguel Arias Cañete said: “As a crucial element of our overall energy and climate strategy, we need to ensure that our energy infrastructure is sustainable, goal-oriented, and operational. With almost two thirds of today's investment decision devoted to electricity, we are delivering on our promise to align EU funding with our political ambition to deliver the clean energy transition. We continue to invest in the right energy infrastructure projects which are essential to the EU's clean energy transition and security of supply. I am particularly pleased by the support given to the Baltic electricity synchronization project, which will help materialize the Baltic States' ambition to integrate their electricity system with continental Europe and improve security of supply in the Baltic region."

The vote concerns CEF financial aid for studies and works for a total of 14 projects: 7 for electricity, 2 for smart grids, 2 for CO2 cross-border transportation and 3 for gas. The proposed CEF-Energy funding amounts to almost €800 million, with electricity and smart grids accounting for €504m, €9.3m to support studies on the development of a CO2 transport infrastructure; and €286m allocated to the gas sector. This current call for proposals (2018-2) was launched in June and closed on October 11th 2018.

• In the electricity sector, a €323m grant is awarded to the Baltic electricity synchronisation project. The Baltic States remain synchronously connected to the central dispatch facility of Russia, hindering their full integration into EU electricity markets. The project aims to increase the security of supply and reliability of the power systems in the region through their synchronous connection to the Continental European Network (CEN). In June of 2018, EU leaders agreed the political road map for completing the synchronization.
• On smart grids, support has been approved for the ACON SG project to modernize and improve the power grid between Czechia and the Slovak Republic. The €91 million grant will now contribute to the setting up of smart grids in the border region.
• Moreover, €6.5m in funding will be allocated to a study on the development of a CO2 infrastructure in the Port of Rotterdam. The objective is to establish an open access, cross-border, carbon dioxide network in North-West Europe, with its core located in the Port of Rotterdam.
• Finally, in the gas sector, the CEF will support, with nearly €215m, the Baltic Pipe project, a new, bi-directional offshore gas interconnection between Poland and Denmark. This pipeline will be crucial for security of supply and market integration of the region.

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The CEF envisages a total budget of €5.35 billion for trans-European energy infrastructure for the period 2014-2020. In order to be eligible for a grant, a proposal has to be 'a project of common interest' (PCI). When completed, the projects will each result in significant benefits for at least two member states, enhance security of supply, contribute to market integration, and enhance competition, as well as reduce CO2 emissions. The Union-wide list of Projects of Common Interest is updated every two years. The latest PCI list was published by the Commission in November 2017. The CEF-Energy already granted €647m to 34 projects in 2014, €366m to 35 projects in 2015, €707m to 27 projects in 2016, and €873m to 17 projects in 2017.

Aiseolas

sa next long-term EU budget 2021-2027, the European Commission has proposed to renew the Connecting Europe Facility, allocating €42.3bn to support investments in European infrastructure networks, including €8.7bn for energy.

Naisc ghaolmhara

List of all projects receiving EU support under the current call

Overview of projects financed by Connecting Europe Facility – Energy in 2014-2016

Current list of 'projects of common interest'