Commission boosts Europe’s energy connectivity with 235 cross-border projects
The European Commission has approved 235 cross-border energy projects as Projects of Common Interest and Projects of Mutual Interest, the second list since 2023. These projects will receive priority permitting and EU funding through the Connecting Europe Facility, strengthening energy connectivity, boosting competitiveness, advancing decarbonisation, and reinforcing Europe’s energy security.
The projects span electricity and smart grids for renewable integration, hydrogen and electrolyser systems for decarbonisation, carbon transport infrastructure for carbon capture and storage, smart gas grids, and longstanding gas connections linking Malta and Cyprus to the mainland network. These investments contribute to meeting Europe’s projected €1.5 trillion energy infrastructure needs through 2040.
The Commission will support implementation through coordinated political engagement and regional High-Level Groups. Initiatives such as the European Grids Package and the Energy Highways initiative aim to address infrastructure bottlenecks and increase resilience.
The list will undergo scrutiny by the European Parliament and Council under the TEN-E Regulation, which allows them to accept or reject it in full. PCIs and PMIs are central to completing the EU energy market, promoting climate neutrality, and enabling cross-border cooperation with non-EU partners. Since 2014, the Connecting Europe Facility has provided €8 billion for key projects, and the budget for 2028–2034 is set to rise to nearly €30 billion.
Source: European Comission
No responses yet