EU issues EUR 850m call for energy infrastructure projects

The European Commission issued a new call for proposals for key cross-border EU energy infrastructure projects Tuesday worth up to EUR 850 million from the EU budget. Organised by the Climate, Infrastructure and Environment Executive Agency (CINEA), the call is open to projects included on the recently approved list of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs) – the first list adopted under the revised TEN-E Regulation.

Projects of Common Interest (PCIs) are key cross-border infrastructure projects that link or significantly impact the energy systems of 2 or more EU countries, whereas Projects of Mutual Interest (PMIs) link energy infrastructure of 1 or more with neighbouring countries.

For the first time, new project categories such as offshore electricity grids and hydrogen projects will be eligible for support. Defined under the EU’s Connecting Europe Facility for Energy (CEF Energy) budget, today’s call foresees the possibility of awarding co-funded grants worth a total of up to €850 million from the EU budget.

The call addresses funding proposals for studies and construction works and will be open until 22 October 2024 (17.00 CET). Results will be known early next year. A CEF Energy online info day has been scheduled for 14 May 2024 (afternoon) to present the call, explain its policy context and inform about the application and evaluation process.

Source: EUbusiness