Electricity

Electricity projects invited to apply for fourth EU Projects of Common Interest list

Photo: Pixabay

Published

October 19, 2018

Country

Comments

0

Share

Published:

October 19, 2018

Country:

Comments:

0

Share

The European Commission (EC) has opened a call for electricity projects to be submitted as candidates for the fourth European Union ‘Projects of Common Interest‘ (PCIs) list. The deadline for the applications is November 15, the EC said on its website.

The PCIs list will be adopted by the EC by the end of 2019 and published in the Official Journal by early 2020.

In accordance with the Regulation on guidelines for trans-European energy infrastructure (No 347/2013), candidate projects in electricity must be included in the Ten Year Network Development Plans (TYNDP) developed by the European Network of Transmission System Operators for electricity (ENTSO-E).

Promoters of TYNPD projects wishing to become PCIs are now invited to participate in the call by submitting an application via the on-line submission platforms for transmission and storage projects.

Calls for PCI candidates in the priority corridors for gas, smart grids, cross-border carbon dioxide network, and oil will follow, EC said.

PCIs may benefit from accelerated planning and permit granting, a single national authority for obtaining permits, improved regulatory conditions, lower administrative costs due to streamlined environmental assessment processes, increased public participation via consultations, and increased visibility to investors. These projects have the right to apply for funding from the Connecting Europe Facility (CEF).

According to EC, PCIs have access to a total of EUR 5.35 billion in funding from the CEF, the EU’s EUR 30 billion fund for boosting energy, transport, and digital infrastructure between 2014 and 2020.

Electricity corridors to connect the region

In November 2017 the EC published its third list of PCIs, which contains 173 projects; 106 electricity transmission and storage, 4 smart grid deployment, 53 gas, 6 oil, 4 cross-border carbon dioxide network.

Serbia has one electricity project, interconnection line Resita (Romania)-Pančevo (Serbia), part of the Trans-Balkan Corridor which will connect Serbia, Montenegro, Bosnia and Herzegovina to Croatia, Hungary, Romania and Italy through either 400 kV overhead lines or submarine cable.

On the third PCIs list Bulgaria has 2 electricity projects, Romania 2, Greece 1 (Euroasia Interconnector), Cyprus 1 (Euroasia Interconnector), and Montenegro 1 (Trans-Balkan Corridor).

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Belgrade Energy Forum energy storage is next big thing

Belgrade Energy Forum 2024 – energy storage is next big thing

25 May 2024 - There are exponential opportunities for energy storage investments to facilitate the green transition, main developers and operators in Southeast Europe said at Belgrade Energy Forum

janom investments Andrej Srsen bef 2024

Janom Investments bringing knowhow, investments to Western Balkans

24 May 2024 - Janom Investments is eyeing a portfolio of over 1,000 MW in wind, solar and battery projects in Croatia, BiH, Serbia and North Macedonia

maja turkovic cwp global investments bef 2024

Meet energy transition leaders in SEE: CWP Global is developing 6 GW of solar, wind, storage

24 May 2024 - Vice President for Europe at CWP Global Maja Turković was a panelist at the Belgrade Energy Forum 2024 conference

Western Balkans face tight electricity market coupling deadlines

Western Balkans face tight electricity market coupling deadlines

24 May 2024 - Market coupling is the first task in the Western Balkans energy transition and their main condition to be exempted from CBAM, panelists said at Belgrade Energy Forum