EU invests €79 million for gas and electricity projects in Central Europe

EU invests €79 million for gas and electricity projects in Central Europe

Nine out of 17 selected electricity and gas projects for EU funding are from Central and Eastern Europe, for a total value of €79 million out of €873 million. The EU funding for the chosen projects comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure.

In the electricity sector in Central Europe, a grant of €27 million will be allocated to support the construction of a new 400 kV internal power line between Cernavoda and Stalpu (RO), which will contribute to increase the interconnection capacity between Romania and Bulgaria and help integrate wind power from the Black Sea coast.

The Commission will also invest in studies to support the synchronisation of the Baltics States. Today's decision is of key importance for Estonia, Latvia and Lithuania and Poland to agree on the way forward to find, by the end of May 2018 at the latest, a solution on the best way to synchronise the Baltic States' electricity grid with the continental Europe system, in line with the results of the ministerial meeting from December 2017 (see STATEMENT/17/5271).

In the gas sector, €33 million will fund the preparatory works for the Baltic Pipe Project up to obtainment of all necessary permission(s) in Poland and in Denmark. Some other €16 million will go for the works on the LNG Evacuation Gas Pipeline Omisalj-Zlobin-Bosiljevo-Sisak-Kozarac-Slobodnica in Croatia.

Of the 17 projects selected for funding:

  • 8 are in the electricity sector (EU support €680 million) and nine in the gas sector (EU support €193 million).
  • four relate to construction works (EU support €723 million) and 13 to studies (EU support €150 million).

The latest PCI list was published by the Commission in November 2017. The Connecting Europe Facility (Energy) already granted €647 million to 34 projects in 2014, €366 million to 35 projects in 2015 and €707 million to 27 projects in 2016. Under the Connecting Europe Facility, a total of €5 billion has been allocated to trans-European energy infrastructure for the period 2014-2020.