Electricity

Dobrudja-Burgas overhead line gets EU funding

Published

July 15, 2016

Country

Comments

0

Share

Published:

July 15, 2016

Country:

Comments:

0

Share

Member states of the European Union agreed on a proposal from the European Commission to invest EUR 263 million in key trans-European energy infrastructure projects. Of the nine projects, four are in the electricity sector, with support worth EUR 53 million.

The list will include the construction of a 100 kilometre electricity line between Dobrudja and Burgas in Bulgaria that will strengthen the resilience of the domestic electricity grid. The investment is worth EUR 29.9 million.

The selection follows a call for proposals under Connecting Europe Facility (CEF). The selected priority projects aim to increase energy security, connect isolated member states to the wider European grid and contribute to the Energy Union objectives of affordable, secure and sustainable energy, the press release said.

With a total of EUR 800 million available for grants under CEF-Energy this year, the second call for proposals will close on November 8. Under the facility, a total of EUR 5.35 billion was allocated to 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. There are currently 195 which ensure significant benefits for at least two member states, enhance security of supply, contribute to market integration and further competition and reduce carbon dioxide emissions. The list is updated every two years.

Under the first call for Connecting Europe Facility – energy in 2014, 34 projects were awarded grants of EUR 647 million. Last year 35 projects received EUR 366 million in financial support.

 

Related Articles

Romania renewables statistically attributed Netherlands

Romania’s renewables can statistically be attributed to Netherlands

28 June 2022 - The EU enables countries to pay other member states to formally make up for shortfalls in achieving own green energy targets

NASA-fission-nuclear-moon

NASA sets out to develop nuclear power plant on the Moon

28 June 2022 - Success in building such power systems would pave the way for long-term missions on the Moon and Mars, NASA said

EU energy ministers targets renewables energy efficiency

EU energy ministers aiming at more ambitious renewables, energy efficiency targets

28 June 2022 - The Council of the EU wants to boost the renewables and energy savings targets via the Fit-for-55 package, which depends on upcoming talks

EU Alliance for Zero Emission Aviationhydrogen electrification

EU’s Alliance for Zero Emission Aviation to work on hydrogen, electrification

27 June 2022 - The EU said the Alliance for Zero Emission Aviation would accelerate the development of electric and hydrogen-powered aircraft