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November 22, 2024
PI Global Investments
Infrastructure

CEF Energy launches €850 million call for energy infrastructure projects


CINEA is publishing today a new call for proposals for key cross-border EU energy infrastructure projects included in the Union list of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs), in line with the revised TEN-E (Trans-European Network – Energy) Regulation (EU) 2022/869.

The new call makes available EUR 850 million from the EU budget to co-finance studies and works for both PCIs and PMIs. The call will open for submission on 30 April and will close on 22 October 2024.

Besides the usual categories, such as electricity, smart electricity grids and CO2 networks, as of this year hydrogen and electrolysers, and offshore projects from the latest PCI and PMI list can apply as well for funding.

Check the call in the Funding and Tenders Portal

CEF Energy info day to present the call, explain its policy context and inform about the application and evaluation process will be held virtually on 14 May 2024 in the afternoon (from 14.00 to 17.00).

Background

PCIs are key infrastructure projects aiming at completing the European internal energy market and help the EU to achieve its energy and climate objectives: delivering affordable, secure, and sustainable energy for all Europeans while pursuing a climate-neutral economy by 2050. PMIs are key cross-border energy infrastructure projects between the EU and non-EU countries, which contribute to the energy and climate policy objectives of the Union.

Energy infrastructure is a key enabler for the energy transition as reflected in the Commission’s communication on the European Green Deal.

Projects selected as PCIs and PMIs can automatically benefit from many advantages stemming from the TEN-E Regulation, including an accelerated permit granting and improved regulatory treatment. Projects on the list can apply for financial support under the CEF Energy programme.

CEF Energy has a grant budget of EUR 5.84 billion for the period 2021-2027.

 



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