EU member states voted in January on a European Commission’s proposal to invest almost EUR 800 million in key European energy infrastructure projects (PCIs), 97% of which will go to Central and South-Eastern Europe. The EU funding comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure.
CEF provides financial aid for studies and works for 14 projects: seven for electricity, two for smart grids (€504 million), two for CO2 cross-border transportation (€9.3 million) and three for gas (€286 million).
Within this list, eight projects will be implemented in Central and South-Eastern Europe with a total support of EUR 778 mln.
ELECTRICITY and SMART GRIDS
- Construction of a new 400 kV interconnection line between Maritsa East (BG) and Nea Santa (EL): EUR 641.350;
- Electricity network interconnection between Zerjavenec (HR)/Heviz (HU) and Cirkovce (SI): EUR 48.221.508;
- Baltic Synchronisation Project – Phase 1: EUR 322.792.500;
- Implementation of the SINCRO.GRID - Phase 2: EUR 1.645.201;
- Implementation of ACON (the Czech Republic, Slovakia) - integration of the Czech and the Slovak electricity markets: EUR 91.237.868.
- Rehabilitation, modernization and expansion of the Bulgarian gas transmission system: EUR 27.184.518;
- Enhancement of Incukalns Underground Gas Storage (LV): EUR 44.000.000;
- Poland - Denmark interconnection Baltic Pipe: Reinforcement of Nybro Poland/Denmark Interconnection: EUR 214.920.000;
The CEF envisages a total budget of €5.35 billion for trans-European energy infrastructure for the period 2014-2020.The CEF-Energy already granted €647 million to 34 projects in 2014, €366 million to 35 projects in 2015, €707 million to 27 projects in 2016, and €873 million to 17 projects in 2017.