Electricity

EU launches EUR 750 million call for energy infrastructure projects under CEF Energy

cef energy call cinea energy infrastructure

Photo: European Commission

Published

April 19, 2023

Country

Comments

comments icon

0

Share

Published:

April 19, 2023

Country:

Comments:

comments icon

0

Share

The European Climate, Infrastructure and Environment Executive Agency (CINEA) has launched a call for proposals for key cross-border EU energy infrastructure projects included on the fifth list of projects of common interest, to be co-financed through grants worth EUR 750 million from the EU budget.

The support was secured under the Connecting Europe Facility – Energy (CEF Energy).

CINEA’s call addresses studies and works for projects of common interest (PCIs). It is open until September 5, the European Commission said.

CEF Energy has a grant budget of EUR 5.84 billion for the period 2021-2027. It was set up to support studies and construction works in the areas of gas, electricity, smart grids and CO2 networks.

An info day to present the call, explain its policy context and inform about the application and evaluation process will be held virtually on May 12. CEF Energy said it plans to sign grant agreements from February to June 2024, the call reads.

PCIs are key infrastructure projects aimed at completing the European energy market in order to help the European Union achieve its energy policy and climate objectives: affordable, secure and sustainable energy for all citizens, as well as the long-term decarbonization of the economy in accordance with the EU Green Deal. Energy infrastructure is a key enabler for the energy transition.

PCIs automatically get accelerated permit granting and improved regulatory treatment

Projects selected as PCIs can automatically benefit from many advantages stemming from the Trans-European Network – Energy (TEN-E) Regulation, including accelerated permit granting and improved regulatory treatment.

CEF Energy’s studies include preparatory, mapping, feasibility, evaluation, testing and validation activities including in the form of software and with prior actions to define and develop a PCI and decide on its financing, such as reconnaissance of the sites concerned and preparation of the financial package.

Works include the purchase, supply and deployment of components, systems and services including software, the development, construction and installation activities relating to a PCI, the acceptance of installations and the launching of such a project.

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

Greece DEPA Commercial financing 816 MW solar power portfolio

Greece’s DEPA Commercial obtains financing for 816 MW solar power portfolio

26 July 2024 - State-controlled DEPA Commercial received a EUR 390 million loan from the EIB for photovoltaic projects across Greece

serbia energy cooperative solar power plant elektropionir

First cooperative solar power plants in Serbia start production

26 July 2024 - The income from the sale of electricity will be used for projects proposed by the communities of the villages on the Stara planina mountain

faria renewables mykonos solar power plant

Faria Renewables acquires 35 MW Mykonos solar project

26 July 2024 - Faria Renewables S.A. has announced the integration of photovoltaic project Mykonos into its asset portfolio

Ameresco Sunel Energy 560 MW solar power Greece Lightsource bp

Ameresco Sunel Energy starts building 560 MW solar power plant in Greece for Lightsource bp

26 July 2024 - Ameresco Sunel Energy is the contractor in Lightsource bp's solar power project of 560 MW in peak capacity, in the central part of Greece