Electricity

First round of infrastructure projects receives EU funding

Published

May 7, 2015

Country

Comments

0

Share

Published:

May 7, 2015

Country:

Comments:

0

Share

Innovation and Networks Executive Agency (INEA) has signed 15 grant agreements for priority energy infrastructure projects, the first of 34 to receive a total of EUR 647 million under the European Union’s Connecting Europe Facility 2014 call for proposals, Investment.albaniaenergy.org portal said.

The presentation of Albanian Centre for Energy Regulation and Conservation – Acerc, reported these are some of 248 projects of common interest selected by the European Commission, which aim to upgrade existing energy infrastructure and develop new energy transmission infrastructure of crucial importance to Europe’s energy security. They will also support the deployment of large-scale renewable energy.

The projects include design, implementation and environmental studies for a planned 1,518 kilometers long Israel–Cyprus–Greece 400 kV EuroAsia Interconnector of 2 k (pictured here). Also included in financing are hydro-pumped storage units in Bulgaria in Greece, a part of an interconnector between the two national grids, and several internal lines in Bulgaria.

The next grants to be allocated to energy projects under the CEF will be selected under the latest call for proposals which closed on 29 April 2015.

Related Articles

coal-power-generation-eu

Fossil fuels returned as top energy source in EU power generation in 2021

01 July 2022 - Among renewable sources, the biggest increase in 2021 was seen in electricity produced from solar energy, 13%,

Voltalia breaks ground Albania biggest solar park Western Balkans Karavasta

Voltalia breaks ground in Albania for biggest solar park in Western Balkans

01 July 2022 - The site for the Karavasta solar park spans 196 hectares in Fier county in Albania's west. The planned capacity is 140 MW.

net-loss-eps-q1

Serbia’s power utility EPS posts Q1 net loss of EUR 254 million

30 June 2022 - The state-owned power utility is blaming the poor result on a drop in output, electricity imports, and capped prices for end-consumers

EU agrees fossil fuel car ban as climate package talks are starting

EU agrees fossil fuel car ban as climate package talks are starting

29 June 2022 - The Council of the EU and European Parliament are set for talks on the Fit-for-55 package. Both agree new combustion engines should be banned by 2035.